Southwest Gas
279 hedge funds and large institutions have $4.23B invested in Southwest Gas in 2023 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 84 increasing their positions, 109 reducing their positions, and 38 closing their positions.
157% more call options, than puts
Call options by funds: $3.3M | Put options by funds: $1.29M
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
13% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 38
7% more capital invested
Capital invested by funds: $3.95B → $4.23B (+$281M)
1.97% more ownership
Funds ownership: 91.4% → 93.37% (+2%)
0% more funds holding
Funds holding: 278 → 279 (+1)
23% less repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 109
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Corvex Management
New York
|
+$80.4M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
+$67.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$37.6M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$12.5M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$35.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$13.8M |
| 3 |
CWM
CIBC World Markets
New York
|
-$13.6M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$10.5M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$10.2M |
SWX Hedge Fund Activity: Q4 2023 in Review
279 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Southwest Gas (SWX) for Q4 2023, worth a combined $4.23B — up 7.1% from $3.95B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new SWX positions and 38 closed out — a net gain of 5 holders — while 84 added to existing stakes and 109 trimmed.
The largest buyer was Corvex Management, adding an estimated $80.4M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $35.2M.
- 279 institutional investors held Southwest Gas (SWX) as of Q4 2023, up from 278 in Q3 2023.
- Funds reported $4.23B of Southwest Gas stock for Q4 2023, up 7.1% quarter-over-quarter.
- 43 funds opened new Southwest Gas positions in Q4 2023 and 38 closed out, a net change of +5 holders.
- The largest Southwest Gas buyer in Q4 2023 was Corvex Management, an estimated $80.4M added.
- The largest Southwest Gas seller in Q4 2023 was T. Rowe Price Investment Management, an estimated $35.2M sold.
Based on aggregated 13F filings for Q4 2023.