New Fortress Energy
212 hedge funds and large institutions have $1.16B invested in New Fortress Energy in 2024 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 85 increasing their positions, 50 reducing their positions, and 54 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 50
1.47% less ownership
Funds ownership: 63.36% → 61.89% (-1.5%)
5% less funds holding
Funds holding: 223 → 212 (-11)
15% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 54
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
22% less capital inflows, than outflows
Capital inflows: $231M | Capital outflows: $296M
75% less call options, than puts
Call options by funds: $24.8M | Put options by funds: $101M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Primecap Management
Pasadena,
California
|
+$54.1M |
| 2 |
Encompass Capital Advisors
New York
|
+$26.4M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$23.3M |
| 4 |
BlackRock
New York
|
+$19M |
| 5 |
American Assets Capital Advisers
San Diego,
California
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$111M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$32.3M |
| 3 |
Electron Capital Partners
New York
|
-$23.8M |
| 4 |
KA
Kailix Advisors
Fort Lauderdale,
Florida
|
-$20.9M |
| 5 |
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$20.6M |
NFE Hedge Fund Activity: Q3 2024 in Review
212 of the 6,987 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: 54 funds closed out of NFE and 46 opened new positions — a net loss of 8 holders — while 50 trimmed existing stakes and 85 added.
The largest buyer was Primecap Management, adding an estimated $54.1M. The largest seller was Capital World Investors, cutting an estimated $111M.
- 212 institutional investors held New Fortress Energy (NFE) as of Q3 2024, down from 223 in Q2 2024.
- Funds reported $1.16B of New Fortress Energy stock for Q3 2024, down 59% quarter-over-quarter.
- 46 funds opened new New Fortress Energy positions in Q3 2024 and 54 closed out, a net change of -8 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.