WEC Energy
1,025 hedge funds and large institutions have $21.1B invested in WEC Energy in 2023 Q2 according to their latest regulatory filings, with 90 funds opening new positions, 343 increasing their positions, 360 reducing their positions, and 76 closing their positions.
18% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 76
1% more funds holding
Funds holding: 1,015 → 1,025 (+10)
0.61% more ownership
Funds ownership: 75.23% → 75.84% (+0.61%)
5% less repeat investments, than reductions
Existing positions increased: 343 | Existing positions reduced: 360
6% less capital invested
Capital invested by funds: $22.5B → $21.1B (-$1.4B)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
52% less call options, than puts
Call options by funds: $11.7M | Put options by funds: $24.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$114M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$77.3M |
| 3 |
MAM
Magellan Asset Management
Sydney,
Australia
|
+$71.4M |
| 4 |
Millennium Management
New York
|
+$65.9M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$64.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$124M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$73.6M |
| 3 |
SI
Scout Investments
Kansas City,
Missouri
|
-$61.6M |
| 4 |
BlackRock
New York
|
-$44.4M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
-$43.2M |
WEC Hedge Fund Activity: Q2 2023 in Review
1,025 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in WEC Energy (WEC) for Q2 2023, worth a combined $21.1B — down 6.2% from $22.5B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new WEC positions and 76 closed out — a net gain of 14 holders — while 343 added to existing stakes and 360 trimmed.
The largest buyer was CIBC Private Wealth Group, adding an estimated $114M. The largest seller was JP Morgan Chase, cutting an estimated $124M.
- 1,025 institutional investors held WEC Energy (WEC) as of Q2 2023, up from 1,015 in Q1 2023.
- Funds reported $21.1B of WEC Energy stock for Q2 2023, down 6.2% quarter-over-quarter.
- 90 funds opened new WEC Energy positions in Q2 2023 and 76 closed out, a net change of +14 holders.
- The largest WEC Energy buyer in Q2 2023 was CIBC Private Wealth Group, an estimated $114M added.
- The largest WEC Energy seller in Q2 2023 was JP Morgan Chase, an estimated $124M sold.
Based on aggregated 13F filings for Q2 2023.