New Jersey Resources
242 hedge funds and large institutions have $1.7B invested in New Jersey Resources in 2016 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 92 increasing their positions, 73 reducing their positions, and 21 closing their positions.
520% more call options, than puts
Call options by funds: $999K | Put options by funds: $161K
26% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 73
0.82% less ownership
Funds ownership: 61.36% → 60.53% (-0.82%)
2% less funds holding
Funds holding: 248 → 242 (-6)
14% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 21
16% less capital invested
Capital invested by funds: $2.03B → $1.7B (-$332M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$31.9M |
| 2 |
Millennium Management
New York
|
+$21.4M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$11.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$7.93M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Ardevora Asset Management
London,
United Kingdom
|
-$29.1M |
| 2 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$16.1M |
| 3 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$16M |
| 4 |
State Street
Boston,
Massachusetts
|
-$15M |
| 5 |
Lazard Asset Management
New York
|
-$9.78M |
NJR Hedge Fund Activity: Q3 2016 in Review
242 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in New Jersey Resources (NJR) for Q3 2016, worth a combined $1.7B — down 16% from $2.03B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of NJR and 18 opened new positions — a net loss of 3 holders — while 73 trimmed existing stakes and 92 added.
The largest buyer was Adage Capital Partners, adding an estimated $31.9M. The largest seller was Ardevora Asset Management, exiting entirely with an estimated $29.1M sold.
- 242 institutional investors held New Jersey Resources (NJR) as of Q3 2016, down from 248 in Q2 2016.
- Funds reported $1.7B of New Jersey Resources stock for Q3 2016, down 16% quarter-over-quarter.
- 18 funds opened new New Jersey Resources positions in Q3 2016 and 21 closed out, a net change of -3 holders.
- The largest New Jersey Resources buyer in Q3 2016 was Adage Capital Partners, an estimated $31.9M added.
- The largest New Jersey Resources seller in Q3 2016 was Ardevora Asset Management, an estimated $29.1M sold.
Based on aggregated 13F filings for Q3 2016.