Unitil
UTL
101 hedge funds and large institutions have $194M invested in Unitil in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 39 increasing their positions, 31 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
26% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 31
4% more funds holding
Funds holding: 97 → 101 (+4)
2% more capital invested
Capital invested by funds: $190M → $194M (+$3.63M)
1.11% less ownership
Funds ownership: 47.05% → 45.94% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$11.5M |
| 2 |
IAM
Impax Asset Management
Portsmouth,
New Hampshire
|
+$1.04M |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$922K |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$613K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$610K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
-$13.6M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$5.85M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$840K |
| 4 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$821K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$582K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BPBT
101
Boston Private Bank & Trust
Boston,
Massachusetts
| $1K | – | – | – |
|
102
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $395 | +$34.1K | +1,131 | +10% |
|
|
N
103
Nuveen
Charlotte,
North Carolina
| – | -$13.6M | -464,080 | Closed |
|
|
FCH
104
Freestone Capital Holdings
Seattle,
Washington
| – | -$330K | -12,128 | Closed |
|
105
ProShare Advisors
Bethesda,
Maryland
| – | -$257K | -8,774 | Closed |
|
106
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$242K | -8,268 | Closed |
|
|
VCM
107
Vigilant Capital Management
Portland,
Maine
| – | -$29K | -1,000 | Closed |
|
UTL Hedge Fund Activity: Q4 2013 in Review
101 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Unitil (UTL) for Q4 2013, worth a combined $194M — up 1.9% from $190M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new UTL positions and 6 closed out — a net gain of 5 holders — while 39 added to existing stakes and 31 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $11.5M. The largest seller was Nuveen, exiting entirely with an estimated $13.6M sold.
- 101 institutional investors held Unitil (UTL) as of Q4 2013, up from 97 in Q3 2013.
- Funds reported $194M of Unitil stock for Q4 2013, up 1.9% quarter-over-quarter.
- 11 funds opened new Unitil positions in Q4 2013 and 6 closed out, a net change of +5 holders.
- The largest Unitil buyer in Q4 2013 was DePrince Race & Zollo Inc (DRZ), an estimated $11.5M added.
- The largest Unitil seller in Q4 2013 was Nuveen, an estimated $13.6M sold.
Based on aggregated 13F filings for Q4 2013.