National Grid
347 hedge funds and large institutions have $2.2B invested in National Grid in 2016 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 90 increasing their positions, 142 reducing their positions, and 62 closing their positions.
13% more call options, than puts
Call options by funds: $6.54M | Put options by funds: $5.79M
0.04% less ownership
Funds ownership: 1.14% → 1.1% (-0.04%)
4% less funds holding
Funds holding: 360 → 347 (-13)
15% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 62
25% less capital invested
Capital invested by funds: $2.94B → $2.2B (-$734M)
37% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 142
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$160M |
| 2 |
Renaissance Technologies
New York
|
+$30.6M |
| 3 |
Two Sigma Investments
New York
|
+$29.5M |
| 4 |
Jane Street
New York
|
+$29M |
| 5 |
D.E. Shaw & Co
New York
|
+$24.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$155M |
| 2 |
CI
Cambiar Investors
Denver,
Colorado
|
-$107M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$51.9M |
| 4 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$42.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$41.9M |
NGG Hedge Fund Activity: Q4 2016 in Review
347 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in National Grid (NGG) for Q4 2016, worth a combined $2.2B — down 25% from $2.94B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of NGG and 53 opened new positions — a net loss of 9 holders — while 142 trimmed existing stakes and 90 added.
The largest buyer was 1832 Asset Management, adding an estimated $160M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $155M sold.
- 347 institutional investors held National Grid (NGG) as of Q4 2016, down from 360 in Q3 2016.
- Funds reported $2.2B of National Grid stock for Q4 2016, down 25% quarter-over-quarter.
- 53 funds opened new National Grid positions in Q4 2016 and 62 closed out, a net change of -9 holders.
- The largest National Grid buyer in Q4 2016 was 1832 Asset Management, an estimated $160M added.
- The largest National Grid seller in Q4 2016 was Arrowstreet Capital, an estimated $155M sold.
Based on aggregated 13F filings for Q4 2016.