New Jersey Resources
320 hedge funds and large institutions have $2.87B invested in New Jersey Resources in 2023 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 121 increasing their positions, 117 reducing their positions, and 48 closing their positions.
1,251% more call options, than puts
Call options by funds: $500K | Put options by funds: $37K
3% more repeat investments, than reductions
Existing positions increased: 121 | Existing positions reduced: 117
2.41% less ownership
Funds ownership: 74.48% → 72.06% (-2.4%)
6% less funds holding
Funds holding: 342 → 320 (-22)
16% less capital invested
Capital invested by funds: $3.41B → $2.87B (-$542M)
38% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 48
Top Buyers
| 1 |
Millennium Management
New York
|
+$21.6M |
| 2 |
BlackRock
New York
|
+$18.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.4M |
| 4 |
Morgan Stanley
New York
|
+$13.4M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$11.7M |
Top Sellers
| 1 |
State Street
Boston,
Massachusetts
|
-$138M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$22.9M |
| 3 |
Man Group
London,
United Kingdom
|
-$13.5M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.1M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$10M |
NJR Hedge Fund Activity: Q3 2023 in Review
320 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in New Jersey Resources (NJR) for Q3 2023, worth a combined $2.87B — down 16% from $3.41B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of NJR and 30 opened new positions — a net loss of 18 holders — while 117 trimmed existing stakes and 121 added.
The largest buyer was Millennium Management, adding an estimated $21.6M. The largest seller was State Street, cutting an estimated $138M.
- 320 institutional investors held New Jersey Resources (NJR) as of Q3 2023, down from 342 in Q2 2023.
- Funds reported $2.87B of New Jersey Resources stock for Q3 2023, down 16% quarter-over-quarter.
- 30 funds opened new New Jersey Resources positions in Q3 2023 and 48 closed out, a net change of -18 holders.
- The largest New Jersey Resources buyer in Q3 2023 was Millennium Management, an estimated $21.6M added.
- The largest New Jersey Resources seller in Q3 2023 was State Street, an estimated $138M sold.
Based on aggregated 13F filings for Q3 2023.