Azure Power Global Limited
AZRE
AZRE was delisted on the 12th of July, 2023.
70 hedge funds and large institutions have $1.27B invested in Azure Power Global Limited in 2022 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 21 reducing their positions, and 12 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 21
30% more capital invested
Capital invested by funds: $971M → $1.27B (+$295M)
3% less funds holding
Funds holding: 72 → 70 (-2)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
99% less call options, than puts
Call options by funds: $2K | Put options by funds: $225K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$165M |
| 2 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$73.1M |
| 3 |
Swedbank
Stockholm,
Sweden
|
+$12.3M |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$9.03M |
| 5 |
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
|
+$4.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$4.01M |
| 2 |
Handelsbanken Fonder
Stockholm,
Sweden
|
-$2.81M |
| 3 |
Millennium Management
New York
|
-$2.44M |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
-$1.63M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$1.56M |
AZRE Hedge Fund Activity: Q1 2022 in Review
70 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Azure Power Global Limited (AZRE) for Q1 2022, worth a combined $1.27B — up 30% from $971M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of AZRE and 10 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 28 added.
The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), adding an estimated $165M. The largest seller was UBS O'Connor, exiting entirely with an estimated $4.01M sold.
- 70 institutional investors held Azure Power Global Limited (AZRE) as of Q1 2022, down from 72 in Q4 2021.
- Funds reported $1.27B of Azure Power Global Limited stock for Q1 2022, up 30% quarter-over-quarter.
- 10 funds opened new Azure Power Global Limited positions in Q1 2022 and 12 closed out, a net change of -2 holders.
- The largest Azure Power Global Limited buyer in Q1 2022 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $165M added.
- The largest Azure Power Global Limited seller in Q1 2022 was UBS O'Connor, an estimated $4.01M sold.
Based on aggregated 13F filings for Q1 2022.