Southwest Gas
246 hedge funds and large institutions have $2.6B invested in Southwest Gas in 2016 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 83 increasing their positions, 90 reducing their positions, and 27 closing their positions.
15% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 27
2% more funds holding
Funds holding: 242 → 246 (+4)
8% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 90
4.9% less ownership
Funds ownership: 84.09% → 79.2% (-4.9%)
17% less capital invested
Capital invested by funds: $3.14B → $2.6B (-$537M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$24.6M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$22.4M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$13.7M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$12M |
| 5 |
Millennium Management
New York
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$100M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$92.8M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$41.1M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$18.2M |
| 5 |
AP
AHL Partners
London,
United Kingdom
|
-$12.6M |
SWX Hedge Fund Activity: Q3 2016 in Review
246 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Southwest Gas (SWX) for Q3 2016, worth a combined $2.6B — down 17% from $3.14B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SWX positions and 27 closed out — a net gain of 4 holders — while 83 added to existing stakes and 90 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $24.6M. The largest seller was Macquarie Group, cutting an estimated $100M.
- 246 institutional investors held Southwest Gas (SWX) as of Q3 2016, up from 242 in Q2 2016.
- Funds reported $2.6B of Southwest Gas stock for Q3 2016, down 17% quarter-over-quarter.
- 31 funds opened new Southwest Gas positions in Q3 2016 and 27 closed out, a net change of +4 holders.
- The largest Southwest Gas buyer in Q3 2016 was Goldman Sachs, an estimated $24.6M added.
- The largest Southwest Gas seller in Q3 2016 was Macquarie Group, an estimated $100M sold.
Based on aggregated 13F filings for Q3 2016.