Azure Power Global Limited
AZRE
AZRE was delisted on the 12th of July, 2023.
22 hedge funds and large institutions have $379M invested in Azure Power Global Limited in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 7 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
10% more capital invested
Capital invested by funds: $344M → $379M (+$34.2M)
8% less funds holding
Funds holding: 24 → 22 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$10M |
| 2 |
Morgan Stanley
New York
|
+$6.19M |
| 3 |
ACM
Arosa Capital Management
Miami Beach,
Florida
|
+$2.44M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.16M |
| 5 |
JG
Jefferies Group
New York
|
+$586K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$1.22M |
| 2 |
Millennium Management
New York
|
-$338K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$268K |
| 4 |
CCI
Credit Capital Investments
Livingston,
New Jersey
|
-$203K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$134K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| – | -$25K | -2,000 | Closed |
|
27
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$16K | -1,337 | Closed |
|
|
FDCDDQ
28
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$8.81K | -700 | Closed |
|
AZRE Hedge Fund Activity: Q1 2020 in Review
22 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Azure Power Global Limited (AZRE) for Q1 2020, worth a combined $379M — up 9.9% from $344M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of AZRE and 5 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 9 added.
The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), adding an estimated $10M. The largest seller was Kayne Anderson Capital Advisors, exiting entirely with an estimated $1.22M sold.
- 22 institutional investors held Azure Power Global Limited (AZRE) as of Q1 2020, down from 24 in Q4 2019.
- Funds reported $379M of Azure Power Global Limited stock for Q1 2020, up 9.9% quarter-over-quarter.
- 5 funds opened new Azure Power Global Limited positions in Q1 2020 and 7 closed out, a net change of -2 holders.
- The largest Azure Power Global Limited buyer in Q1 2020 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $10M added.
- The largest Azure Power Global Limited seller in Q1 2020 was Kayne Anderson Capital Advisors, an estimated $1.22M sold.
Based on aggregated 13F filings for Q1 2020.