UGI
445 hedge funds and large institutions have $4.26B invested in UGI in 2024 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 166 increasing their positions, 130 reducing their positions, and 60 closing their positions.
70% more call options, than puts
Call options by funds: $33.9M | Put options by funds: $20M
28% more repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 130
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
13% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 60
0% more funds holding
Funds holding: 443 → 445 (+2)
0.5% less ownership
Funds ownership: 83.32% → 82.82% (-0.5%)
1% less capital invested
Capital invested by funds: $4.3B → $4.26B (-$43.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$42.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$28.8M |
| 3 |
SCM
Snyder Capital Management
San Francisco,
California
|
+$16.4M |
| 4 |
BlackRock
New York
|
+$15.6M |
| 5 |
BC
Burney Company
Reston,
Virginia
|
+$14.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$48.9M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$46.3M |
| 3 |
Morgan Stanley
New York
|
-$42.7M |
| 4 |
FFL
Flat Footed LLC
Wilson,
Wyoming
|
-$28.6M |
| 5 |
SCM
SIR Capital Management
New York
|
-$21.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFG
501
RFP Financial Group
Atlanta,
Georgia
| – | -$221 | -9 | Closed |
|
502
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
| – | -$25 | -1 | Closed |
|
|
RS
503
Rakuten Securities
Tokyo,
Japan
| – | -$25 | -1 | Closed |
|
|
TFA
504
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$1K | -1 | Closed |
|
|
FMP
505
Financial Management Professionals
Austin,
Texas
| – | +$216 | +9 | +180% |
|
UGI Hedge Fund Activity: Q1 2024 in Review
445 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in UGI (UGI) for Q1 2024, worth a combined $4.26B — down 1% from $4.3B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new UGI positions and 60 closed out — a net gain of 8 holders — while 166 added to existing stakes and 130 trimmed.
The largest buyer was Invesco, adding an estimated $42.3M. The largest seller was First Eagle Investment Management, cutting an estimated $48.9M.
- 445 institutional investors held UGI (UGI) as of Q1 2024, up from 443 in Q4 2023.
- Funds reported $4.26B of UGI stock for Q1 2024, down 1% quarter-over-quarter.
- 68 funds opened new UGI positions in Q1 2024 and 60 closed out, a net change of +8 holders.
- The largest UGI buyer in Q1 2024 was Invesco, an estimated $42.3M added.
- The largest UGI seller in Q1 2024 was First Eagle Investment Management, an estimated $48.9M sold.
Based on aggregated 13F filings for Q1 2024.