Algonquin Power & Utilities
277 hedge funds and large institutions have $3.13B invested in Algonquin Power & Utilities in 2023 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 93 increasing their positions, 88 reducing their positions, and 45 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 88
1% more capital invested
Capital invested by funds: $3.1B → $3.13B (+$29.8M)
0.84% more ownership
Funds ownership: 53.48% → 54.33% (+0.84%)
0% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 45
1% less funds holding
Funds holding: 279 → 277 (-2)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
48% less call options, than puts
Call options by funds: $21.3M | Put options by funds: $40.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Starboard Value
New York
|
+$290M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$123M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$31.3M |
| 4 |
Aviva
London,
United Kingdom
|
+$14.7M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$142M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$52.4M |
| 3 |
SC
Samlyn Capital
New York
|
-$33.3M |
| 4 |
CM
Corvex Management
New York
|
-$31.7M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$24.3M |
AQN Hedge Fund Activity: Q2 2023 in Review
277 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Algonquin Power & Utilities (AQN) for Q2 2023, worth a combined $3.13B — up 0.96% from $3.1B a quarter earlier.
Fund positioning in AQN was balanced in Q2 2023: 45 funds opened new positions, 45 closed out, 93 added to existing stakes and 88 trimmed.
The largest buyer was Starboard Value, opening a new position worth an estimated $290M. The largest seller was EdgePoint Investment Group, cutting an estimated $142M.
- 277 institutional investors held Algonquin Power & Utilities (AQN) as of Q2 2023, down from 279 in Q1 2023.
- Funds reported $3.13B of Algonquin Power & Utilities stock for Q2 2023, up 0.96% quarter-over-quarter.
- 45 funds opened new Algonquin Power & Utilities positions in Q2 2023 and 45 closed out, a net change of 0 holders.
- The largest Algonquin Power & Utilities buyer in Q2 2023 was Starboard Value, an estimated $290M added.
- The largest Algonquin Power & Utilities seller in Q2 2023 was EdgePoint Investment Group, an estimated $142M sold.
Based on aggregated 13F filings for Q2 2023.