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National Fuel Gas

344 hedge funds and large institutions have $3.7B invested in National Fuel Gas in 2013 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 102 increasing their positions, 131 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 22

41% more call options, than puts

Call options by funds: $16M | Put options by funds: $11.4M

5% more capital invested

Capital invested by funds: $3.52B → $3.7B (+$180M)

5% more funds holding

Funds holding: 328344 (+16)

0.69% more ownership

Funds ownership: 61.31%62% (+0.69%)

22% less repeat investments, than reductions

Existing positions increased: 102 | Existing positions reduced: 131

22% less funds holding in top 10

Funds holding in top 10: 97 (-2)

Holders
344
Holders Change
+16
Holders Change %
+4.88%
% of All Funds
9.99%
Holding in Top 10
7
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-22.22%
% of All Funds
0.2%
New
41
Increased
102
Reduced
131
Closed
22
Calls
$16M
Puts
$11.4M
Net Calls
+$4.63M
Net Calls Change
+$1.66M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$364M +$13.6M +195,894 +4%
State Street
2
State Street
Massachusetts
$293M -$65.6M -944,116 -19%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$284M +$72.6M +1,045,537 +36%
GF
4
Gabelli Funds
New York
$272M +$1.59M +22,926 +0.6%
GI
5
GAMCO Investors
Connecticut
$272M +$7.41M +106,638 +3%
RRAM
6
River Road Asset Management
Kentucky
$213M +$38.2M +549,393 +23%
BFA
7
BlackRock Fund Advisors
California
$163M +$11.8M +170,208 +8%
BIT
8
BlackRock Institutional Trust
California
$155M +$4.98M +71,663 +3%
JP Morgan Chase
9
JP Morgan Chase
New York
$151M +$71.2M +1,025,379 +95%
Neuberger Berman Group
10
Neuberger Berman Group
New York
$114M +$10.6M +152,880 +11%
ACA
11
Anchor Capital Advisors
Massachusetts
$71.1M -$2.79M -40,198 -4%
Norges Bank
12
Norges Bank
Norway
$67.7M -$3.94M -56,774 -6%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$62.7M -$1.2M -17,297 -2%
Principal Financial Group
14
Principal Financial Group
Iowa
$57.9M -$435K -6,257 -0.8%
Northern Trust
15
Northern Trust
Illinois
$45M +$171K +2,454 +0.4%
DRZID
16
DePrince Race & Zollo Inc (DRZ)
Florida
$43.4M -$3.53M -50,772 -8%
PNC Financial Services Group
17
PNC Financial Services Group
Pennsylvania
$41.1M +$1.85M +26,630 +5%
MG
18
Mitchell Group
Texas
$39.6M +$3.95M +56,920 +11%
TCA
19
Tortoise Capital Advisors
Kansas
$34.3M +$1.81M +25,990 +6%
Wells Fargo
20
Wells Fargo
California
$31.5M +$194K +2,790 +0.6%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$28.6M +$2.78M +40,029 +11%
HAI
22
Hennessy Advisors Inc
California
$27.8M +$4.18M +60,100 +18%
AAMU
23
Amundi Asset Management US
Massachusetts
$23.5M -$169K -2,436 -0.7%
Morgan Stanley
24
Morgan Stanley
New York
$22.8M +$5.47M +78,784 +33%
VM
25
Valinor Management
New York
$21.9M -$33.5M -482,603 -61%

NFG Hedge Fund Activity: Q4 2013 in Review

344 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in National Fuel Gas (NFG) for Q4 2013, worth a combined $3.7B — up 5.1% from $3.52B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new NFG positions and 22 closed out — a net gain of 19 holders — while 102 added to existing stakes and 131 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $72.6M. The largest seller was State Street, cutting an estimated $65.6M.

  • 344 institutional investors held National Fuel Gas (NFG) as of Q4 2013, up from 328 in Q3 2013.
  • Funds reported $3.7B of National Fuel Gas stock for Q4 2013, up 5.1% quarter-over-quarter.
  • 41 funds opened new National Fuel Gas positions in Q4 2013 and 22 closed out, a net change of +19 holders.
  • The largest National Fuel Gas buyer in Q4 2013 was Fidelity Investments, an estimated $72.6M added.
  • The largest National Fuel Gas seller in Q4 2013 was State Street, an estimated $65.6M sold.

Based on aggregated 13F filings for Q4 2013.