Azure Power Global Limited
AZRE
AZRE was delisted on the 12th of July, 2023.
72 hedge funds and large institutions have $869M invested in Azure Power Global Limited in 2021 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 28 increasing their positions, 9 reducing their positions, and 12 closing their positions.
211% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 9
158% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 12
36% more funds holding
Funds holding: 53 → 72 (+19)
2% more capital invested
Capital invested by funds: $853M → $869M (+$16.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$38.4M |
| 2 |
Swedbank
Stockholm,
Sweden
|
+$26.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$20.9M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$15.9M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Handelsbanken Fonder
Stockholm,
Sweden
|
-$24.3M |
| 2 |
Morgan Stanley
New York
|
-$23M |
| 3 |
Citigroup
New York
|
-$6.77M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$6.63M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$3.07M |
AZRE Hedge Fund Activity: Q1 2021 in Review
72 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Azure Power Global Limited (AZRE) for Q1 2021, worth a combined $869M — up 2% from $853M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new AZRE positions and 12 closed out — a net gain of 19 holders — while 28 added to existing stakes and 9 trimmed.
The largest buyer was Bank of America, opening a new position worth an estimated $38.4M. The largest seller was Handelsbanken Fonder, exiting entirely with an estimated $24.3M sold.
- 72 institutional investors held Azure Power Global Limited (AZRE) as of Q1 2021, up from 53 in Q4 2020.
- Funds reported $869M of Azure Power Global Limited stock for Q1 2021, up 2% quarter-over-quarter.
- 31 funds opened new Azure Power Global Limited positions in Q1 2021 and 12 closed out, a net change of +19 holders.
- The largest Azure Power Global Limited buyer in Q1 2021 was Bank of America, an estimated $38.4M added.
- The largest Azure Power Global Limited seller in Q1 2021 was Handelsbanken Fonder, an estimated $24.3M sold.
Based on aggregated 13F filings for Q1 2021.