National Grid
NGG
350 hedge funds and large institutions have $2.51B invested in National Grid in 2015 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 134 increasing their positions, 99 reducing their positions, and 31 closing their positions.
171% more call options, than puts
Call options by funds: $11.4M | Put options by funds: $4.21M
55% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 31
35% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 99
4% more funds holding
Funds holding: 337 → 350 (+13)
0.01% less ownership
Funds ownership: 1.05% → 1.05% (-0.01%)
1% less capital invested
Capital invested by funds: $2.53B → $2.51B (-$22.4M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$50.6M |
| 2 |
Renaissance Technologies
New York
|
+$16.2M |
| 3 |
CI
Cambiar Investors
Denver,
Colorado
|
+$11.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$6.01M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$5.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$34.6M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$24.4M |
| 3 |
MIS
Morningstar Investment Services
Chicago,
Illinois
|
-$18.1M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$15.5M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$13.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
376
Waverly Advisors
Birmingham,
Alabama
| – | -$15K | -226 | Closed |
|
|
BCA
377
Bray Capital Advisors
Naples,
Florida
| – | -$14K | -207 | Closed |
|
|
RCG
378
Ruggie Capital Group
Tavares,
Florida
| – | -$3K | -45 | Closed |
|
379
BNP Paribas Financial Markets
Paris,
France
| – | -$2.92K | -44 | Closed |
|
|
SSB
380
Sandy Spring Bank
Olney,
Maryland
| – | -$1K | -10 | Closed |
|
NGG Hedge Fund Activity: Q4 2015 in Review
350 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in National Grid (NGG) for Q4 2015, worth a combined $2.51B — down 0.89% from $2.53B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new NGG positions and 31 closed out — a net gain of 17 holders — while 134 added to existing stakes and 99 trimmed.
The largest buyer was Bank of America, adding an estimated $50.6M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $34.6M sold.
- 350 institutional investors held National Grid (NGG) as of Q4 2015, up from 337 in Q3 2015.
- Funds reported $2.51B of National Grid stock for Q4 2015, down 0.89% quarter-over-quarter.
- 48 funds opened new National Grid positions in Q4 2015 and 31 closed out, a net change of +17 holders.
- The largest National Grid buyer in Q4 2015 was Bank of America, an estimated $50.6M added.
- The largest National Grid seller in Q4 2015 was Adage Capital Partners, an estimated $34.6M sold.
Based on aggregated 13F filings for Q4 2015.