Algonquin Power & Utilities
254 hedge funds and large institutions have $2.38B invested in Algonquin Power & Utilities in 2023 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 91 increasing their positions, 87 reducing their positions, and 54 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 87
4% more capital invested
Capital invested by funds: $2.3B → $2.38B (+$87.2M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.48% less ownership
Funds ownership: 55.02% → 54.54% (-0.48%)
3% less funds holding
Funds holding: 263 → 254 (-9)
11% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 54
71% less call options, than puts
Call options by funds: $5.62M | Put options by funds: $19.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$80.2M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$61.6M |
| 3 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
+$24.4M |
| 4 |
PCM
Philosophy Capital Management
Alamo,
California
|
+$22M |
| 5 |
SV
Starboard Value
New York
|
+$21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$90.9M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$60.2M |
| 3 |
CM
Corvex Management
New York
|
-$54.7M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$21.7M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$12.3M |
AQN Hedge Fund Activity: Q4 2023 in Review
254 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Algonquin Power & Utilities (AQN) for Q4 2023, worth a combined $2.38B — up 3.8% from $2.3B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of AQN and 48 opened new positions — a net loss of 6 holders — while 87 trimmed existing stakes and 91 added.
The largest buyer was Goldman Sachs, adding an estimated $80.2M. The largest seller was Bank of Montreal, cutting an estimated $90.9M.
- 254 institutional investors held Algonquin Power & Utilities (AQN) as of Q4 2023, down from 263 in Q3 2023.
- Funds reported $2.38B of Algonquin Power & Utilities stock for Q4 2023, up 3.8% quarter-over-quarter.
- 48 funds opened new Algonquin Power & Utilities positions in Q4 2023 and 54 closed out, a net change of -6 holders.
- The largest Algonquin Power & Utilities buyer in Q4 2023 was Goldman Sachs, an estimated $80.2M added.
- The largest Algonquin Power & Utilities seller in Q4 2023 was Bank of Montreal, an estimated $90.9M sold.
Based on aggregated 13F filings for Q4 2023.