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Algonquin Power & Utilities

157 hedge funds and large institutions have $3.25B invested in Algonquin Power & Utilities in 2019 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 54 increasing their positions, 67 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 9

50% more funds holding in top 10

Funds holding in top 10: 46 (+2)

34% more call options, than puts

Call options by funds: $252K | Put options by funds: $188K

12% more capital invested

Capital invested by funds: $2.9B → $3.25B (+$353M)

6% more funds holding

Funds holding: 148157 (+9)

2.45% less ownership

Funds ownership: 50.13%47.68% (-2.5%)

19% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 67

Holders
157
Holders Change
+9
Holders Change %
+6.08%
% of All Funds
3.44%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.13%
New
18
Increased
54
Reduced
67
Closed
9
Calls
$252K
Puts
$188K
Net Calls
+$64K
Net Calls Change
+$154K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of Montreal
1
Bank of Montreal
Ontario, Canada
$545M -$2.04M -158,198 -0.4%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$360M +$297K +22,991 +0.1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$188M +$2.3M +177,830 +1%
GQG Partners
4
GQG Partners
Florida
$126M +$654K +50,639 +0.6%
Toronto Dominion Bank
5
Toronto Dominion Bank
Ontario, Canada
$125M -$129M -10,018,209 -52%
TD Asset Management
6
TD Asset Management
Ontario, Canada
$115M -$37.1M -2,870,756 -25%
Connor, Clark & Lunn Investment Management (CC&L)
7
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$113M +$5.59M +433,086 +6%
PAMU
8
Pictet Asset Management (UK)
United Kingdom
$113M +$4.76M +368,719 +5%
IIM
9
Intact Investment Management
Quebec, Canada
$101M +$1.26M +97,400 +2%
CIBC World Market
10
CIBC World Market
Ontario, Canada
$84.2M -$2.43M -188,117 -3%
Invesco
11
Invesco
Georgia
$81.3M -$4.55M -351,956 -6%
CS
12
Credit Suisse
Switzerland
$80M -$2.8M -216,474 -4%
Bank of Nova Scotia
13
Bank of Nova Scotia
Ontario, Canada
$76.1M +$10.9M +847,750 +18%
Morgan Stanley
14
Morgan Stanley
New York
$75.8M +$54.6M +4,229,420 +324%
SC
15
Scotia Capital
Ontario, Canada
$63.4M -$2.22M -172,157 -4%
Canada Life
16
Canada Life
Manitoba, Canada
$58.1M -$748K -57,884 -1%
FDCDDQ
17
Federation des caisses Desjardins du Quebec
Quebec, Canada
$49M -$3.63M -281,122 -7%
QI
18
QV Investors
Alberta, Canada
$46.3M -$1.81M -139,830 -5%
Russell Investments Group
19
Russell Investments Group
United Kingdom
$46.2M -$4.47M -346,389 -9%
CCM
20
Copeland Capital Management
Pennsylvania
$44.8M +$1.06M +81,825 +3%
CAM
21
Cidel Asset Management
Ontario, Canada
$44.6M -$271K -21,006 -0.6%
Norges Bank
22
Norges Bank
Norway
$43M -$1.78M -138,093 -4%
Citigroup
23
Citigroup
New York
$39.4M -$8.91M -689,767 -19%
GCC
24
Guardian Capital (Canada)
Ontario, Canada
$36.5M -$7M -542,089 -17%
Mackenzie Financial
25
Mackenzie Financial
Ontario, Canada
$35.6M -$2.05M -159,023 -6%

AQN Hedge Fund Activity: Q3 2019 in Review

157 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Algonquin Power & Utilities (AQN) for Q3 2019, worth a combined $3.25B — up 12% from $2.9B a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new AQN positions and 9 closed out — a net gain of 9 holders — while 54 added to existing stakes and 67 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $54.6M. The largest seller was Toronto Dominion Bank, cutting an estimated $129M.

  • 157 institutional investors held Algonquin Power & Utilities (AQN) as of Q3 2019, up from 148 in Q2 2019.
  • Funds reported $3.25B of Algonquin Power & Utilities stock for Q3 2019, up 12% quarter-over-quarter.
  • 18 funds opened new Algonquin Power & Utilities positions in Q3 2019 and 9 closed out, a net change of +9 holders.
  • The largest Algonquin Power & Utilities buyer in Q3 2019 was Morgan Stanley, an estimated $54.6M added.
  • The largest Algonquin Power & Utilities seller in Q3 2019 was Toronto Dominion Bank, an estimated $129M sold.

Based on aggregated 13F filings for Q3 2019.