New Fortress Energy
39 hedge funds and large institutions have $819M invested in New Fortress Energy in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 3 closing their positions.
511% more capital invested
Capital invested by funds: $134M → $819M (+$685M)
202.61% more ownership
Funds ownership: 58% → 260.61% (+203%)
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
15% more funds holding
Funds holding: 34 → 39 (+5)
Top Buyers
| 1 |
FIG
Fortress Investment Group
New York
|
+$168M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$5.96M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$1.14M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.11M |
| 5 |
Morgan Stanley
New York
|
+$587K |
Top Sellers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$9.12M |
| 2 |
ECA
Encompass Capital Advisors
New York
|
-$938K |
| 3 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$304K |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$236K |
| 5 |
BC
Blackstart Capital
New York
|
-$219K |
NFE Hedge Fund Activity: Q2 2020 in Review
39 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in New Fortress Energy (NFE) for Q2 2020, worth a combined $819M — up 511% from $134M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NFE positions and 3 closed out — a net gain of 5 holders — while 13 added to existing stakes and 8 trimmed.
The largest buyer was Fortress Investment Group, opening a new position worth an estimated $168M. The largest seller was T. Rowe Price Associates, cutting an estimated $9.12M.
- 39 institutional investors held New Fortress Energy (NFE) as of Q2 2020, up from 34 in Q1 2020.
- Funds reported $819M of New Fortress Energy stock for Q2 2020, up 511% quarter-over-quarter.
- 8 funds opened new New Fortress Energy positions in Q2 2020 and 3 closed out, a net change of +5 holders.
- The largest New Fortress Energy buyer in Q2 2020 was Fortress Investment Group, an estimated $168M added.
- The largest New Fortress Energy seller in Q2 2020 was T. Rowe Price Associates, an estimated $9.12M sold.
Based on aggregated 13F filings for Q2 2020.