National Grid
NGG
406 hedge funds and large institutions have $2.19B invested in National Grid in 2023 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 164 increasing their positions, 91 reducing their positions, and 37 closing their positions.
152% more call options, than puts
Call options by funds: $52.1M | Put options by funds: $20.6M
80% more repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 91
30% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 37
9% more capital invested
Capital invested by funds: $2.01B → $2.19B (+$182M)
2% more funds holding
Funds holding: 398 → 406 (+8)
0.04% more ownership
Funds ownership: 0.9% → 0.94% (+0.04%)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$69.7M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$30.9M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$20.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$16.6M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$96.1M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$16.5M |
| 3 |
Optiver Holding
Amsterdam,
Netherlands
|
-$16.3M |
| 4 |
Renaissance Technologies
New York
|
-$7.39M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$5.32M |
NGG Hedge Fund Activity: Q2 2023 in Review
406 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in National Grid (NGG) for Q2 2023, worth a combined $2.19B — up 9.1% from $2.01B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new NGG positions and 37 closed out — a net gain of 11 holders — while 164 added to existing stakes and 91 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $69.7M. The largest seller was Envestnet Asset Management, cutting an estimated $96.1M.
- 406 institutional investors held National Grid (NGG) as of Q2 2023, up from 398 in Q1 2023.
- Funds reported $2.19B of National Grid stock for Q2 2023, up 9.1% quarter-over-quarter.
- 48 funds opened new National Grid positions in Q2 2023 and 37 closed out, a net change of +11 holders.
- The largest National Grid buyer in Q2 2023 was Fidelity Investments, an estimated $69.7M added.
- The largest National Grid seller in Q2 2023 was Envestnet Asset Management, an estimated $96.1M sold.
Based on aggregated 13F filings for Q2 2023.