Unitil
UTL
139 hedge funds and large institutions have $467M invested in Unitil in 2020 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 43 increasing their positions, 53 reducing their positions, and 23 closing their positions.
14% more capital invested
Capital invested by funds: $408M → $467M (+$59M)
0% more ownership
Funds ownership: 70.16% → 70.16% (+0%)
5% less funds holding
Funds holding: 146 → 139 (-7)
19% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 53
30% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$37.8M |
| 2 |
Millennium Management
New York
|
+$3.89M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$2.6M |
| 4 |
BlackRock
New York
|
+$1.47M |
| 5 |
Bank of New York Mellon
New York
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$11.4M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$7.63M |
| 3 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$6.2M |
| 4 |
Impax Asset Management Group
London,
United Kingdom
|
-$4.52M |
| 5 |
Renaissance Technologies
New York
|
-$3.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
151
Ancora Advisors
Cleveland,
Ohio
| – | -$287K | -7,440 | Closed |
|
152
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$242K | -6,265 | Closed |
|
|
FHA
153
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$129K | -3,357 | Closed |
|
|
MPWT
154
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$111K | -2,879 | Closed |
|
|
AL
155
AJO LP
Philadelphia,
Pennsylvania
| – | -$39K | -1,024 | Closed |
|
|
EI
156
Ellevest Inc
New York
| – | -$12K | -311 | Closed |
|
|
NNP
157
Nachman Norwood & Parrott
Greenville,
South Carolina
| – | -$7K | -192 | Closed |
|
|
GT
158
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$4K | -116 | Closed |
|
|
APA
159
American Portfolios Advisors
Holbrook,
New York
| – | -$1.85K | -48 | Closed |
|
|
LWA
160
Lenox Wealth Advisors
New York
| – | -$2K | -39 | Closed |
|
161
Rockefeller Capital Management
New York
| – | +$838 | +21 | New |
|
UTL Hedge Fund Activity: Q4 2020 in Review
139 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Unitil (UTL) for Q4 2020, worth a combined $467M — up 14% from $408M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of UTL and 16 opened new positions — a net loss of 7 holders — while 53 trimmed existing stakes and 43 added.
The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), opening a new position worth an estimated $37.8M. The largest seller was Principal Financial Group, cutting an estimated $11.4M.
- 139 institutional investors held Unitil (UTL) as of Q4 2020, down from 146 in Q3 2020.
- Funds reported $467M of Unitil stock for Q4 2020, up 14% quarter-over-quarter.
- 16 funds opened new Unitil positions in Q4 2020 and 23 closed out, a net change of -7 holders.
- The largest Unitil buyer in Q4 2020 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $37.8M added.
- The largest Unitil seller in Q4 2020 was Principal Financial Group, an estimated $11.4M sold.
Based on aggregated 13F filings for Q4 2020.