National Grid
277 hedge funds and large institutions have $2.23B invested in National Grid in 2013 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 107 increasing their positions, 106 reducing their positions, and 21 closing their positions.
448% more call options, than puts
Call options by funds: $45.8M | Put options by funds: $8.36M
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
1% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 106
0.08% less ownership
Funds ownership: 1.13% → 1.05% (-0.08%)
2% less capital invested
Capital invested by funds: $2.27B → $2.23B (-$42M)
5% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 21
1% less funds holding
Funds holding: 281 → 277 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$31.1M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$8.54M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.45M |
| 4 |
WHRC
W.H. Reaves & Co
Jersey City,
New Jersey
|
+$7.32M |
| 5 |
TC
Teilinger Capital
Houston,
Texas
|
+$7.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$71.7M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$56.7M |
| 3 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$18.7M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$17.5M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$14.5M |
NGG Hedge Fund Activity: Q3 2013 in Review
277 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in National Grid (NGG) for Q3 2013, worth a combined $2.23B — down 1.8% from $2.27B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of NGG and 20 opened new positions — a net loss of 1 holder — while 106 trimmed existing stakes and 107 added.
The largest buyer was Renaissance Technologies, adding an estimated $31.1M. The largest seller was Jennison Associates, cutting an estimated $71.7M.
- 277 institutional investors held National Grid (NGG) as of Q3 2013, down from 281 in Q2 2013.
- Funds reported $2.23B of National Grid stock for Q3 2013, down 1.8% quarter-over-quarter.
- 20 funds opened new National Grid positions in Q3 2013 and 21 closed out, a net change of -1 holder.
- The largest National Grid buyer in Q3 2013 was Renaissance Technologies, an estimated $31.1M added.
- The largest National Grid seller in Q3 2013 was Jennison Associates, an estimated $71.7M sold.
Based on aggregated 13F filings for Q3 2013.