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439 hedge funds and large institutions have $4.5B invested in UGI in 2020 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 142 increasing their positions, 150 reducing their positions, and 100 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

1.52% more ownership

Funds ownership: 79.34%80.86% (+1.5%)

5% less repeat investments, than reductions

Existing positions increased: 142 | Existing positions reduced: 150

10% less funds holding

Funds holding: 490439 (-51)

40% less capital invested

Capital invested by funds: $7.48B → $4.5B (-$2.98B)

47% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 100

61% less call options, than puts

Call options by funds: $680K | Put options by funds: $1.75M

Holders
439
Holders Change
-51
Holders Change %
-10.41%
% of All Funds
9.67%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
53
Increased
142
Reduced
150
Closed
100
Calls
$680K
Puts
$1.75M
Net Calls
-$1.07M
Net Calls Change
+$8.06M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$623M +$24.2M +639,318 +3%
BlackRock
2
BlackRock
New York
$564M -$19.2M -506,217 -2%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$442M -$171M -4,523,929 -21%
State Street
4
State Street
Massachusetts
$339M +$38.9M +1,026,777 +9%
Deutsche Bank
5
Deutsche Bank
Germany
$200M -$17.2M -455,301 -6%
First Eagle Investment Management
6
First Eagle Investment Management
New York
$196M +$110M +2,903,987 +65%
Mitsubishi UFJ Trust & Banking
7
Mitsubishi UFJ Trust & Banking
Japan
$135M +$10.1M +265,635 +6%
Invesco
8
Invesco
Georgia
$101M -$67.2M -1,773,343 -32%
TSW
9
Thompson Siegel & Walmsley
Virginia
$97.3M +$67.9M +1,791,457 +96%
SOMRS
10
State of Michigan Retirement System
Michigan
$83.2M +$40M +1,056,500 +51%
Prudential Financial
11
Prudential Financial
New Jersey
$82.8M -$27M -712,048 -19%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$75.5M +$412K +10,887 +0.4%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$69.5M +$3.39M +89,491 +4%
Diamond Hill Capital Management
14
Diamond Hill Capital Management
Ohio
$68M +$15.9M +419,514 +20%
Renaissance Technologies
15
Renaissance Technologies
New York
$63.4M +$36.5M +962,647 +68%
SCM
16
Snyder Capital Management
California
$57M +$20.2M +533,871 +33%
Northern Trust
17
Northern Trust
Illinois
$56.6M +$599K +15,804 +0.8%
First Trust Advisors
18
First Trust Advisors
Illinois
$45M +$4.33M +114,369 +7%
Norges Bank
19
Norges Bank
Norway
$37.5M +$4.12M +108,806 +8%
APG Asset Management
20
APG Asset Management
Netherlands
$33.8M -$4.56M -120,403 -9%
Charles Schwab
21
Charles Schwab
California
$32.3M -$3.9M -102,959 -8%
Millennium Management
22
Millennium Management
New York
$31.6M +$33.1M +873,374 +280%
WCM
23
Wedge Capital Management
North Carolina
$31M -$4.39M -115,869 -9%
Legal & General Group
24
Legal & General Group
United Kingdom
$30M +$2.38M +62,849 +6%
Goldman Sachs
25
Goldman Sachs
New York
$29.1M +$14.3M +378,244 +53%

UGI Hedge Fund Activity: Q1 2020 in Review

439 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in UGI (UGI) for Q1 2020, worth a combined $4.5B — down 40% from $7.48B a quarter earlier.

Sellers outnumbered buyers: 100 funds closed out of UGI and 53 opened new positions — a net loss of 47 holders — while 150 trimmed existing stakes and 142 added.

The largest buyer was First Eagle Investment Management, adding an estimated $110M. The largest seller was Wellington Management Group, cutting an estimated $171M.

  • 439 institutional investors held UGI (UGI) as of Q1 2020, down from 490 in Q4 2019.
  • Funds reported $4.5B of UGI stock for Q1 2020, down 40% quarter-over-quarter.
  • 53 funds opened new UGI positions in Q1 2020 and 100 closed out, a net change of -47 holders.
  • The largest UGI buyer in Q1 2020 was First Eagle Investment Management, an estimated $110M added.
  • The largest UGI seller in Q1 2020 was Wellington Management Group, an estimated $171M sold.

Based on aggregated 13F filings for Q1 2020.