New Jersey Resources

NJR • NYSE

New Jersey Resources is a regulated gas company in the utilities sector on NYSE, led by Stephen D. Westhoven, with a market cap of $4.8B. As of Q3 2025, 75% of shares are held by 402 institutional investors, with BlackRock, Inc. as the largest holder at 17.64%.

CEOStephen D. Westhoven

Market Cap$4.8B

Regulated Gas

Utilities

Employees1.4K

Websitenjresources.com

Country

United States of America

Overview

Overview of institutional ownership in NJR as of Q3 2025 with a market cap of $4.8B

All Institutions

Institutions: 402
Value Held: $3.6B
Shares Held: 75.6M
Avg Position: $9.1M
Median Position: $612.1K

Hedge Funds

Hedge Funds: 41
Value Held: $156.7M
Shares Held: 3.3M
Avg Position: $3.8M
Median Position: $1.1M

Ownership Breakdown

Institutional (non-HF)

72.1%

$3.5B

Hedge Funds

3.24%

$156.7M

Retail & Other

24.66%

$1.2B

Based on market cap of $4.8B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in NJR as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
BlackRock, Inc. Institution	Laurence D. Fink CEO	$852.8M 0.02% of portfolio	17.64% 17.7M shares	≤ Q2 2013 Held for 12y 6m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$530.6M 0.01% of portfolio	10.98% 11.0M shares	≤ Q2 2013 Held for 12y 6m+	$6.69T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$239.7M 0.01% of portfolio	4.91% 4.9M shares	≤ Q2 2013 Held for 12y 6m+	$2.88T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$171.7M 0.04% of portfolio	3.55% 3.6M shares	≤ Q2 2013 Held for 12y 6m+	$466.34B
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$131.6M 0.03% of portfolio	2.72% 2.7M shares	≤ Q2 2013 Held for 12y 6m+	$488.52B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$126.1M 0.01% of portfolio	2.61% 2.6M shares	≤ Q2 2013 Held for 12y 6m+	$1.57T
N Neuberger Berman Group LLC Institution	-	$71.2M 0.05% of portfolio	1.47% 1.5M shares	Q2 2023 Held for 2y 6m	$136.94B
NORTHERN TRUST CORP Institution	Michael G. O'Grady CEO	$64.3M 0.01% of portfolio	1.33% 1.3M shares	≤ Q2 2013 Held for 12y 6m+	$782.03B
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$59.4M 0.01% of portfolio	1.23% 1.2M shares	≤ Q2 2013 Held for 12y 6m+	$620.51B
FIRST TRUST ADVISORS LP ETF Provider	James Allen Bowen CEO	$55.8M 0.04% of portfolio	1.15% 1.2M shares	≤ Q2 2013 Held for 12y 6m+	$134.15B

Net Capital Flow

Institutional buying and selling activity for NJR in Q3 2025

Traded: +$47.1M
Buyers: 215
Sellers: 170
Total Bought: +$248.0M
Total Sold: −$200.9M
Avg Position: $8.2M

Biggest Buyers

Institution	Net Bought	Current Position
ROYAL LONDON ASSET MANAGEMENT LTD Digital Asset Manager	+$38.0M +788.9K shares	$38.0M 788.9K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$29.3M +609.3K shares	$32.6M 677.4K shares
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Long Only Manager	+$13.4M +277.3K shares	$13.4M 277.3K shares
GOLDMAN SACHS GROUP INC Institution	+$13.2M +273.5K shares	$40.6M 843.2K shares
VICTORY CAPITAL MANAGEMENT INC Long Only Manager	+$11.9M +247.3K shares	$29.4M 610.2K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$10.6M +221.6K shares	$26.3M 548.7K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$9.6M +200.0K shares	$18.9M 392.3K shares
J JANE STREET GROUP, LLC Institution	+$8.2M +170.9K shares	$11.5M 237.9K shares
Energy Income Partners, LLC Long Only Manager	+$7.4M +152.9K shares	$45.8M 951.5K shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$6.3M +130.8K shares	$171.7M 3.6M shares

Biggest Sellers

Institution	Net Sold	Current Position
BlackRock, Inc. Institution	−$18.2M −378.6K shares	$852.8M 17.7M shares
C Cubist Systematic Strategies, LLC Institution	−$13.7M −285.3K shares	$3.0M 62.4K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$13.1M −271.1K shares	$2.1M 43.1K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	−$12.3M −255.3K shares	$2.8M 59.0K shares
STATE STREET CORP Institution	−$10.9M −224.3K shares	$239.7M 4.9M shares
MORGAN STANLEY RIA/Wealth	−$9.0M −187.1K shares	$51.8M 1.1M shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$8.6M −178.4K shares	$12.5M 259.1K shares
Marshall Wace LLP Institution	−$6.7M −150.2K shares	Sold Off 0 shares
N Nuveen, LLC Institution	−$6.6M −137.0K shares	$15.6M 323.8K shares
Q Qube Research & Technologies Ltd Institution	−$6.5M −134.6K shares	$28.7M 595.7K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited NJR in Q3 2025

