South Jersey Industries, Inc.
SJIU
SJIU was delisted on the 14th of April, 2021.
27 hedge funds and large institutions have $250M invested in South Jersey Industries, Inc. in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 11 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14% less capital invested
Capital invested by funds: $291M → $250M (-$40.5M)
23% less funds holding
Funds holding: 35 → 27 (-8)
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$25.8M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
+$8.5M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$2.8M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.25M |
| 5 |
D.E. Shaw & Co
New York
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$24.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$7.96M |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
-$4.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.12M |
| 5 |
SIM
SSI Investment Management
Los Angeles,
California
|
-$2.08M |
SJIU Hedge Fund Activity: Q1 2020 in Review
27 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in South Jersey Industries, Inc. (SJIU) for Q1 2020, worth a combined $250M — down 14% from $291M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SJIU and 4 opened new positions — a net loss of 7 holders — while 5 trimmed existing stakes and 10 added.
The largest buyer was Camden Asset Management, adding an estimated $25.8M. The largest seller was Massachusetts Financial Services, exiting entirely with an estimated $24.9M sold.
- 27 institutional investors held South Jersey Industries, Inc. (SJIU) as of Q1 2020, down from 35 in Q4 2019.
- Funds reported $250M of South Jersey Industries, Inc. stock for Q1 2020, down 14% quarter-over-quarter.
- 4 funds opened new South Jersey Industries, Inc. positions in Q1 2020 and 11 closed out, a net change of -7 holders.
- The largest South Jersey Industries, Inc. buyer in Q1 2020 was Camden Asset Management, an estimated $25.8M added.
- The largest South Jersey Industries, Inc. seller in Q1 2020 was Massachusetts Financial Services, an estimated $24.9M sold.
Based on aggregated 13F filings for Q1 2020.