National Fuel Gas
NFG
314 hedge funds and large institutions have $2.79B invested in National Fuel Gas in 2016 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 113 increasing their positions, 90 reducing their positions, and 49 closing their positions.
77% more call options, than puts
Call options by funds: $3.54M | Put options by funds: $2.01M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
26% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 90
6% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 49
2% less funds holding
Funds holding: 319 → 314 (-5)
3.94% less ownership
Funds ownership: 70.47% → 66.52% (-3.9%)
46% less capital invested
Capital invested by funds: $5.15B → $2.79B (-$2.35B)
Top Buyers
| 1 |
JP Morgan Chase
New York
|
+$32.5M |
| 2 |
State Street
Boston,
Massachusetts
|
+$31M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$15.7M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$6.52M |
| 5 |
Renaissance Technologies
New York
|
+$6.37M |
Top Sellers
| 1 |
SCP
Soroban Capital Partners
New York
|
-$96M |
| 2 |
NI
Nuance Investments
Kansas City,
Missouri
|
-$39.5M |
| 3 |
Neuberger Berman Group
New York
|
-$12M |
| 4 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$10.5M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$8.25M |
NFG Hedge Fund Activity: Q1 2016 in Review
314 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in National Fuel Gas (NFG) for Q1 2016, worth a combined $2.79B — down 46% from $5.15B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of NFG and 46 opened new positions — a net loss of 3 holders — while 90 trimmed existing stakes and 113 added.
The largest buyer was JP Morgan Chase, adding an estimated $32.5M. The largest seller was Soroban Capital Partners, exiting entirely with an estimated $96M sold.
- 314 institutional investors held National Fuel Gas (NFG) as of Q1 2016, down from 319 in Q4 2015.
- Funds reported $2.79B of National Fuel Gas stock for Q1 2016, down 46% quarter-over-quarter.
- 46 funds opened new National Fuel Gas positions in Q1 2016 and 49 closed out, a net change of -3 holders.
- The largest National Fuel Gas buyer in Q1 2016 was JP Morgan Chase, an estimated $32.5M added.
- The largest National Fuel Gas seller in Q1 2016 was Soroban Capital Partners, an estimated $96M sold.
Based on aggregated 13F filings for Q1 2016.