Plug Power
PLUG
121 hedge funds and large institutions have $96.3M invested in Plug Power in 2014 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 33 increasing their positions, 36 reducing their positions, and 23 closing their positions.
8% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 36
3% less funds holding
Funds holding: 125 → 121 (-4)
13% less call options, than puts
Call options by funds: $11.3M | Put options by funds: $13M
13% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 23
29% less capital invested
Capital invested by funds: $135M → $96.3M (-$38.5M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$6.67M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$5.14M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.2M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.17M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
+$973K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCS
Harvest Capital Strategies
San Francisco,
California
|
-$2M |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.38M |
| 3 |
AL
Airain Ltd
St. Peter Port,
Guernsey
|
-$1.33M |
| 4 |
ECM
Empire Capital Management
Westport,
Connecticut
|
-$1.06M |
| 5 |
BL
Bolton LP
Greenwich,
Connecticut
|
-$666K |
PLUG Hedge Fund Activity: Q4 2014 in Review
121 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Plug Power (PLUG) for Q4 2014, worth a combined $96.3M — down 29% from $135M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of PLUG and 20 opened new positions — a net loss of 3 holders — while 36 trimmed existing stakes and 33 added.
The largest buyer was Raging Capital Management, opening a new position worth an estimated $6.67M. The largest seller was Harvest Capital Strategies, exiting entirely with an estimated $2M sold.
- 121 institutional investors held Plug Power (PLUG) as of Q4 2014, down from 125 in Q3 2014.
- Funds reported $96.3M of Plug Power stock for Q4 2014, down 29% quarter-over-quarter.
- 20 funds opened new Plug Power positions in Q4 2014 and 23 closed out, a net change of -3 holders.
- The largest Plug Power buyer in Q4 2014 was Raging Capital Management, an estimated $6.67M added.
- The largest Plug Power seller in Q4 2014 was Harvest Capital Strategies, an estimated $2M sold.
Based on aggregated 13F filings for Q4 2014.