New Fortress Energy
NFE
226 hedge funds and large institutions have $3.06B invested in New Fortress Energy in 2023 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 98 increasing their positions, 64 reducing their positions, and 80 closing their positions.
54% more call options, than puts
Call options by funds: $64.1M | Put options by funds: $41.5M
53% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 64
1.76% more ownership
Funds ownership: 48.04% → 49.8% (+1.8%)
8% less funds holding in top 10
Funds holding in top 10: 13 → 12 (-1)
15% less funds holding
Funds holding: 267 → 226 (-41)
28% less capital invested
Capital invested by funds: $4.25B → $3.06B (-$1.19B)
49% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$67.5M |
| 2 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$64.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$42.7M |
| 4 |
CC
Covalis Capital
London,
United Kingdom
|
+$35.5M |
| 5 |
ECA
Encompass Capital Advisors
New York
|
+$30.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$71.4M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$65.6M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$40.4M |
| 4 |
RCMU
Rokos Capital Management (UK)
London,
United Kingdom
|
-$16.8M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$16.1M |
NFE Hedge Fund Activity: Q1 2023 in Review
226 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in New Fortress Energy (NFE) for Q1 2023, worth a combined $3.06B — down 28% from $4.25B a quarter earlier.
Sellers outnumbered buyers: 80 funds closed out of NFE and 41 opened new positions — a net loss of 39 holders — while 64 trimmed existing stakes and 98 added.
The largest buyer was Citadel Advisors, adding an estimated $67.5M. The largest seller was Rubric Capital Management (New York), exiting entirely with an estimated $71.4M sold.
- 226 institutional investors held New Fortress Energy (NFE) as of Q1 2023, down from 267 in Q4 2022.
- Funds reported $3.06B of New Fortress Energy stock for Q1 2023, down 28% quarter-over-quarter.
- 41 funds opened new New Fortress Energy positions in Q1 2023 and 80 closed out, a net change of -39 holders.
- The largest New Fortress Energy buyer in Q1 2023 was Citadel Advisors, an estimated $67.5M added.
- The largest New Fortress Energy seller in Q1 2023 was Rubric Capital Management (New York), an estimated $71.4M sold.
Based on aggregated 13F filings for Q1 2023.