Algonquin Power & Utilities
278 hedge funds and large institutions have $3.1B invested in Algonquin Power & Utilities in 2023 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 85 increasing their positions, 84 reducing their positions, and 53 closing their positions.
91% more call options, than puts
Call options by funds: $22.5M | Put options by funds: $11.8M
46% more capital invested
Capital invested by funds: $2.12B → $3.1B (+$977M)
34% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 53
7.3% more ownership
Funds ownership: 46.17% → 53.47% (+7.3%)
5% more funds holding
Funds holding: 265 → 278 (+13)
1% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$236M |
| 2 |
CM
Corvex Management
New York
|
+$89.5M |
| 3 |
CCPM
Cooper Creek Partners Management
New York
|
+$39.5M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$35.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$34.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$104M |
| 2 |
Two Sigma Investments
New York
|
-$32.7M |
| 3 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$24.6M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$23M |
| 5 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
-$20.3M |
AQN Hedge Fund Activity: Q1 2023 in Review
278 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Algonquin Power & Utilities (AQN) for Q1 2023, worth a combined $3.1B — up 46% from $2.12B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new AQN positions and 53 closed out — a net gain of 18 holders — while 85 added to existing stakes and 84 trimmed.
The largest buyer was EdgePoint Investment Group, opening a new position worth an estimated $236M. The largest seller was Toronto Dominion Bank, cutting an estimated $104M.
- 278 institutional investors held Algonquin Power & Utilities (AQN) as of Q1 2023, up from 265 in Q4 2022.
- Funds reported $3.1B of Algonquin Power & Utilities stock for Q1 2023, up 46% quarter-over-quarter.
- 71 funds opened new Algonquin Power & Utilities positions in Q1 2023 and 53 closed out, a net change of +18 holders.
- The largest Algonquin Power & Utilities buyer in Q1 2023 was EdgePoint Investment Group, an estimated $236M added.
- The largest Algonquin Power & Utilities seller in Q1 2023 was Toronto Dominion Bank, an estimated $104M sold.
Based on aggregated 13F filings for Q1 2023.