Algonquin Power & Utilities Corp Units
AQNU
AQNU was delisted on the 14th of June, 2024.
37 hedge funds and large institutions have $337M invested in Algonquin Power & Utilities Corp Units in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 15 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
6% more funds holding
Funds holding: 35 → 37 (+2)
5% less capital invested
Capital invested by funds: $354M → $337M (-$16.3M)
47% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$5.32M |
| 2 |
ICA
Infrastructure Capital Advisors
New York
|
+$3.94M |
| 3 |
BlackRock
New York
|
+$2.97M |
| 4 |
VanEck Associates
New York
|
+$1.85M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Skaana Management
Brooklyn,
New York
|
-$7.96M |
| 2 |
EC
Elequin Capital
New York
|
-$5.02M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$4.17M |
| 4 |
Morgan Stanley
New York
|
-$3.12M |
| 5 |
Daiwa Securities Group
Tokyo,
Japan
|
-$1.81M |
AQNU Hedge Fund Activity: Q1 2024 in Review
37 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Algonquin Power & Utilities Corp Units (AQNU) for Q1 2024, worth a combined $337M — down 4.6% from $354M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new AQNU positions and 2 closed out — a net gain of 2 holders — while 8 added to existing stakes and 15 trimmed.
The largest buyer was Bank of Nova Scotia, adding an estimated $5.32M. The largest seller was Skaana Management, cutting an estimated $7.96M.
- 37 institutional investors held Algonquin Power & Utilities Corp Units (AQNU) as of Q1 2024, up from 35 in Q4 2023.
- Funds reported $337M of Algonquin Power & Utilities Corp Units stock for Q1 2024, down 4.6% quarter-over-quarter.
- 4 funds opened new Algonquin Power & Utilities Corp Units positions in Q1 2024 and 2 closed out, a net change of +2 holders.
- The largest Algonquin Power & Utilities Corp Units buyer in Q1 2024 was Bank of Nova Scotia, an estimated $5.32M added.
- The largest Algonquin Power & Utilities Corp Units seller in Q1 2024 was Skaana Management, an estimated $7.96M sold.
Based on aggregated 13F filings for Q1 2024.