Algonquin Power & Utilities Corp Units
AQNU
AQNU was delisted on the 14th of June, 2024.
36 hedge funds and large institutions have $355M invested in Algonquin Power & Utilities Corp Units in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
6% more funds holding
Funds holding: 34 → 36 (+2)
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
26% less capital invested
Capital invested by funds: $480M → $355M (-$125M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$6.5M |
| 2 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$4.04M |
| 3 |
VanEck Associates
New York
|
+$3.64M |
| 4 |
BlackRock
New York
|
+$2.39M |
| 5 |
Daiwa Securities Group
Tokyo,
Japan
|
+$2.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$8.89M |
| 2 |
ACM
Advent Capital Management
New York
|
-$7.94M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$5.19M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.16M |
| 5 |
AAI
Aequim Alternative Investments
Mill Valley,
California
|
-$2.13M |
AQNU Hedge Fund Activity: Q3 2023 in Review
36 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Algonquin Power & Utilities Corp Units (AQNU) for Q3 2023, worth a combined $355M — down 26% from $480M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new AQNU positions and 3 closed out — a net gain of 2 holders — while 12 added to existing stakes and 12 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $6.5M. The largest seller was Magnetar Financial, cutting an estimated $8.89M.
- 36 institutional investors held Algonquin Power & Utilities Corp Units (AQNU) as of Q3 2023, up from 34 in Q2 2023.
- Funds reported $355M of Algonquin Power & Utilities Corp Units stock for Q3 2023, down 26% quarter-over-quarter.
- 5 funds opened new Algonquin Power & Utilities Corp Units positions in Q3 2023 and 3 closed out, a net change of +2 holders.
- The largest Algonquin Power & Utilities Corp Units buyer in Q3 2023 was Manulife (Manufacturers Life Insurance), an estimated $6.5M added.
- The largest Algonquin Power & Utilities Corp Units seller in Q3 2023 was Magnetar Financial, an estimated $8.89M sold.
Based on aggregated 13F filings for Q3 2023.