New Jersey Resources
NJR
247 hedge funds and large institutions have $2.34B invested in New Jersey Resources in 2020 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 104 increasing their positions, 66 reducing their positions, and 62 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 66
0.81% more ownership
Funds ownership: 71.06% → 71.88% (+0.81%)
15% less funds holding
Funds holding: 290 → 247 (-43)
23% less capital invested
Capital invested by funds: $3.03B → $2.34B (-$693M)
65% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 62
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $170K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$27.6M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$26.1M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$25.7M |
| 4 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
+$18.8M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$18.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
-$33.4M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$25.7M |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
-$23.6M |
| 4 |
Morgan Stanley
New York
|
-$13.8M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$13.2M |
NJR Hedge Fund Activity: Q1 2020 in Review
247 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in New Jersey Resources (NJR) for Q1 2020, worth a combined $2.34B — down 23% from $3.03B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of NJR and 22 opened new positions — a net loss of 40 holders — while 66 trimmed existing stakes and 104 added.
The largest buyer was State Street, adding an estimated $27.6M. The largest seller was Carlson Capital, exiting entirely with an estimated $33.4M sold.
- 247 institutional investors held New Jersey Resources (NJR) as of Q1 2020, down from 290 in Q4 2019.
- Funds reported $2.34B of New Jersey Resources stock for Q1 2020, down 23% quarter-over-quarter.
- 22 funds opened new New Jersey Resources positions in Q1 2020 and 62 closed out, a net change of -40 holders.
- The largest New Jersey Resources buyer in Q1 2020 was State Street, an estimated $27.6M added.
- The largest New Jersey Resources seller in Q1 2020 was Carlson Capital, an estimated $33.4M sold.
Based on aggregated 13F filings for Q1 2020.