New Jersey Resources
341 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, 108 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: 321 → 341 (+20)
1.66% less ownership
Funds ownership: 76.14% → 74.48% (-1.7%)
13% less capital invested
Capital invested by funds: $3.93B → $3.41B (-$518M)
16% less repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 128
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$38.1M |
| 2 |
Man Group
London,
United Kingdom
|
+$15.6M |
| 3 |
LIP
Lighthouse Investment Partners
Palm Beach Gardens,
Florida
|
+$10.6M |
| 4 |
ETC
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
341 of the 6,383 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 108 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.
- 341 institutional investors held New Jersey Resources (NJR) as of Q2 2023, up from 321 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.