Southwest Gas
280 hedge funds and large institutions have $4.09B invested in Southwest Gas in 2023 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 127 increasing their positions, 81 reducing their positions, and 43 closing their positions.
151% more call options, than puts
Call options by funds: $5.1M | Put options by funds: $2.03M
57% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 81
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
12% more capital invested
Capital invested by funds: $3.64B → $4.09B (+$450M)
4.89% more ownership
Funds ownership: 87.69% → 92.58% (+4.9%)
5% less funds holding
Funds holding: 296 → 280 (-16)
21% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
+$249M |
| 2 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$73.2M |
| 3 |
CM
Corvex Management
New York
|
+$55.8M |
| 4 |
BlackRock
New York
|
+$27.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
ClearBridge Investments (Australia)
Sydney,
Australia
|
-$93.5M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$44.6M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$32.8M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$19.9M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$17.8M |
SWX Hedge Fund Activity: Q1 2023 in Review
280 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Southwest Gas (SWX) for Q1 2023, worth a combined $4.09B — up 12% from $3.64B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of SWX and 34 opened new positions — a net loss of 9 holders — while 81 trimmed existing stakes and 127 added.
The largest buyer was Icahn Carl, adding an estimated $249M. The largest seller was ClearBridge Investments (Australia), cutting an estimated $93.5M.
- 280 institutional investors held Southwest Gas (SWX) as of Q1 2023, down from 296 in Q4 2022.
- Funds reported $4.09B of Southwest Gas stock for Q1 2023, up 12% quarter-over-quarter.
- 34 funds opened new Southwest Gas positions in Q1 2023 and 43 closed out, a net change of -9 holders.
- The largest Southwest Gas buyer in Q1 2023 was Icahn Carl, an estimated $249M added.
- The largest Southwest Gas seller in Q1 2023 was ClearBridge Investments (Australia), an estimated $93.5M sold.
Based on aggregated 13F filings for Q1 2023.