UGI Corporation
UGIC
UGIC was delisted on the 31st of May, 2024.
21 hedge funds and large institutions have $107M invested in UGI Corporation in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 5 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
16% less funds holding
Funds holding: 25 → 21 (-4)
19% less capital invested
Capital invested by funds: $133M → $107M (-$25.7M)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.76M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.45M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$2.08M |
| 4 |
BlackRock
New York
|
+$1.16M |
| 5 |
LTI
Laffer Tengler Investments
Nashville,
Tennessee
|
+$991K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.57M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$3.36M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$3.07M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.42M |
| 5 |
Jane Street
New York
|
-$1.03M |
UGIC Hedge Fund Activity: Q2 2023 in Review
21 of the 6,373 institutional investors tracked by Wall St. Rank reported a position in UGI Corporation (UGIC) for Q2 2023, worth a combined $107M — down 19% from $133M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of UGIC and 1 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 9 added.
The largest buyer was Wells Fargo, adding an estimated $3.76M. The largest seller was Morgan Stanley, cutting an estimated $4.57M.
- 21 institutional investors held UGI Corporation (UGIC) as of Q2 2023, down from 25 in Q1 2023.
- Funds reported $107M of UGI Corporation stock for Q2 2023, down 19% quarter-over-quarter.
- 1 fund opened new UGI Corporation positions in Q2 2023 and 5 closed out, a net change of -4 holders.
- The largest UGI Corporation buyer in Q2 2023 was Wells Fargo, an estimated $3.76M added.
- The largest UGI Corporation seller in Q2 2023 was Morgan Stanley, an estimated $4.57M sold.
Based on aggregated 13F filings for Q2 2023.