New Jersey Resources
342 hedge funds and large institutions have $3.41B invested in New Jersey Resources in 2023 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 109 increasing their positions, 128 reducing their positions, and 29 closing their positions.
72% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 29
6% more funds holding
Funds holding: 322 → 342 (+20)
1.66% less ownership
Funds ownership: 76.14% → 74.48% (-1.7%)
15% less repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 128
32% less capital inflows, than outflows
Capital inflows: $168M | Capital outflows: $248M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$38.1M |
| 2 |
Man Group
London,
United Kingdom
|
+$15.6M |
| 3 |
Lighthouse Investment Partners
Palm Beach Gardens,
Florida
|
+$10.6M |
| 4 |
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
+$9.5M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$7.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$77.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$32.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$27.2M |
| 4 |
JP Morgan Chase
New York
|
-$11.9M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$7.81M |
NJR Hedge Fund Activity: Q2 2023 in Review
342 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in New Jersey Resources (NJR) for Q2 2023, worth a combined $3.41B — down 13% from $3.93B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new NJR positions and 29 closed out — a net gain of 21 holders — while 109 added to existing stakes and 128 trimmed.
The largest buyer was BlackRock, adding an estimated $38.1M. The largest seller was State Street, cutting an estimated $77.8M.
- 342 institutional investors held New Jersey Resources (NJR) as of Q2 2023, up from 322 in Q1 2023.
- Funds reported $3.41B of New Jersey Resources stock for Q2 2023, down 13% quarter-over-quarter.
- 50 funds opened new New Jersey Resources positions in Q2 2023 and 29 closed out, a net change of +21 holders.
- The largest New Jersey Resources buyer in Q2 2023 was BlackRock, an estimated $38.1M added.
- The largest New Jersey Resources seller in Q2 2023 was State Street, an estimated $77.8M sold.
Based on aggregated 13F filings for Q2 2023.