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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.

New
Increased
Maintained
Reduced
Closed

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: 265278 (+13)

1% more repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 84

Holders
278
Holders Change
+13
Holders Change %
+4.91%
% of All Funds
4.43%
Holding in Top 10
5
Holding in Top 10 Change
+5
Holding in Top 10 Change %
% of All Funds
0.08%
New
71
Increased
85
Reduced
84
Closed
53
Calls
$22.5M
Puts
$11.8M
Net Calls
+$10.7M
Net Calls Change
+$4.18M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of Montreal
1
Bank of Montreal
Ontario, Canada
$356M +$27.5M +3,649,077 +10%
EIG
2
EdgePoint Investment Group
Ontario, Canada
$263M +$236M +31,340,696 New
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$231M +$35.4M +4,701,816 +21%
Vanguard Group
4
Vanguard Group
Pennsylvania
$208M +$3.67M +487,585 +2%
Toronto Dominion Bank
5
Toronto Dominion Bank
Ontario, Canada
$136M -$104M -13,843,345 -49%
Bank of Nova Scotia
6
Bank of Nova Scotia
Ontario, Canada
$120M +$1.02M +134,925 +0.9%
Norges Bank
7
Norges Bank
Norway
$119M -$17M -2,254,795 -14%
CM
8
Corvex Management
New York
$99.9M +$89.5M +11,898,567 New
TD Asset Management
9
TD Asset Management
Ontario, Canada
$88.2M -$18.8M -2,500,322 -19%
Invesco
10
Invesco
Georgia
$80.4M +$6.19M +822,615 +9%
CIBC World Market
11
CIBC World Market
Ontario, Canada
$79.3M +$2.74M +363,923 +4%
Bank of America
12
Bank of America
North Carolina
$77.4M +$34.7M +4,608,458 +100%
National Bank of Canada
13
National Bank of Canada
Quebec, Canada
$74.8M +$2.27M +302,306 +4%
Legal & General Group
14
Legal & General Group
United Kingdom
$66.3M -$5.77M -766,251 -9%
SC
15
Scotia Capital
Ontario, Canada
$46.9M -$1.44M -191,209 -3%
Morgan Stanley
16
Morgan Stanley
New York
$46.7M +$368K +48,903 +0.9%
CCPM
17
Cooper Creek Partners Management
New York
$44.1M +$39.5M +5,255,414 New
IIM
18
Intact Investment Management
Quebec, Canada
$43.7M +$8.84M +1,175,310 +29%
First Trust Advisors
19
First Trust Advisors
Illinois
$42.4M +$14.3M +1,903,322 +61%
FDCDDQ
20
Federation des caisses Desjardins du Quebec
Quebec, Canada
$40.6M -$5.34M -709,978 -13%
OCAM
21
Onex Canada Asset Management
Ontario, Canada
$39.1M +$5.13M +681,935 +17%
DKCM
22
Davidson Kempner Capital Management
New York
$33.6M +$30.1M +4,004,504 New
DKP
23
Davidson Kempner Partners
New York
$33.6M +$30.1M +4,004,504 New
SC
24
Samlyn Capital
New York
$33.3M +$29.8M +3,964,392 New
Fidelity International
25
Fidelity International
Bermuda
$31.8M -$7.14M -948,617 -20%

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.