National Grid
420 hedge funds and large institutions have $2.25B invested in National Grid in 2024 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 122 increasing their positions, 180 reducing their positions, and 67 closing their positions.
1,423% more call options, than puts
Call options by funds: $32.7M | Put options by funds: $2.15M
0.21% less ownership
Funds ownership: 1.09% → 0.88% (-0.21%)
7% less funds holding
Funds holding: 451 → 420 (-31)
13% less capital invested
Capital invested by funds: $2.6B → $2.25B (-$349M)
32% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 180
40% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Covalis Capital
London,
United Kingdom
|
+$97.9M |
| 2 |
HSBC Holdings
London,
United Kingdom
|
+$41.2M |
| 3 |
CG
Covalis (Gibraltar)
Midtown,
Gibraltar
|
+$39.4M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$32.8M |
| 5 |
GAM
Groupama Asset Management
Paris,
France
|
+$24.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$33M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$33M |
| 3 |
Goldman Sachs
New York
|
-$18.7M |
| 4 |
Morgan Stanley
New York
|
-$14.4M |
| 5 |
Renaissance Technologies
New York
|
-$12.5M |
NGG Hedge Fund Activity: Q2 2024 in Review
420 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in National Grid (NGG) for Q2 2024, worth a combined $2.25B — down 13% from $2.6B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of NGG and 40 opened new positions — a net loss of 27 holders — while 180 trimmed existing stakes and 122 added.
The largest buyer was Covalis Capital, opening a new position worth an estimated $97.9M. The largest seller was Federated Hermes, cutting an estimated $33M.
- 420 institutional investors held National Grid (NGG) as of Q2 2024, down from 451 in Q1 2024.
- Funds reported $2.25B of National Grid stock for Q2 2024, down 13% quarter-over-quarter.
- 40 funds opened new National Grid positions in Q2 2024 and 67 closed out, a net change of -27 holders.
- The largest National Grid buyer in Q2 2024 was Covalis Capital, an estimated $97.9M added.
- The largest National Grid seller in Q2 2024 was Federated Hermes, an estimated $33M sold.
Based on aggregated 13F filings for Q2 2024.