Alternus Clean Energy Inc
ALCE
ALCE was delisted on the 11th of February, 2025.
30 hedge funds and large institutions have $86.5M invested in Alternus Clean Energy Inc in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 26 closing their positions.
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
41% less funds holding
Funds holding: 51 → 30 (-21)
63% less capital invested
Capital invested by funds: $232M → $86.5M (-$146M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
81% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$5.34M |
| 2 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$4.31M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$3.62M |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
+$3.06M |
| 5 |
Walleye Capital
New York
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
-$15.4M |
| 2 |
SCM
Saba Capital Management
New York
|
-$12.9M |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$12.1M |
| 4 |
RL
RPO LLC
Stamford,
Connecticut
|
-$11.7M |
| 5 |
SV
Starboard Value
New York
|
-$7.7M |
ALCE Hedge Fund Activity: Q2 2023 in Review
30 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Alternus Clean Energy Inc (ALCE) for Q2 2023, worth a combined $86.5M — down 63% from $232M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of ALCE and 5 opened new positions — a net loss of 21 holders — while 11 trimmed existing stakes and 7 added.
The largest buyer was Westchester Capital Management (New York), adding an estimated $5.34M. The largest seller was Linden Advisors, exiting entirely with an estimated $15.4M sold.
- 30 institutional investors held Alternus Clean Energy Inc (ALCE) as of Q2 2023, down from 51 in Q1 2023.
- Funds reported $86.5M of Alternus Clean Energy Inc stock for Q2 2023, down 63% quarter-over-quarter.
- 5 funds opened new Alternus Clean Energy Inc positions in Q2 2023 and 26 closed out, a net change of -21 holders.
- The largest Alternus Clean Energy Inc buyer in Q2 2023 was Westchester Capital Management (New York), an estimated $5.34M added.
- The largest Alternus Clean Energy Inc seller in Q2 2023 was Linden Advisors, an estimated $15.4M sold.
Based on aggregated 13F filings for Q2 2023.