New Fortress Energy
NFE
30 hedge funds and large institutions have $160M invested in New Fortress Energy in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 8 closing their positions.
23% more capital invested
Capital invested by funds: $130M → $160M (+$29.6M)
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
12.01% more ownership
Funds ownership: 53.37% → 65.38% (+12%)
3% more funds holding
Funds holding: 29 → 30 (+1)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$37M |
| 2 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
+$1.83M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$1.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$667K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$489K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.83M |
| 2 |
Barclays
London,
United Kingdom
|
-$2.69M |
| 3 |
Millennium Management
New York
|
-$2.67M |
| 4 |
TC
Teilinger Capital
Houston,
Texas
|
-$1.17M |
| 5 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$924K |
NFE Hedge Fund Activity: Q2 2019 in Review
30 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in New Fortress Energy (NFE) for Q2 2019, worth a combined $160M — up 23% from $130M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new NFE positions and 8 closed out — a net gain of 1 holder — while 9 added to existing stakes and 8 trimmed.
The largest buyer was Schroder Investment Management Group, opening a new position worth an estimated $37M. The largest seller was Goldman Sachs, cutting an estimated $2.83M.
- 30 institutional investors held New Fortress Energy (NFE) as of Q2 2019, up from 29 in Q1 2019.
- Funds reported $160M of New Fortress Energy stock for Q2 2019, up 23% quarter-over-quarter.
- 9 funds opened new New Fortress Energy positions in Q2 2019 and 8 closed out, a net change of +1 holder.
- The largest New Fortress Energy buyer in Q2 2019 was Schroder Investment Management Group, an estimated $37M added.
- The largest New Fortress Energy seller in Q2 2019 was Goldman Sachs, an estimated $2.83M sold.
Based on aggregated 13F filings for Q2 2019.