New Jersey Resources
252 hedge funds and large institutions have $1.92B invested in New Jersey Resources in 2016 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 92 increasing their positions, 67 reducing their positions, and 23 closing their positions.
57% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 23
37% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 67
12% more capital invested
Capital invested by funds: $1.71B → $1.92B (+$203M)
3% more funds holding
Funds holding: 244 → 252 (+8)
2.07% more ownership
Funds ownership: 60.54% → 62.6% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$22.4M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$19M |
| 3 |
Goldman Sachs
New York
|
+$17.9M |
| 4 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$16.1M |
| 5 |
WHRC
W.H. Reaves & Co
Jersey City,
New Jersey
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$20.3M |
| 2 |
State Street
Boston,
Massachusetts
|
-$18.8M |
| 3 |
Millennium Management
New York
|
-$11.4M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$11.3M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$10.9M |
NJR Hedge Fund Activity: Q4 2016 in Review
252 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in New Jersey Resources (NJR) for Q4 2016, worth a combined $1.92B — up 12% from $1.71B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new NJR positions and 23 closed out — a net gain of 13 holders — while 92 added to existing stakes and 67 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $22.4M. The largest seller was Adage Capital Partners, cutting an estimated $20.3M.
- 252 institutional investors held New Jersey Resources (NJR) as of Q4 2016, up from 244 in Q3 2016.
- Funds reported $1.92B of New Jersey Resources stock for Q4 2016, up 12% quarter-over-quarter.
- 36 funds opened new New Jersey Resources positions in Q4 2016 and 23 closed out, a net change of +13 holders.
- The largest New Jersey Resources buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $22.4M added.
- The largest New Jersey Resources seller in Q4 2016 was Adage Capital Partners, an estimated $20.3M sold.
Based on aggregated 13F filings for Q4 2016.