Algonquin Power & Utilities
81 hedge funds and large institutions have $1.53B invested in Algonquin Power & Utilities in 2017 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 41 increasing their positions, 16 reducing their positions, and 8 closing their positions.
156% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 16
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
50% more capital invested
Capital invested by funds: $1.02B → $1.53B (+$511M)
11% more funds holding
Funds holding: 73 → 81 (+8)
0.94% less ownership
Funds ownership: 42.66% → 41.72% (-0.94%)
46% less call options, than puts
Call options by funds: $117K | Put options by funds: $217K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$74.6M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$51M |
| 3 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$46.5M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$35.3M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$27.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$18.4M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$12.9M |
| 3 |
Renaissance Technologies
New York
|
-$8.23M |
| 4 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
-$5.68M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.56M |
AQN Hedge Fund Activity: Q1 2017 in Review
81 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Algonquin Power & Utilities (AQN) for Q1 2017, worth a combined $1.53B — up 50% from $1.02B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new AQN positions and 8 closed out — a net gain of 8 holders — while 41 added to existing stakes and 16 trimmed.
The largest buyer was TD Asset Management, opening a new position worth an estimated $74.6M. The largest seller was Royal Bank of Canada, cutting an estimated $18.4M.
- 81 institutional investors held Algonquin Power & Utilities (AQN) as of Q1 2017, up from 73 in Q4 2016.
- Funds reported $1.53B of Algonquin Power & Utilities stock for Q1 2017, up 50% quarter-over-quarter.
- 16 funds opened new Algonquin Power & Utilities positions in Q1 2017 and 8 closed out, a net change of +8 holders.
- The largest Algonquin Power & Utilities buyer in Q1 2017 was TD Asset Management, an estimated $74.6M added.
- The largest Algonquin Power & Utilities seller in Q1 2017 was Royal Bank of Canada, an estimated $18.4M sold.
Based on aggregated 13F filings for Q1 2017.