Southwest Gas
243 hedge funds and large institutions have $2.86B invested in Southwest Gas in 2016 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 85 increasing their positions, 92 reducing their positions, and 32 closing their positions.
10% more capital invested
Capital invested by funds: $2.6B → $2.86B (+$259M)
3% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 32
0.47% less ownership
Funds ownership: 79.2% → 78.73% (-0.47%)
8% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 92
1% less funds holding
Funds holding: 246 → 243 (-3)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scopia Capital Management
New York
|
+$91.9M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$23.6M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.9M |
| 4 |
JP Morgan Chase
New York
|
+$18M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$35.4M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$27M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$22.7M |
| 4 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$22.6M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$20.7M |
SWX Hedge Fund Activity: Q4 2016 in Review
243 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Southwest Gas (SWX) for Q4 2016, worth a combined $2.86B — up 10% from $2.6B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new SWX positions and 32 closed out — a net gain of 1 holder — while 85 added to existing stakes and 92 trimmed.
The largest buyer was Scopia Capital Management, opening a new position worth an estimated $91.9M. The largest seller was Frontier Capital Management, exiting entirely with an estimated $35.4M sold.
- 243 institutional investors held Southwest Gas (SWX) as of Q4 2016, down from 246 in Q3 2016.
- Funds reported $2.86B of Southwest Gas stock for Q4 2016, up 10% quarter-over-quarter.
- 33 funds opened new Southwest Gas positions in Q4 2016 and 32 closed out, a net change of +1 holder.
- The largest Southwest Gas buyer in Q4 2016 was Scopia Capital Management, an estimated $91.9M added.
- The largest Southwest Gas seller in Q4 2016 was Frontier Capital Management, an estimated $35.4M sold.
Based on aggregated 13F filings for Q4 2016.