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Algonquin Power & Utilities

262 hedge funds and large institutions have $2.29B invested in Algonquin Power & Utilities in 2023 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 92 increasing their positions, 92 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.69% more ownership

Funds ownership: 54.32%55.01% (+0.69%)

0% more repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 92

5% less funds holding

Funds holding: 276262 (-14)

12% less call options, than puts

Call options by funds: $15.2M | Put options by funds: $17.2M

25% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 52

27% less capital invested

Capital invested by funds: $3.13B → $2.29B (-$830M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
262
Holders Change
-14
Holders Change %
-5.07%
% of All Funds
4.16%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
39
Increased
92
Reduced
92
Closed
52
Calls
$15.2M
Puts
$17.2M
Net Calls
-$2M
Net Calls Change
+$17.4M
Name Holding Trade Value Shares
Change
Change in
Stake
SV
1
Starboard Value
New York
$346M +$183M +24,261,350 +71%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$278M -$1.06M -140,462 -0.4%
Vanguard Group
3
Vanguard Group
Pennsylvania
$152M +$3.11M +413,104 +2%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$127M +$1.63M +216,728 +1%
Norges Bank
5
Norges Bank
Norway
$87.5M +$6.11M +810,810 +6%
Toronto Dominion Bank
6
Toronto Dominion Bank
Ontario, Canada
$75M +$3.62M +481,158 +4%
EIG
7
EdgePoint Investment Group
Ontario, Canada
$72M -$18.2M -2,417,421 -17%
Fidelity International
8
Fidelity International
Bermuda
$66M +$27.7M +3,673,353 +49%
CM
9
Corvex Management
New York
$61.5M +$16.7M +2,212,400 +27%
Invesco
10
Invesco
Georgia
$58.5M +$4.64M +616,049 +7%
Bank of Nova Scotia
11
Bank of Nova Scotia
Ontario, Canada
$57.3M -$37.3M -4,949,695 -34%
TD Asset Management
12
TD Asset Management
Ontario, Canada
$54M -$2.27M -301,222 -3%
National Bank of Canada
13
National Bank of Canada
Quebec, Canada
$50.8M -$107K -14,197 -0.2%
CIBC World Market
14
CIBC World Market
Ontario, Canada
$49.7M -$7.74M -1,027,581 -11%
Legal & General Group
15
Legal & General Group
United Kingdom
$49.3M +$749K +99,374 +1%
FDCDDQ
16
Federation des caisses Desjardins du Quebec
Quebec, Canada
$37.9M +$13M +1,728,559 +37%
DKCM
17
Davidson Kempner Capital Management
New York
$33.9M +$12.6M +1,669,161 +41%
Bank of America
18
Bank of America
North Carolina
$33.4M -$136M -18,096,713 -76%
IIM
19
Intact Investment Management
Quebec, Canada
$28.7M -$239K -31,660 -0.6%
Morgan Stanley
20
Morgan Stanley
New York
$24.5M +$6.83M +906,283 +28%
First Trust Advisors
21
First Trust Advisors
Illinois
$22.6M -$10.3M -1,370,718 -26%
Fidelity Investments
22
Fidelity Investments
Massachusetts
$20.9M +$2.12M +281,699 +9%
JP Morgan Chase
23
JP Morgan Chase
New York
$20.4M +$616K +81,728 +2%
SC
24
Scotia Capital
Ontario, Canada
$20.4M -$6.91M -917,056 -21%
Geode Capital Management
25
Geode Capital Management
Massachusetts
$19.9M -$142K -18,835 -0.6%

AQN Hedge Fund Activity: Q3 2023 in Review

262 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Algonquin Power & Utilities (AQN) for Q3 2023, worth a combined $2.29B — down 27% from $3.13B a quarter earlier.

Sellers outnumbered buyers: 52 funds closed out of AQN and 39 opened new positions — a net loss of 13 holders — while 92 trimmed existing stakes and 92 added.

The largest buyer was Starboard Value, adding an estimated $183M. The largest seller was Bank of America, cutting an estimated $136M.

  • 262 institutional investors held Algonquin Power & Utilities (AQN) as of Q3 2023, down from 276 in Q2 2023.
  • Funds reported $2.29B of Algonquin Power & Utilities stock for Q3 2023, down 27% quarter-over-quarter.
  • 39 funds opened new Algonquin Power & Utilities positions in Q3 2023 and 52 closed out, a net change of -13 holders.
  • The largest Algonquin Power & Utilities buyer in Q3 2023 was Starboard Value, an estimated $183M added.
  • The largest Algonquin Power & Utilities seller in Q3 2023 was Bank of America, an estimated $136M sold.

Based on aggregated 13F filings for Q3 2023.