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Algonquin Power & Utilities

112 hedge funds and large institutions have $2.27B invested in Algonquin Power & Utilities in 2018 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 42 increasing their positions, 33 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 8

97% more call options, than puts

Call options by funds: $368K | Put options by funds: $187K

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

27% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 33

13% more capital invested

Capital invested by funds: $2B → $2.27B (+$265M)

11% more funds holding

Funds holding: 101112 (+11)

2.95% more ownership

Funds ownership: 43.15%46.1% (+2.9%)

Holders
112
Holders Change
+11
Holders Change %
+10.89%
% of All Funds
2.56%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.09%
New
20
Increased
42
Reduced
33
Closed
8
Calls
$368K
Puts
$187K
Net Calls
+$181K
Net Calls Change
-$1.39M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of Montreal
1
Bank of Montreal
Ontario, Canada
$345M +$59.3M +5,869,705 +21%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$285M -$15.7M -1,553,644 -5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$120M +$16.5M +1,634,962 +16%
Manulife (Manufacturers Life Insurance)
4
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$107M -$16.7M -1,658,264 -14%
Connor, Clark & Lunn Investment Management (CC&L)
5
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$100M +$9.83M +973,106 +11%
TD Asset Management
6
TD Asset Management
Ontario, Canada
$97.7M +$916K +90,676 +1%
MBI
7
Montrusco Bolton Investments
Quebec, Canada
$83M -$330K -32,671 -0.4%
IIM
8
Intact Investment Management
Quebec, Canada
$82.3M -$6.66M -659,100 -10%
Toronto Dominion Bank
9
Toronto Dominion Bank
Ontario, Canada
$75.2M +$2.53M +250,161 +4%
PAMU
10
Pictet Asset Management (UK)
United Kingdom
$72M +$70.3M +6,964,593 New
SC
11
Scotia Capital
Ontario, Canada
$61.8M -$4.79M -474,530 -7%
Invesco
12
Invesco
Georgia
$61.4M -$4.16M -411,494 -6%
CIBC World Market
13
CIBC World Market
Ontario, Canada
$58.4M +$7.82M +774,458 +16%
QI
14
QV Investors
Alberta, Canada
$51.7M -$90.8K -8,990 -0.2%
Canada Life
15
Canada Life
Manitoba, Canada
$48.9M -$3.73M -369,723 -7%
GCC
16
Guardian Capital (Canada)
Ontario, Canada
$47.4M -$2.16M -213,760 -4%
FDCDDQ
17
Federation des caisses Desjardins du Quebec
Quebec, Canada
$45.1M +$58.4K +5,779 +0.1%
Bank of America
18
Bank of America
North Carolina
$40.2M -$11.3M -1,115,933 -22%
Bank of Nova Scotia
19
Bank of Nova Scotia
Ontario, Canada
$34.9M +$247K +24,476 +0.7%
Canada Pension Plan Investment Board
20
Canada Pension Plan Investment Board
Ontario, Canada
$33.8M +$31.3M +3,094,000 +1,792%
Mackenzie Financial
21
Mackenzie Financial
Ontario, Canada
$30.7M +$7.48M +740,661 +33%
HAM
22
Highstreet Asset Management
Ontario, Canada
$30.3M +$1.1M +109,001 +4%
Citigroup
23
Citigroup
New York
$29.3M -$9.79M -969,207 -26%
Norges Bank
24
Norges Bank
Norway
$25.1M +$3.88M +383,851 +19%
CCM
25
Copeland Capital Management
Pennsylvania
$24.7M -$2.4M -237,506 -9%

AQN Hedge Fund Activity: Q3 2018 in Review

112 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Algonquin Power & Utilities (AQN) for Q3 2018, worth a combined $2.27B — up 13% from $2B a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new AQN positions and 8 closed out — a net gain of 12 holders — while 42 added to existing stakes and 33 trimmed.

The largest buyer was Pictet Asset Management (UK), opening a new position worth an estimated $70.3M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $16.7M.

  • 112 institutional investors held Algonquin Power & Utilities (AQN) as of Q3 2018, up from 101 in Q2 2018.
  • Funds reported $2.27B of Algonquin Power & Utilities stock for Q3 2018, up 13% quarter-over-quarter.
  • 20 funds opened new Algonquin Power & Utilities positions in Q3 2018 and 8 closed out, a net change of +12 holders.
  • The largest Algonquin Power & Utilities buyer in Q3 2018 was Pictet Asset Management (UK), an estimated $70.3M added.
  • The largest Algonquin Power & Utilities seller in Q3 2018 was Manulife (Manufacturers Life Insurance), an estimated $16.7M sold.

Based on aggregated 13F filings for Q3 2018.