SolarEdge
SEDG
111 hedge funds and large institutions have $306M invested in SolarEdge in 2016 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 44 increasing their positions, 29 reducing their positions, and 26 closing their positions.
60.08% more ownership
Funds ownership: 0% → 60.08% (+60%)
52% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 29
5% less funds holding
Funds holding: 117 → 111 (-6)
12% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 26
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
31% less capital invested
Capital invested by funds: $444M → $306M (-$138M)
85% less call options, than puts
Call options by funds: $3.95M | Put options by funds: $26.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Senvest Management
New York
|
+$9.3M |
| 2 |
MMH
Menora Mivtachim Holdings
Ramat Gan,
Israel
|
+$6.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$5.83M |
| 4 |
NIPH
NN Investment Partners Holdings
The Hague,
Netherlands
|
+$3.49M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PSCM
Prince Street Capital Management
New York
|
-$16.6M |
| 2 |
Neuberger Berman Group
New York
|
-$10M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$8.71M |
| 4 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$8.64M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CMANY
126
Capital Management Associates (New York)
New York
| – | -$258K | -15,000 | Closed |
|
|
FMA
127
FNY Managed Accounts
New York
| – | -$258K | -15,000 | Closed |
|
|
RJA
128
Raymond James & Associates
St Petersburg,
Florida
| – | -$245K | -14,245 | Closed |
|
129
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$198K | -11,500 | Closed |
|
|
QI
130
Quotient Investors
New York
| – | -$193K | -11,200 | Closed |
|
131
UBS AM
Chicago,
Illinois
| – | -$172K | -10,000 | Closed |
|
|
EWM
132
Evercore Wealth Management
New York
| – | -$55K | -3,166 | Closed |
|
|
AIM
133
Acrospire Investment Management
Chicago,
Illinois
| – | -$17K | -1,000 | Closed |
|
|
CSS
134
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$9K | -549 | Closed |
|
|
WTC
135
WhitTier Trust Company
Reno,
Nevada
| – | -$4K | -250 | Closed |
|
|
TDC
136
Thompson Davis & Co
Richmond,
Virginia
| – | -$2K | -125 | Closed |
|
SEDG Hedge Fund Activity: Q4 2016 in Review
111 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in SolarEdge (SEDG) for Q4 2016, worth a combined $306M — down 31% from $444M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of SEDG and 23 opened new positions — a net loss of 3 holders — while 29 trimmed existing stakes and 44 added.
The largest buyer was Senvest Management, adding an estimated $9.3M. The largest seller was Prince Street Capital Management, exiting entirely with an estimated $16.6M sold.
- 111 institutional investors held SolarEdge (SEDG) as of Q4 2016, down from 117 in Q3 2016.
- Funds reported $306M of SolarEdge stock for Q4 2016, down 31% quarter-over-quarter.
- 23 funds opened new SolarEdge positions in Q4 2016 and 26 closed out, a net change of -3 holders.
- The largest SolarEdge buyer in Q4 2016 was Senvest Management, an estimated $9.3M added.
- The largest SolarEdge seller in Q4 2016 was Prince Street Capital Management, an estimated $16.6M sold.
Based on aggregated 13F filings for Q4 2016.