Azure Power Global Limited
AZRE
AZRE was delisted on the 12th of July, 2023.
64 hedge funds and large institutions have $842M invested in Azure Power Global Limited in 2021 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 18 reducing their positions, and 9 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 18
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
3% more funds holding
Funds holding: 62 → 64 (+2)
8% less capital invested
Capital invested by funds: $913M → $842M (-$71.2M)
14% less call options, than puts
Call options by funds: $277K | Put options by funds: $321K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$15.9M |
| 2 |
Swedbank
Stockholm,
Sweden
|
+$7.58M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$5.4M |
| 4 |
JG
Jefferies Group
New York
|
+$3.36M |
| 5 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$3.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$19M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$10M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$7.39M |
| 4 |
ACM
Arosa Capital Management
Miami Beach,
Florida
|
-$6.21M |
| 5 |
Morgan Stanley
New York
|
-$4.9M |
AZRE Hedge Fund Activity: Q3 2021 in Review
64 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Azure Power Global Limited (AZRE) for Q3 2021, worth a combined $842M — down 7.8% from $913M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new AZRE positions and 9 closed out — a net gain of 2 holders — while 26 added to existing stakes and 18 trimmed.
The largest buyer was Aberdeen Group, adding an estimated $15.9M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $19M sold.
- 64 institutional investors held Azure Power Global Limited (AZRE) as of Q3 2021, up from 62 in Q2 2021.
- Funds reported $842M of Azure Power Global Limited stock for Q3 2021, down 7.8% quarter-over-quarter.
- 11 funds opened new Azure Power Global Limited positions in Q3 2021 and 9 closed out, a net change of +2 holders.
- The largest Azure Power Global Limited buyer in Q3 2021 was Aberdeen Group, an estimated $15.9M added.
- The largest Azure Power Global Limited seller in Q3 2021 was Driehaus Capital Management, an estimated $19M sold.
Based on aggregated 13F filings for Q3 2021.