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New Fortress Energy

216 hedge funds and large institutions have $1.16B invested in New Fortress Energy in 2024 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 90 increasing their positions, 55 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 55

1.47% less ownership

Funds ownership: 63.35%61.88% (-1.5%)

7% less funds holding

Funds holding: 232216 (-16)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

23% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 57

59% less capital invested

Capital invested by funds: $2.86B → $1.16B (-$1.7B)

75% less call options, than puts

Call options by funds: $24.8M | Put options by funds: $101M

Holders
216
Holders Change
-16
Holders Change %
-6.9%
% of All Funds
3.1%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.07%
New
44
Increased
90
Reduced
55
Closed
57
Calls
$24.8M
Puts
$101M
Net Calls
-$75.8M
Net Calls Change
-$75.6M
Name Holding Trade Value Shares
Change
Change in
Stake
GMP
1
Great Mountain Partners
Connecticut
$232M
FIG
2
Fortress Investment Group
New York
$122M
Primecap Management
3
Primecap Management
California
$105M +$54.1M +3,505,975 +44%
William Blair Investment Management
4
William Blair Investment Management
Illinois
$101M +$23.3M +1,508,466 +16%
Capital World Investors
5
Capital World Investors
California
$96.4M -$111M -7,192,351 -40%
Vanguard Group
6
Vanguard Group
Pennsylvania
$78.1M +$1.3M +84,333 +1%
ECA
7
Encompass Capital Advisors
New York
$59.1M +$26.4M +1,709,236 +36%
BlackRock
8
BlackRock
New York
$46.8M +$19M +1,231,037 +31%
Invesco
9
Invesco
Georgia
$30.4M -$1.86M -120,677 -3%
MGP
10
M&G plc
United Kingdom
$22.7M -$222K -14,371 -0.6%
Morgan Stanley
11
Morgan Stanley
New York
$22.3M +$3.2M +207,387 +9%
Federated Hermes
12
Federated Hermes
Pennsylvania
$18.9M -$32.3M -2,097,696 -50%
HHAM
13
HITE Hedge Asset Management
Massachusetts
$16.9M -$20.6M -1,334,636 -42%
AACA
14
American Assets Capital Advisers
California
$15M +$12.3M +799,280 +106%
Wells Fargo
15
Wells Fargo
California
$11.4M +$10.7M +695,789 +124%
State Street
16
State Street
Massachusetts
$11M +$866K +56,153 +5%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$10.2M -$5.03M -326,425 -23%
Mirae Asset Global ETFs Holdings
18
Mirae Asset Global ETFs Holdings
Hong Kong
$10.1M +$6.53M +423,503 +62%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$9.62M -$2.54M -164,633 -13%
KA
20
Kailix Advisors
Florida
$7.74M -$20.9M -1,352,385 -61%
HCM
21
Huber Capital Management
California
$7.73M +$6.84M +443,509 +109%
Bank of America
22
Bank of America
North Carolina
$6.83M +$3.28M +212,413 +39%
Norges Bank
23
Norges Bank
Norway
$6.09M +$611K +39,591 +6%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$4.37M +$187K +12,145 +3%
PA
25
Pinnacle Associates
New York
$3.69M +$1.51M +97,895 New

NFE Hedge Fund Activity: Q3 2024 in Review

216 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in New Fortress Energy (NFE) for Q3 2024, worth a combined $1.16B — down 59% from $2.86B a quarter earlier.

Sellers outnumbered buyers: 57 funds closed out of NFE and 44 opened new positions — a net loss of 13 holders — while 55 trimmed existing stakes and 90 added.

The largest buyer was Primecap Management, adding an estimated $54.1M. The largest seller was Capital World Investors, cutting an estimated $111M.

  • 216 institutional investors held New Fortress Energy (NFE) as of Q3 2024, down from 232 in Q2 2024.
  • Funds reported $1.16B of New Fortress Energy stock for Q3 2024, down 59% quarter-over-quarter.
  • 44 funds opened new New Fortress Energy positions in Q3 2024 and 57 closed out, a net change of -13 holders.
  • The largest New Fortress Energy buyer in Q3 2024 was Primecap Management, an estimated $54.1M added.
  • The largest New Fortress Energy seller in Q3 2024 was Capital World Investors, an estimated $111M sold.

Based on aggregated 13F filings for Q3 2024.