National Grid
360 hedge funds and large institutions have $2.94B invested in National Grid in 2016 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 122 increasing their positions, 128 reducing their positions, and 28 closing their positions.
155% more call options, than puts
Call options by funds: $8.51M | Put options by funds: $3.33M
29% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 28
1% more funds holding
Funds holding: 355 → 360 (+5)
0.08% less ownership
Funds ownership: 1.22% → 1.14% (-0.08%)
5% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 128
10% less capital invested
Capital invested by funds: $3.28B → $2.94B (-$344M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$27.1M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$14.3M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$13.7M |
| 4 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$8.57M |
| 5 |
Renaissance Technologies
New York
|
+$8.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$69.6M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$51M |
| 3 |
CI
Cambiar Investors
Denver,
Colorado
|
-$49M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$26.1M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$11.6M |
NGG Hedge Fund Activity: Q3 2016 in Review
360 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in National Grid (NGG) for Q3 2016, worth a combined $2.94B — down 10% from $3.28B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new NGG positions and 28 closed out — a net gain of 8 holders — while 122 added to existing stakes and 128 trimmed.
The largest buyer was Ameriprise, adding an estimated $27.1M. The largest seller was Arrowstreet Capital, cutting an estimated $69.6M.
- 360 institutional investors held National Grid (NGG) as of Q3 2016, up from 355 in Q2 2016.
- Funds reported $2.94B of National Grid stock for Q3 2016, down 10% quarter-over-quarter.
- 36 funds opened new National Grid positions in Q3 2016 and 28 closed out, a net change of +8 holders.
- The largest National Grid buyer in Q3 2016 was Ameriprise, an estimated $27.1M added.
- The largest National Grid seller in Q3 2016 was Arrowstreet Capital, an estimated $69.6M sold.
Based on aggregated 13F filings for Q3 2016.