Unitil
UTL
121 hedge funds and large institutions have $349M invested in Unitil in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 48 increasing their positions, 45 reducing their positions, and 10 closing their positions.
6% more capital invested
Capital invested by funds: $330M → $349M (+$18.6M)
7% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 45
0.79% more ownership
Funds ownership: 57.44% → 58.23% (+0.79%)
4% less funds holding
Funds holding: 126 → 121 (-5)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$8.13M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.95M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.02M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$1,000K |
| 5 |
IAM
Impax Asset Management
Portsmouth,
New Hampshire
|
+$839K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$1.28M |
| 2 |
MCM
Matarin Capital Management
New York
|
-$1.01M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$936K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$697K |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$652K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
| – | -$106K | -2,506 | Closed |
|
|
AIM
127
Acrospire Investment Management
Chicago,
Illinois
| – | -$87K | -2,047 | Closed |
|
|
HNB
128
Huntington National Bank
Columbus,
Ohio
| – | -$26K | -759 | Closed |
|
|
MOACM
129
Mutual of America Capital Management
New York
| – | -$21K | -500 | Closed |
|
130
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$4K | -94 | Closed |
|
|
VCM
131
Versant Capital Management
Phoenix,
Arizona
| – | +$163 | +4 | +36% |
|
UTL Hedge Fund Activity: Q2 2016 in Review
121 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Unitil (UTL) for Q2 2016, worth a combined $349M — up 5.6% from $330M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of UTL and 6 opened new positions — a net loss of 4 holders — while 45 trimmed existing stakes and 48 added.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $8.13M. The largest seller was Zacks Investment Management, exiting entirely with an estimated $1.28M sold.
- 121 institutional investors held Unitil (UTL) as of Q2 2016, down from 126 in Q1 2016.
- Funds reported $349M of Unitil stock for Q2 2016, up 5.6% quarter-over-quarter.
- 6 funds opened new Unitil positions in Q2 2016 and 10 closed out, a net change of -4 holders.
- The largest Unitil buyer in Q2 2016 was Adage Capital Partners, an estimated $8.13M added.
- The largest Unitil seller in Q2 2016 was Zacks Investment Management, an estimated $1.28M sold.
Based on aggregated 13F filings for Q2 2016.