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AZRE

Azure Power Global Limited

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 5372 (+19)

2% more capital invested

Capital invested by funds: $853M → $869M (+$16.7M)

Holders
72
Holders Change
+19
Holders Change %
+35.85%
% of All Funds
1.26%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
31
Increased
28
Reduced
9
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Caisse de Depot et Placement du Quebec (CDPQ)
1
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$570M
Invesco
2
Invesco
Georgia
$81.3M +$20.9M +584,688 +24%
Bank of America
3
Bank of America
North Carolina
$29.1M +$38.4M +1,071,947 New
Swedbank
4
Swedbank
Sweden
$20.4M +$26.9M +750,000 New
DCM
5
Driehaus Capital Management
Illinois
$19.7M +$14.8M +413,249 +133%
Morgan Stanley
6
Morgan Stanley
New York
$18.7M -$23M -642,473 -48%
Franklin Resources
7
Franklin Resources
California
$16.5M -$6.63M -185,200 -23%
First Trust Advisors
8
First Trust Advisors
Illinois
$12.1M +$15.9M +443,956 New
Renaissance Technologies
9
Renaissance Technologies
New York
$10.2M +$208K +5,800 +2%
Norges Bank
10
Norges Bank
Norway
$9.94M +$13.1M +365,700 New
ACM
11
Arosa Capital Management
Florida
$8.69M +$8.94M +249,711 +357%
State Street
12
State Street
Massachusetts
$8.62M +$1.26M +35,309 +13%
VIM
13
Vancity Investment Management
British Columbia, Canada
$8.32M +$3.72M +103,950 +51%
LOAMU
14
Lombard Odier Asset Management (USA)
New York
$6.53M +$8.6M +240,000 New
BC
15
Brookfield Corp
Ontario, Canada
$6.15M +$3.71M +103,600 +85%
JP Morgan Chase
16
JP Morgan Chase
New York
$4.13M +$5.29M +147,765 +3,708%
UOC
17
UBS O'Connor
Illinois
$3.37M +$4.43M +123,801 New
Millennium Management
18
Millennium Management
New York
$3.33M +$2.42M +67,624 +123%
Point72 Asset Management
19
Point72 Asset Management
Connecticut
$3.02M +$3.62M +101,200 +1,012%
JG
20
Jefferies Group
New York
$2.67M -$1.3M -36,306 -27%
Voloridge Investment Management
21
Voloridge Investment Management
Florida
$2.41M +$3.17M +88,648 New
NIA
22
NIA Impact Advisors
California
$2.25M +$553K +15,448 +23%
NIM
23
NXG Investment Management
Texas
$2.21M +$2.39M +66,692 +460%
UBS AM
24
UBS AM
Illinois
$2.07M +$822K +22,962 +43%
SCM
25
Shelton Capital Management
Colorado
$1.77M +$2.33M +65,000 New

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.