National Fuel Gas
426 hedge funds and large institutions have $3.48B invested in National Fuel Gas in 2023 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 139 increasing their positions, 160 reducing their positions, and 54 closing their positions.
133% more call options, than puts
Call options by funds: $3.12M | Put options by funds: $1.34M
0.88% more ownership
Funds ownership: 74.53% → 75.41% (+0.88%)
2% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 54
2% less capital invested
Capital invested by funds: $3.56B → $3.48B (-$85.8M)
1% less funds holding
Funds holding: 432 → 426 (-6)
13% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 160
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$60.3M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$10.5M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$10.3M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$10M |
| 5 |
EIC
Equity Investment Corp
Atlanta,
Georgia
|
+$9.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$26.5M |
| 2 |
PFC
Poplar Forest Capital
Pasadena,
California
|
-$10.6M |
| 3 |
Goldman Sachs
New York
|
-$9.18M |
| 4 |
CF
Cantor Fitzgerald
New York
|
-$8.9M |
| 5 |
BlackRock
New York
|
-$7.71M |
NFG Hedge Fund Activity: Q4 2023 in Review
426 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in National Fuel Gas (NFG) for Q4 2023, worth a combined $3.48B — down 2.4% from $3.56B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of NFG and 53 opened new positions — a net loss of 1 holder — while 160 trimmed existing stakes and 139 added.
The largest buyer was Morgan Stanley, adding an estimated $60.3M. The largest seller was JP Morgan Chase, cutting an estimated $26.5M.
- 426 institutional investors held National Fuel Gas (NFG) as of Q4 2023, down from 432 in Q3 2023.
- Funds reported $3.48B of National Fuel Gas stock for Q4 2023, down 2.4% quarter-over-quarter.
- 53 funds opened new National Fuel Gas positions in Q4 2023 and 54 closed out, a net change of -1 holder.
- The largest National Fuel Gas buyer in Q4 2023 was Morgan Stanley, an estimated $60.3M added.
- The largest National Fuel Gas seller in Q4 2023 was JP Morgan Chase, an estimated $26.5M sold.
Based on aggregated 13F filings for Q4 2023.