Algonquin Power & Utilities Corp Units
AQNU
AQNU was delisted on the 14th of June, 2024.
34 hedge funds and large institutions have $480M invested in Algonquin Power & Utilities Corp Units in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 8 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
1% less capital invested
Capital invested by funds: $486M → $480M (-$6.14M)
15% less funds holding
Funds holding: 40 → 34 (-6)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$24M |
| 2 |
SM
Skaana Management
Brooklyn,
New York
|
+$12M |
| 3 |
ACM
Advent Capital Management
New York
|
+$10.5M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$8.89M |
| 5 |
BlackRock
New York
|
+$4.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$10.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.15M |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$6.07M |
| 4 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$4.99M |
| 5 |
Daiwa Securities Group
Tokyo,
Japan
|
-$4.54M |
AQNU Hedge Fund Activity: Q2 2023 in Review
34 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Algonquin Power & Utilities Corp Units (AQNU) for Q2 2023, worth a combined $480M — down 1.3% from $486M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of AQNU and 3 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 14 added.
The largest buyer was Alberta Investment Management Corp (AIMCo), opening a new position worth an estimated $24M. The largest seller was Bank of Montreal, cutting an estimated $10.5M.
- 34 institutional investors held Algonquin Power & Utilities Corp Units (AQNU) as of Q2 2023, down from 40 in Q1 2023.
- Funds reported $480M of Algonquin Power & Utilities Corp Units stock for Q2 2023, down 1.3% quarter-over-quarter.
- 3 funds opened new Algonquin Power & Utilities Corp Units positions in Q2 2023 and 8 closed out, a net change of -5 holders.
- The largest Algonquin Power & Utilities Corp Units buyer in Q2 2023 was Alberta Investment Management Corp (AIMCo), an estimated $24M added.
- The largest Algonquin Power & Utilities Corp Units seller in Q2 2023 was Bank of Montreal, an estimated $10.5M sold.
Based on aggregated 13F filings for Q2 2023.