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443 hedge funds and large institutions have $4.3B invested in UGI in 2023 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 142 increasing their positions, 170 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more call options, than puts

Call options by funds: $55.1M | Put options by funds: $34.8M

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

9% more capital invested

Capital invested by funds: $3.95B → $4.3B (+$352M)

1.41% more ownership

Funds ownership: 81.91%83.32% (+1.4%)

7% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 61

0% more funds holding

Funds holding: 443443 (0)

16% less repeat investments, than reductions

Existing positions increased: 142 | Existing positions reduced: 170

Holders
443
Holders Change
Holders Change %
0%
% of All Funds
6.46%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
65
Increased
142
Reduced
170
Closed
61
Calls
$55.1M
Puts
$34.8M
Net Calls
+$20.3M
Net Calls Change
+$1.58M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$722M +$53.5M +2,423,245 +9%
Vanguard Group
2
Vanguard Group
Pennsylvania
$662M +$13.8M +625,128 +2%
State Street
3
State Street
Massachusetts
$257M -$637K -28,849 -0.3%
Deutsche Bank
4
Deutsche Bank
Germany
$169M +$1.83M +82,814 +1%
First Eagle Investment Management
5
First Eagle Investment Management
New York
$163M +$63.5K +2,878 +0%
SCM
6
Snyder Capital Management
California
$117M +$19.8M +897,845 +24%
Morgan Stanley
7
Morgan Stanley
New York
$114M +$41.7M +1,890,675 +69%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$101M +$77.1M +3,492,501 +572%
Mitsubishi UFJ Trust & Banking
9
Mitsubishi UFJ Trust & Banking
Japan
$91M +$17.6M +795,848 +27%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$79.6M +$2.34M +106,192 +3%
Northern Trust
11
Northern Trust
Illinois
$73.1M +$13.6M +618,321 +26%
LSV Asset Management
12
LSV Asset Management
Illinois
$71.6M -$10.9M -492,430 -14%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$67.5M +$3.05M +138,282 +5%
Federated Hermes
14
Federated Hermes
Pennsylvania
$61.6M +$2.87M +130,010 +5%
Norges Bank
15
Norges Bank
Norway
$46M -$20.5M -928,491 -33%
NIG
16
NFJ Investment Group
Texas
$46M -$1.78M -80,874 -4%
Diamond Hill Capital Management
17
Diamond Hill Capital Management
Ohio
$45.4M -$9.23M -418,364 -18%
DRZID
18
DePrince Race & Zollo Inc (DRZ)
Florida
$45.3M +$948K +42,968 +2%
ZP
19
Zimmer Partners
New York
$43.5M +$39M +1,767,901 New
Russell Investments Group
20
Russell Investments Group
United Kingdom
$41.2M +$6.12M +277,502 +20%
Charles Schwab
21
Charles Schwab
California
$39.1M +$2.34M +106,098 +7%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$37.9M +$3.91M +177,428 +13%
ProShare Advisors
23
ProShare Advisors
Maryland
$35.2M +$2.24M +101,297 +8%
Adage Capital Partners
24
Adage Capital Partners
Massachusetts
$31.4M +$12.7M +575,000 +82%
Millennium Management
25
Millennium Management
New York
$30.9M -$53.3M -2,414,041 -66%

UGI Hedge Fund Activity: Q4 2023 in Review

443 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in UGI (UGI) for Q4 2023, worth a combined $4.3B — up 8.9% from $3.95B a quarter earlier.

Buyers outnumbered sellers: 65 funds opened new UGI positions and 61 closed out — a net gain of 4 holders — while 142 added to existing stakes and 170 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $77.1M. The largest seller was Millennium Management, cutting an estimated $53.3M.

  • 443 institutional investors held UGI (UGI) as of Q4 2023, unchanged from Q3 2023.
  • Funds reported $4.3B of UGI stock for Q4 2023, up 8.9% quarter-over-quarter.
  • 65 funds opened new UGI positions in Q4 2023 and 61 closed out, a net change of +4 holders.
  • The largest UGI buyer in Q4 2023 was Fidelity Investments, an estimated $77.1M added.
  • The largest UGI seller in Q4 2023 was Millennium Management, an estimated $53.3M sold.

Based on aggregated 13F filings for Q4 2023.