Azure Power Global Limited
AZRE
AZRE was delisted on the 12th of July, 2023.
40 hedge funds and large institutions have $96.8M invested in Azure Power Global Limited in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 18 closing their positions.
23% less funds holding
Funds holding: 52 → 40 (-12)
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
28% less capital invested
Capital invested by funds: $134M → $96.8M (-$37.5M)
61% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 18
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $7K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Legal & General Group
London,
United Kingdom
|
+$1.64M |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$1.27M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$498K |
| 4 |
Renaissance Technologies
New York
|
+$424K |
| 5 |
CCI
Credit Capital Investments
Livingston,
New Jersey
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPIH
Broad Peak Investment Holdings
Singapore
|
-$1.03M |
| 2 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$436K |
| 3 |
Millennium Management
New York
|
-$286K |
| 4 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
-$205K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$194K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Balyasny Asset Management
Chicago,
Illinois
| – | -$50.2K | -20,150 | Closed |
|
52
Lazard Asset Management
New York
| – | -$48K | -19,649 | Closed |
|
|
NIA
53
NIA Impact Advisors
Berkeley,
California
| – | -$32.5K | -13,058 | Closed |
|
|
ECM
54
ExodusPoint Capital Management
New York
| – | -$26K | -10,267 | Closed |
|
|
BBPWM
55
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$1.25K | -500 | Closed |
|
56
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1.25K | -500 | Closed |
|
57
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$772 | -310 | Closed |
|
AZRE Hedge Fund Activity: Q2 2023 in Review
40 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Azure Power Global Limited (AZRE) for Q2 2023, worth a combined $96.8M — down 28% from $134M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of AZRE and 7 opened new positions — a net loss of 11 holders — while 12 trimmed existing stakes and 9 added.
The largest buyer was Legal & General Group, adding an estimated $1.64M. The largest seller was Broad Peak Investment Holdings, exiting entirely with an estimated $1.03M sold.
- 40 institutional investors held Azure Power Global Limited (AZRE) as of Q2 2023, down from 52 in Q1 2023.
- Funds reported $96.8M of Azure Power Global Limited stock for Q2 2023, down 28% quarter-over-quarter.
- 7 funds opened new Azure Power Global Limited positions in Q2 2023 and 18 closed out, a net change of -11 holders.
- The largest Azure Power Global Limited buyer in Q2 2023 was Legal & General Group, an estimated $1.64M added.
- The largest Azure Power Global Limited seller in Q2 2023 was Broad Peak Investment Holdings, an estimated $1.03M sold.
Based on aggregated 13F filings for Q2 2023.