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National Grid

451 hedge funds and large institutions have $2.6B invested in National Grid in 2024 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 175 increasing their positions, 124 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

561% more call options, than puts

Call options by funds: $39.3M | Put options by funds: $5.94M

78% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 36

41% more repeat investments, than reductions

Existing positions increased: 175 | Existing positions reduced: 124

6% more funds holding

Funds holding: 427451 (+24)

4% more capital invested

Capital invested by funds: $2.5B → $2.6B (+$96.4M)

0.03% more ownership

Funds ownership: 1.06%1.09% (+0.03%)

Holders
451
Holders Change
+24
Holders Change %
+5.62%
% of All Funds
6.5%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
64
Increased
175
Reduced
124
Closed
36
Calls
$39.3M
Puts
$5.94M
Net Calls
+$33.3M
Net Calls Change
-$22.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$232M -$4.82M -76,202 -2%
Renaissance Technologies
2
Renaissance Technologies
New York
$222M -$4.31M -68,095 -2%
Federated Hermes
3
Federated Hermes
Pennsylvania
$193M -$8.04M -127,169 -4%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$189M +$27.4M +432,574 +17%
Morgan Stanley
5
Morgan Stanley
New York
$139M -$116M -1,838,349 -46%
Goldman Sachs
6
Goldman Sachs
New York
$124M +$11.4M +180,575 +10%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$113M +$15.8M +249,567 +17%
JP Morgan Chase
8
JP Morgan Chase
New York
$98.9M -$3.42M -54,078 -3%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$92.3M +$4.48M +70,844 +5%
Wells Fargo
10
Wells Fargo
California
$88M +$4.98M +78,757 +6%
RJA
11
Raymond James & Associates
Florida
$86.5M +$528K +8,346 +0.6%
Capital International Investors
12
Capital International Investors
California
$86.2M +$84.8M +1,341,140 New
LPL Financial
13
LPL Financial
California
$52.2M -$932K -14,727 -2%
BlackRock
14
BlackRock
New York
$51.2M +$8.02M +126,863 +19%
CCMG
15
Clark Capital Management Group
Pennsylvania
$48.3M +$47.6M +752,049 New
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$46.5M +$706K +11,154 +2%
N
17
Nuveen
North Carolina
$45.2M +$2.32M +36,612 +6%
Ameriprise
18
Ameriprise
Minnesota
$39.4M +$4.6M +72,661 +13%
Invesco
19
Invesco
Georgia
$35.5M -$2.19M -34,596 -6%
Neuberger Berman Group
20
Neuberger Berman Group
New York
$34.4M +$6.04M +95,497 +22%
Bank of Montreal
21
Bank of Montreal
Ontario, Canada
$30.5M +$443K +7,009 +2%
Manulife (Manufacturers Life Insurance)
22
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$27.9M +$1.65M +26,044 +6%
Northern Trust
23
Northern Trust
Illinois
$25M +$374K +5,918 +2%
Truist Financial
24
Truist Financial
North Carolina
$19.6M -$3.55M -56,119 -16%
Stifel Financial
25
Stifel Financial
Missouri
$17.6M +$689K +10,885 +4%

NGG Hedge Fund Activity: Q1 2024 in Review

451 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in National Grid (NGG) for Q1 2024, worth a combined $2.6B — up 3.9% from $2.5B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new NGG positions and 36 closed out — a net gain of 28 holders — while 175 added to existing stakes and 124 trimmed.

The largest buyer was Capital International Investors, opening a new position worth an estimated $84.8M. The largest seller was Morgan Stanley, cutting an estimated $116M.

  • 451 institutional investors held National Grid (NGG) as of Q1 2024, up from 427 in Q4 2023.
  • Funds reported $2.6B of National Grid stock for Q1 2024, up 3.9% quarter-over-quarter.
  • 64 funds opened new National Grid positions in Q1 2024 and 36 closed out, a net change of +28 holders.
  • The largest National Grid buyer in Q1 2024 was Capital International Investors, an estimated $84.8M added.
  • The largest National Grid seller in Q1 2024 was Morgan Stanley, an estimated $116M sold.

Based on aggregated 13F filings for Q1 2024.