Unitil
UTL
122 hedge funds and large institutions have $321M invested in Unitil in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 51 increasing their positions, 34 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 34
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
1% more funds holding
Funds holding: 121 → 122 (+1)
0.72% more ownership
Funds ownership: 58.23% → 58.95% (+0.72%)
8% less capital invested
Capital invested by funds: $349M → $321M (-$27.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$2.03M |
| 2 |
Millennium Management
New York
|
+$1.43M |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$1.1M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.09M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
+$953K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.55M |
| 2 |
EA
Emerald Acquisition
Seattle,
Washington
|
-$1.67M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$1.21M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.16M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$954K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
126
Tower Research Capital (TRC)
New York
| – | -$42K | -1,017 | Closed |
|
127
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -25 | Closed |
|
|
MFS
128
MSI Financial Services
Springfield,
Massachusetts
| – | +$83 | +2 | New |
|
UTL Hedge Fund Activity: Q3 2016 in Review
122 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Unitil (UTL) for Q3 2016, worth a combined $321M — down 7.9% from $349M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new UTL positions and 7 closed out — a net gain of 1 holder — while 51 added to existing stakes and 34 trimmed.
The largest buyer was Frontier Capital Management, adding an estimated $2.03M. The largest seller was Acadian Asset Management, cutting an estimated $2.55M.
- 122 institutional investors held Unitil (UTL) as of Q3 2016, up from 121 in Q2 2016.
- Funds reported $321M of Unitil stock for Q3 2016, down 7.9% quarter-over-quarter.
- 8 funds opened new Unitil positions in Q3 2016 and 7 closed out, a net change of +1 holder.
- The largest Unitil buyer in Q3 2016 was Frontier Capital Management, an estimated $2.03M added.
- The largest Unitil seller in Q3 2016 was Acadian Asset Management, an estimated $2.55M sold.
Based on aggregated 13F filings for Q3 2016.