Azure Power Global Limited
AZRE
AZRE was delisted on the 12th of July, 2023.
52 hedge funds and large institutions have $134M invested in Azure Power Global Limited in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 10 closing their positions.
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
2% less funds holding
Funds holding: 53 → 52 (-1)
17% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 18
27% less call options, than puts
Call options by funds: $234K | Put options by funds: $322K
46% less capital invested
Capital invested by funds: $247M → $134M (-$113M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DSC
Donald Smith & Co
New York
|
+$337K |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$328K |
| 3 |
JP Morgan Chase
New York
|
+$269K |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$201K |
| 5 |
HF
HRT Financial
New York
|
+$177K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Legal & General Group
London,
United Kingdom
|
-$4.71M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$2.39M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$2.14M |
| 4 |
Swedbank
Stockholm,
Sweden
|
-$1.44M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$926K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $2 | – | – | – |
|
|
52
Swedbank
Stockholm,
Sweden
| – | -$1.44M | -333,800 | Closed |
|
53
Marshall Wace
London,
United Kingdom
| – | -$309K | -71,644 | Closed |
|
|
CANY
54
Caxton Associates (New York)
New York
| – | -$224K | -52,017 | Closed |
|
|
PP
55
PDT Partners
New York
| – | -$199K | -46,268 | Closed |
|
56
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$175K | -40,664 | Closed |
|
|
AGM
57
Alpine Global Management
New York
| – | -$66K | -15,221 | Closed |
|
|
IIM
58
InTrack Investment Management
South Burlington,
Vermont
| – | -$47.4K | -11,000 | Closed |
|
|
YDMI
59
Y.D. More Investments
Ramat Gan,
Israel
| – | -$40.6K | -9,300 | Closed |
|
60
Citadel Advisors
Miami,
Florida
| – | -$6.47K | -1,901 | Closed |
|
|
CG
61
Cutler Group
San Francisco,
California
| – | -$2.76K | -810 | -71% |
|
AZRE Hedge Fund Activity: Q1 2023 in Review
52 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Azure Power Global Limited (AZRE) for Q1 2023, worth a combined $134M — down 46% from $247M a quarter earlier.
Fund positioning in AZRE was balanced in Q1 2023: 10 funds opened new positions, 10 closed out, 15 added to existing stakes and 18 trimmed.
The largest buyer was Donald Smith & Co, adding an estimated $337K. The largest seller was Legal & General Group, cutting an estimated $4.71M.
- 52 institutional investors held Azure Power Global Limited (AZRE) as of Q1 2023, down from 53 in Q4 2022.
- Funds reported $134M of Azure Power Global Limited stock for Q1 2023, down 46% quarter-over-quarter.
- 10 funds opened new Azure Power Global Limited positions in Q1 2023 and 10 closed out, a net change of 0 holders.
- The largest Azure Power Global Limited buyer in Q1 2023 was Donald Smith & Co, an estimated $337K added.
- The largest Azure Power Global Limited seller in Q1 2023 was Legal & General Group, an estimated $4.71M sold.
Based on aggregated 13F filings for Q1 2023.