Unitil
UTL
105 hedge funds and large institutions have $215M invested in Unitil in 2014 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 42 increasing their positions, 32 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
31% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 32
11% more capital invested
Capital invested by funds: $194M → $215M (+$21.1M)
4% more funds holding
Funds holding: 101 → 105 (+4)
1.25% more ownership
Funds ownership: 45.94% → 47.2% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$1.8M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.16M |
| 3 |
IAM
Impax Asset Management
Portsmouth,
New Hampshire
|
+$1.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$968K |
| 5 |
Renaissance Technologies
New York
|
+$670K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.28M |
| 2 |
KWMG
King Wealth Management Group
Naples,
Florida
|
-$474K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$396K |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$368K |
| 5 |
AF
Aldebaran Financial
|
-$297K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
101
Prelude Capital Management
New York
| $9K | -$10.2K | -330 | -54% |
|
|
VIA
102
Vantage Investment Advisors
State College,
Pennsylvania
| $8K | +$62 | +2 | +0.9% |
|
103
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2K | +$1.55K | +50 | New |
|
|
CAW
104
Cornerstone Advisors (Washington)
Bellevue,
Washington
| $1K | +$527 | +17 | New |
|
105
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $427 | +$1.77K | +57 | +0.4% |
|
|
106
Fidelity Investments
Boston,
Massachusetts
| – | -$4.28M | -140,510 | Closed |
|
|
KWMG
107
King Wealth Management Group
Naples,
Florida
| – | -$474K | -15,551 | Closed |
|
|
AF
108
Aldebaran Financial
| – | -$297K | -9,752 | Closed |
|
|
DADC
109
D.A. Davidson & Co
Great Falls,
Montana
| – | -$59K | -1,950 | Closed |
|
110
BNP Paribas Financial Markets
Paris,
France
| – | -$5.43K | -178 | Closed |
|
|
ASN
111
Advisory Services Network
Atlanta,
Georgia
| – | -$5K | -150 | Closed |
|
UTL Hedge Fund Activity: Q1 2014 in Review
105 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Unitil (UTL) for Q1 2014, worth a combined $215M — up 11% from $194M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new UTL positions and 6 closed out — a net gain of 5 holders — while 42 added to existing stakes and 32 trimmed.
The largest buyer was Frontier Capital Management, adding an estimated $1.8M. The largest seller was Fidelity Investments, exiting entirely with an estimated $4.28M sold.
- 105 institutional investors held Unitil (UTL) as of Q1 2014, up from 101 in Q4 2013.
- Funds reported $215M of Unitil stock for Q1 2014, up 11% quarter-over-quarter.
- 11 funds opened new Unitil positions in Q1 2014 and 6 closed out, a net change of +5 holders.
- The largest Unitil buyer in Q1 2014 was Frontier Capital Management, an estimated $1.8M added.
- The largest Unitil seller in Q1 2014 was Fidelity Investments, an estimated $4.28M sold.
Based on aggregated 13F filings for Q1 2014.