Southwest Gas
271 hedge funds and large institutions have $4.2B invested in Southwest Gas in 2023 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 106 increasing their positions, 97 reducing their positions, and 41 closing their positions.
76% more call options, than puts
Call options by funds: $4.04M | Put options by funds: $2.3M
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
9% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 97
3% more capital invested
Capital invested by funds: $4.09B → $4.2B (+$106M)
0.13% less ownership
Funds ownership: 92.58% → 92.45% (-0.13%)
3% less funds holding
Funds holding: 280 → 271 (-9)
22% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Corvex Management
New York
|
+$67.8M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$52M |
| 3 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
+$19.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$15.9M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$71.2M |
| 2 |
CIA
ClearBridge Investments (Australia)
Sydney,
Australia
|
-$46.8M |
| 3 |
BlackRock
New York
|
-$25.9M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$12.1M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$12.1M |
SWX Hedge Fund Activity: Q2 2023 in Review
271 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Southwest Gas (SWX) for Q2 2023, worth a combined $4.2B — up 2.6% from $4.09B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of SWX and 32 opened new positions — a net loss of 9 holders — while 97 trimmed existing stakes and 106 added.
The largest buyer was Corvex Management, adding an estimated $67.8M. The largest seller was AllianceBernstein, cutting an estimated $71.2M.
- 271 institutional investors held Southwest Gas (SWX) as of Q2 2023, down from 280 in Q1 2023.
- Funds reported $4.2B of Southwest Gas stock for Q2 2023, up 2.6% quarter-over-quarter.
- 32 funds opened new Southwest Gas positions in Q2 2023 and 41 closed out, a net change of -9 holders.
- The largest Southwest Gas buyer in Q2 2023 was Corvex Management, an estimated $67.8M added.
- The largest Southwest Gas seller in Q2 2023 was AllianceBernstein, an estimated $71.2M sold.
Based on aggregated 13F filings for Q2 2023.