New Fortress Energy
97 hedge funds and large institutions have $3.92B invested in New Fortress Energy in 2020 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 32 increasing their positions, 25 reducing their positions, and 12 closing their positions.
183% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 12
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
33% more capital invested
Capital invested by funds: $2.94B → $3.92B (+$974M)
29% more funds holding
Funds holding: 75 → 97 (+22)
28% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 25
2.18% more ownership
Funds ownership: 39.76% → 41.94% (+2.2%)
88% less call options, than puts
Call options by funds: $3.77M | Put options by funds: $31.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$108M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$47.4M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$39.6M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$25.2M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$46.9M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$10M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
-$8.8M |
| 4 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$6.1M |
| 5 |
CA
CastleArk Alternatives
Chicago,
Illinois
|
-$5.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
101
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$440K | -10,000 | Closed |
|
102
Arrowstreet Capital
Boston,
Massachusetts
| – | -$348K | -7,900 | Closed |
|
|
DT
103
Diversified Trust
Memphis,
Tennessee
| – | -$220K | -5,000 | Closed |
|
|
EA
104
Ecofin Advisors
London,
United Kingdom
| – | -$118K | -2,692 | Closed |
|
105
Acadian Asset Management
Boston,
Massachusetts
| – | -$95K | -2,159 | Closed |
|
106
Simplex Trading
Chicago,
Illinois
| – | -$73K | -1,593 | Closed |
|
|
PFS
107
Prospera Financial Services
Dallas,
Texas
| – | -$4K | -100 | Closed |
|
|
ETC
108
Exchange Traded Concepts
Oklahoma City,
Oklahoma
| – | -$1K | -34 | Closed |
|
NFE Hedge Fund Activity: Q4 2020 in Review
97 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in New Fortress Energy (NFE) for Q4 2020, worth a combined $3.92B — up 33% from $2.94B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new NFE positions and 12 closed out — a net gain of 22 holders — while 32 added to existing stakes and 25 trimmed.
The largest buyer was William Blair Investment Management, adding an estimated $108M. The largest seller was Fidelity Investments, cutting an estimated $46.9M.
- 97 institutional investors held New Fortress Energy (NFE) as of Q4 2020, up from 75 in Q3 2020.
- Funds reported $3.92B of New Fortress Energy stock for Q4 2020, up 33% quarter-over-quarter.
- 34 funds opened new New Fortress Energy positions in Q4 2020 and 12 closed out, a net change of +22 holders.
- The largest New Fortress Energy buyer in Q4 2020 was William Blair Investment Management, an estimated $108M added.
- The largest New Fortress Energy seller in Q4 2020 was Fidelity Investments, an estimated $46.9M sold.
Based on aggregated 13F filings for Q4 2020.