MFFAIS.com featured their Quarterly Electric-Generation Industry Rundown. Mffais.com compiles the statistics from recent SEC filings by mutual funds and institutions to determine the positions taken and confidence in stocks by professional mutual fund managers and institutional investors.
Highlights included:
* Aes Corp The (AES) leads industry in number of funds buying shares 60.93% of industry buys
* Maxim Power Corp (MXGFF) had the highest overall confidence score (relation of funds buying versus fund selling)
* Drax Group Plc (DRX.L) had second highest number of funds buying shares 11.09% of industry buys
* Tractebel Energia Sa (TBLEY) had the second highest overall confidence score (relation of funds buying versus fund selling)
* The top 30 moves by funds in the industry by value of trade shows:
a) 66.66% buys versus 33.33% sells
b) Drax Group Plc (DRX.L) buys were 40.00% of all activity, 60.00% of number of buys and 58.56% of value of buy trades
c) Aes Corp The (AES) buys were 10.00% of all activity, 15.00% of number of buys and 19.12% of value of buy trades
* When institutions own multiple industry stocks, the most bought industry stock was Aes Corp The (AES)
* When institutions own multiple industry stocks, the most sold industry stock was Aes Corp The (AES)
