New Fortress Energy
223 hedge funds and large institutions have $2.86B invested in New Fortress Energy in 2024 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 97 increasing their positions, 38 reducing their positions, and 57 closing their positions.
178% more capital inflows, than outflows
Capital inflows: $380M | Capital outflows: $137M
155% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 38
4.65% more ownership
Funds ownership: 58.71% → 63.36% (+4.7%)
0% less call options, than puts
Call options by funds: $103M | Put options by funds: $103M
6% less funds holding
Funds holding: 236 → 223 (-13)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
18% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
+$88.1M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$67.6M |
| 3 |
M&G plc
London,
United Kingdom
|
+$22.6M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
+$16.4M |
| 5 |
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$33.6M |
| 2 |
Wedge Capital Management
Charlotte,
North Carolina
|
-$13.8M |
| 3 |
Barclays
London,
United Kingdom
|
-$7.81M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$7.41M |
| 5 |
Troluce Capital Advisors
Dorado,
Puerto Rico
|
-$6.12M |
NFE Hedge Fund Activity: Q2 2024 in Review
223 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in New Fortress Energy (NFE) for Q2 2024, worth a combined $2.86B — down 22% from $3.68B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of NFE and 47 opened new positions — a net loss of 10 holders — while 38 trimmed existing stakes and 97 added.
The largest buyer was Primecap Management, adding an estimated $88.1M. The largest seller was Neuberger Berman Group, cutting an estimated $33.6M.
- 223 institutional investors held New Fortress Energy (NFE) as of Q2 2024, down from 236 in Q1 2024.
- Funds reported $2.86B of New Fortress Energy stock for Q2 2024, down 22% quarter-over-quarter.
- 47 funds opened new New Fortress Energy positions in Q2 2024 and 57 closed out, a net change of -10 holders.
- The largest New Fortress Energy buyer in Q2 2024 was Primecap Management, an estimated $88.1M added.
- The largest New Fortress Energy seller in Q2 2024 was Neuberger Berman Group, an estimated $33.6M sold.
Based on aggregated 13F filings for Q2 2024.