Azure Power Global Limited
AZRE
AZRE was delisted on the 12th of July, 2023.
25 hedge funds and large institutions have $535M invested in Azure Power Global Limited in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
26% more capital invested
Capital invested by funds: $424M → $535M (+$111M)
25% more funds holding
Funds holding: 20 → 25 (+5)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$41M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$1.61M |
| 3 |
Renaissance Technologies
New York
|
+$1.19M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$509K |
| 5 |
Jane Street
New York
|
+$285K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
-$16.7M |
| 2 |
Morgan Stanley
New York
|
-$8.89M |
| 3 |
Handelsbanken Fonder
Stockholm,
Sweden
|
-$6.21M |
| 4 |
Millennium Management
New York
|
-$4.03M |
| 5 |
ACM
Arosa Capital Management
Miami Beach,
Florida
|
-$1.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Millennium Management
New York
| – | -$4.03M | -252,404 | Closed |
|
27
Cerity Partners
New York
| – | -$233K | -14,599 | Closed |
|
28
BlackRock
New York
| – | -$191K | -11,969 | Closed |
|
29
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$12K | -700 | Closed |
|
AZRE Hedge Fund Activity: Q3 2020 in Review
25 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Azure Power Global Limited (AZRE) for Q3 2020, worth a combined $535M — up 26% from $424M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new AZRE positions and 4 closed out — a net gain of 5 holders — while 5 added to existing stakes and 7 trimmed.
The largest buyer was Invesco, adding an estimated $41M. The largest seller was Jefferies Group, cutting an estimated $16.7M.
- 25 institutional investors held Azure Power Global Limited (AZRE) as of Q3 2020, up from 20 in Q2 2020.
- Funds reported $535M of Azure Power Global Limited stock for Q3 2020, up 26% quarter-over-quarter.
- 9 funds opened new Azure Power Global Limited positions in Q3 2020 and 4 closed out, a net change of +5 holders.
- The largest Azure Power Global Limited buyer in Q3 2020 was Invesco, an estimated $41M added.
- The largest Azure Power Global Limited seller in Q3 2020 was Jefferies Group, an estimated $16.7M sold.
Based on aggregated 13F filings for Q3 2020.