New Positions: 27
New Value: $67.3M
Exited Positions: 40
Exited Value: $29.8M

New Positions

Institution	Position Value
ROYAL LONDON ASSET MANAGEMENT LTD Digital Asset Manager	$38.0M 788.9K shares
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Long Only Manager	$13.4M 277.3K shares
P PEREGRINE CAPITAL MANAGEMENT LLC Long Only Manager	$5.4M 112.1K shares
Castellan Group, LLC Family Office	$3.7M 76.0K shares
F Freestone Grove Partners LP Hedge Fund•Multi-Strategy	$2.1M 43.5K shares
Vista Cima Wealth Management LLC RIA/Wealth	$665.2K 13.8K shares
P Polymer Capital Management LLC Hedge Fund•Multi-Strategy	$521.2K 10.8K shares
Sequoia Financial Advisors, LLC RIA/Wealth	$516.0K 10.7K shares
SCHMEIDLER A R & CO INC RIA/Wealth	$498.0K 10.3K shares
P Polymer Capital Management LTD Hedge Fund•Multi-Strategy	$328.7K 6.8K shares

Exited Positions

Institution	Previous Position
Marshall Wace LLP Institution	$6.7M 150.2K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$5.3M 117.6K shares
LAZARD ASSET MANAGEMENT LLC Long Only Manager	$2.7M 60.9K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$2.4M 53.2K shares
Quantbot Technologies LLC Hedge Fund•Quant	$1.8M 40.4K shares
D Dynamic Technology Lab Private Ltd Institution	$1.6M 36.2K shares
Jackson Creek Investment Advisors LLC Long Only Manager	$1.3M 30.0K shares
E Entropy Technologies, LP Hedge Fund•Quant Macro	$923.2K 20.6K shares
Susquehanna Portfolio Strategies, LLC Private Equity	$912.3K 20.4K shares
Prospera Financial Services RIA/Wealth	$757.1K 16.9K shares

Options Activity

Institutions with the largest Call and Put options positions in NJR as of Q3 2025

Call Positions: 1
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with NJR as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Castellan Group, LLC Family Office	Barry Charles Brauch Managing Partner	4.20% $3.7M	0.08% 76.0K shares	Q3 2025 Held for 3 months	$87.1M
Nicholson Wealth Management Group, LLC RIA/Wealth	Adam Michael Mark President	0.99% $1.7M	0.04% 35.2K shares	Q3 2024 Held for 1y 3m	$170.7M
MATTERN CAPITAL MANAGEMENT, LLC RIA/Wealth	Perry Joseph Mattern Managing Partner	0.97% $8.3M	0.17% 172.2K shares	Q4 2019 Held for 6 years	$850.6M
Advisors Preferred, LLC Institution	Mary Catherine Ayers-Rigsby CEO	0.94% $6.4M	0.13% 133.4K shares	Q2 2025 Held for 6 months	$677.4M
Energy Income Partners, LLC Long Only Manager	James Jarvis Murchie CEO	0.88% $45.8M	0.95% 951.5K shares	Q3 2014 Held for 11y 3m	$5.2B
Bragg Financial Advisors, Inc RIA/Wealth	Benton Sellers Bragg CEO	0.87% $25.9M	0.54% 538.7K shares	≤ Q2 2013 Held for 12y 6m+	$3.0B
JOHN G ULLMAN & ASSOCIATES INC RIA/Wealth	John Guy Ullman CEO	0.78% $5.8M	0.12% 121.0K shares	Q4 2020 Held for 5 years	$743.3M
Clear Harbor Asset Management, LLC RIA/Wealth	Aaron John Kennon CEO	0.62% $8.8M	0.18% 182.6K shares	≤ Q2 2013 Held for 12y 6m+	$1.4B
Vista Cima Wealth Management LLC RIA/Wealth	Joel Michael Zerbe Managing Partner	0.55% $665.2K	0.01% 13.8K shares	Q3 2025 Held for 3 months	$120.0M
Empirical Asset Management, LLC RIA/Wealth	Glenn Andrew Caldicott CIO	0.41% $1.5M	0.03% 30.2K shares	Q4 2021 Held for 4 years	$352.0M

Hedge Fund Spotlight

Discover hedge funds investing in NJR

Schonfeld Strategic Advisors LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerRyan Andrew Tolkin

Portfolio Value: $14.3B
Positions: 1,880
Last Reported: Q3 2025

Sector Allocation

Position in New Jersey Resources

Market Value: $2.5M
Shares Held: 51.9K
Portfolio Weight: 0.02%
Owned Since: 2022-Q3

Top Holding	Sector	Market Value	Weight
1 SPDR S&P 500 ETF Trust SPY	ETF ETF	$1.3B	9.09%
2 iShares Bitcoin Trust IBIT	ETF ETF	$440.9M	3.08%
3 ETHA iShares Ethereum Trust ETHA	Unknown Unknown	$337.6M	2.36%

View full profile

New Jersey Resources

Overview

All Institutions

Hedge Funds

Ownership Breakdown

Biggest Investors

Net Capital Flow

Biggest Buyers

Biggest Sellers

Entry and Exit Activity

New Positions

Exited Positions

Options Activity

Call Positions

Put Positions

Most Committed Institutions

Hedge Fund Spotlight

Position in New Jersey Resources

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