Algonquin Power & Utilities
140 hedge funds and large institutions have $2.68B invested in Algonquin Power & Utilities in 2019 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 64 increasing their positions, 34 reducing their positions, and 12 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 34
83% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 12
17% more capital invested
Capital invested by funds: $2.29B → $2.68B (+$397M)
7% more funds holding
Funds holding: 131 → 140 (+9)
0.27% more ownership
Funds ownership: 47.93% → 48.2% (+0.27%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
39% less call options, than puts
Call options by funds: $263K | Put options by funds: $433K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$57.6M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$52.4M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$17M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$12M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$47.6M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$41.7M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$38M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$16.3M |
| 5 |
QI
QV Investors
Calgary,
Alberta, Canada
|
-$10.1M |
AQN Hedge Fund Activity: Q1 2019 in Review
140 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Algonquin Power & Utilities (AQN) for Q1 2019, worth a combined $2.68B — up 17% from $2.29B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new AQN positions and 12 closed out — a net gain of 10 holders — while 64 added to existing stakes and 34 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $57.6M. The largest seller was Canada Life, exiting entirely with an estimated $47.6M sold.
- 140 institutional investors held Algonquin Power & Utilities (AQN) as of Q1 2019, up from 131 in Q4 2018.
- Funds reported $2.68B of Algonquin Power & Utilities stock for Q1 2019, up 17% quarter-over-quarter.
- 22 funds opened new Algonquin Power & Utilities positions in Q1 2019 and 12 closed out, a net change of +10 holders.
- The largest Algonquin Power & Utilities buyer in Q1 2019 was Bank of Montreal, an estimated $57.6M added.
- The largest Algonquin Power & Utilities seller in Q1 2019 was Canada Life, an estimated $47.6M sold.
Based on aggregated 13F filings for Q1 2019.