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Institutional investors are large organizations, like banks, pension funds, labor unions, and insurance companies, that make big investments in individual stocks. They are an important investor for any publicly traded company, including drillers in the Marcellus/Utica. During 4Q20 the biggest drillers in the M-U saw a decrease in investments by the big institutions. That is all M-U drillers except for EQT, which saw a big increase from institutional investors.
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