It was a blackout kind of day for Plug Power (PLUG), which fell about 40% after Citron Research panned the company, comparing the stock to a casino bet.
A quick look at the biggest institutional owners of this stock via FactSet Research System turns up a slew of private investors and highly quantitative hedge funds. Figures to the right mostly reflect Dec. 31 filings, so there’s no guarantee they’re up to date.
The group includes Heights Capital Management, Masters Capital Management, Renaissance Technologies, and Two Sigma Investments.
You’ve also got several private wealth managers, including Robert W. Baird & Co.’s and Evercore Wealth Management.
Also at FoF:
‘Smart Beta’: Watch Out for Bandwagoners, ‘False Alpha’ … and Yourself
