National Grid
342 hedge funds and large institutions have $2.32B invested in National Grid in 2014 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 143 increasing their positions, 93 reducing their positions, and 17 closing their positions.
176% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 17
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
54% more repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 93
40% more call options, than puts
Call options by funds: $6.47M | Put options by funds: $4.6M
8% more funds holding
Funds holding: 316 → 342 (+26)
0.03% less ownership
Funds ownership: 0.93% → 0.91% (-0.03%)
5% less capital invested
Capital invested by funds: $2.44B → $2.32B (-$116M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$52.6M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$14.5M |
| 3 |
STMM
South Texas Money Management
San Antonio,
Texas
|
+$11.1M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$10.6M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$146M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$102M |
| 3 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$13.6M |
| 4 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$4.36M |
| 5 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
-$4.11M |
NGG Hedge Fund Activity: Q4 2014 in Review
342 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in National Grid (NGG) for Q4 2014, worth a combined $2.32B — down 4.8% from $2.44B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new NGG positions and 17 closed out — a net gain of 30 holders — while 143 added to existing stakes and 93 trimmed.
The largest buyer was Capital International Investors, opening a new position worth an estimated $52.6M. The largest seller was Capital World Investors, exiting entirely with an estimated $146M sold.
- 342 institutional investors held National Grid (NGG) as of Q4 2014, up from 316 in Q3 2014.
- Funds reported $2.32B of National Grid stock for Q4 2014, down 4.8% quarter-over-quarter.
- 47 funds opened new National Grid positions in Q4 2014 and 17 closed out, a net change of +30 holders.
- The largest National Grid buyer in Q4 2014 was Capital International Investors, an estimated $52.6M added.
- The largest National Grid seller in Q4 2014 was Capital World Investors, an estimated $146M sold.
Based on aggregated 13F filings for Q4 2014.