PIEDMONT NATURAL GAS CO INC(NC
PNY
PNY was delisted on the 3rd of October, 2016.
263 hedge funds and large institutions have $3.2B invested in PIEDMONT NATURAL GAS CO INC(NC in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 91 increasing their positions, 70 reducing their positions, and 33 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
30% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 70
2% more capital invested
Capital invested by funds: $3.13B → $3.2B (+$68.5M)
7% less funds holding
Funds holding: 283 → 263 (-20)
52% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 33
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.07M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$72M |
| 2 |
GF
Gabelli Funds
Rye,
New York
|
+$38.4M |
| 3 |
HI
HBK Investments
Dallas,
Texas
|
+$32.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$31.7M |
| 5 |
Citigroup
New York
|
+$30.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$60.1M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$39.6M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$23.9M |
| 4 |
Renaissance Technologies
New York
|
-$13.9M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$13.4M |
PNY Hedge Fund Activity: Q3 2016 in Review
263 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in PIEDMONT NATURAL GAS CO INC(NC (PNY) for Q3 2016, worth a combined $3.2B — up 2.2% from $3.13B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of PNY and 16 opened new positions — a net loss of 17 holders — while 70 trimmed existing stakes and 91 added.
The largest buyer was JP Morgan Chase, adding an estimated $72M. The largest seller was Duff & Phelps Investment Management, exiting entirely with an estimated $60.1M sold.
- 263 institutional investors held PIEDMONT NATURAL GAS CO INC(NC (PNY) as of Q3 2016, down from 283 in Q2 2016.
- Funds reported $3.2B of PIEDMONT NATURAL GAS CO INC(NC stock for Q3 2016, up 2.2% quarter-over-quarter.
- 16 funds opened new PIEDMONT NATURAL GAS CO INC(NC positions in Q3 2016 and 33 closed out, a net change of -17 holders.
- The largest PIEDMONT NATURAL GAS CO INC(NC buyer in Q3 2016 was JP Morgan Chase, an estimated $72M added.
- The largest PIEDMONT NATURAL GAS CO INC(NC seller in Q3 2016 was Duff & Phelps Investment Management, an estimated $60.1M sold.
Based on aggregated 13F filings for Q3 2016.