Brookfield Renewable
214 hedge funds and large institutions have $2.75B invested in Brookfield Renewable in 2024 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 64 increasing their positions, 65 reducing their positions, and 17 closing their positions.
41% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 17
1% more funds holding
Funds holding: 211 → 214 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 65
6% less call options, than puts
Call options by funds: $5.43M | Put options by funds: $5.77M
25.64% less ownership
Funds ownership: 64.11% → 38.47% (-26%)
36% less capital invested
Capital invested by funds: $4.29B → $2.75B (-$1.53B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$52.4M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$29.8M |
| 3 |
TPM
Triasima Portfolio Management
Montreal,
Quebec, Canada
|
+$17M |
| 4 |
LIP
Liontrust Investment Partners
London,
United Kingdom
|
+$14.9M |
| 5 |
Morgan Stanley
New York
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$1.72B |
| 2 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$153M |
| 3 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$20.4M |
| 4 |
Select Equity Group
New York
|
-$16.7M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$16.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Group One Trading
Chicago,
Illinois
| – | -$3.63K | -146 | Closed |
|
|
FFWM
227
Future Financial Wealth Management
Cincinnati,
Ohio
| – | -$2.32K | -100 | Closed |
|
|
NSIM
228
North Star Investment Management
Chicago,
Illinois
| – | -$581 | -25 | Closed |
|
|
TCM
229
Tradewinds Capital Management
Bellingham,
Washington
| – | -$70 | -3 | Closed |
|
|
RBC
230
Roble Belko & Company
Sewickley,
Pennsylvania
| – | +$75 | +3 | +30% |
|
BEP Hedge Fund Activity: Q2 2024 in Review
214 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Brookfield Renewable (BEP) for Q2 2024, worth a combined $2.75B — down 36% from $4.29B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new BEP positions and 17 closed out — a net gain of 7 holders — while 64 added to existing stakes and 65 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $52.4M. The largest seller was Brookfield Corp, cutting an estimated $1.72B.
- 214 institutional investors held Brookfield Renewable (BEP) as of Q2 2024, up from 211 in Q1 2024.
- Funds reported $2.75B of Brookfield Renewable stock for Q2 2024, down 36% quarter-over-quarter.
- 24 funds opened new Brookfield Renewable positions in Q2 2024 and 17 closed out, a net change of +7 holders.
- The largest Brookfield Renewable buyer in Q2 2024 was Fidelity Investments, an estimated $52.4M added.
- The largest Brookfield Renewable seller in Q2 2024 was Brookfield Corp, an estimated $1.72B sold.
Based on aggregated 13F filings for Q2 2024.