Southwest Gas
278 hedge funds and large institutions have $3.95B invested in Southwest Gas in 2023 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 76 increasing their positions, 121 reducing their positions, and 20 closing their positions.
50% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 20
3% more funds holding
Funds holding: 271 → 278 (+7)
1.05% less ownership
Funds ownership: 92.45% → 91.4% (-1.1%)
6% less capital invested
Capital invested by funds: $4.2B → $3.95B (-$249M)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
37% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 121
50% less call options, than puts
Call options by funds: $3.3M | Put options by funds: $6.58M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Corvex Management
New York
|
+$87.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$41.9M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$12.8M |
| 4 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
+$11.4M |
| 5 |
CCM
Carronade Capital Management
Darien,
Connecticut
|
+$9.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$61.5M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$33.7M |
| 3 |
BlackRock
New York
|
-$25M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$16.5M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
-$15.9M |
SWX Hedge Fund Activity: Q3 2023 in Review
278 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Southwest Gas (SWX) for Q3 2023, worth a combined $3.95B — down 5.9% from $4.2B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new SWX positions and 20 closed out — a net gain of 10 holders — while 76 added to existing stakes and 121 trimmed.
The largest buyer was Corvex Management, adding an estimated $87.5M. The largest seller was Nomura Holdings, cutting an estimated $61.5M.
- 278 institutional investors held Southwest Gas (SWX) as of Q3 2023, up from 271 in Q2 2023.
- Funds reported $3.95B of Southwest Gas stock for Q3 2023, down 5.9% quarter-over-quarter.
- 30 funds opened new Southwest Gas positions in Q3 2023 and 20 closed out, a net change of +10 holders.
- The largest Southwest Gas buyer in Q3 2023 was Corvex Management, an estimated $87.5M added.
- The largest Southwest Gas seller in Q3 2023 was Nomura Holdings, an estimated $61.5M sold.
Based on aggregated 13F filings for Q3 2023.