Brookfield Renewable
82 hedge funds and large institutions have $1.4B invested in Brookfield Renewable in 2017 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 26 reducing their positions, and 5 closing their positions.
7,070% more call options, than puts
Call options by funds: $3.58M | Put options by funds: $50K
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
19% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 26
4% more funds holding
Funds holding: 79 → 82 (+3)
55% less capital invested
Capital invested by funds: $3.12B → $1.4B (-$1.72B)
62.99% less ownership
Funds ownership: 110% → 47.02% (-63%)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$33.9M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.8M |
| 3 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$4.73M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.14M |
| 5 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
+$3.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$1.79B |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$29M |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$12.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$9.9M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$6.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
76
MUFG Americas
New York
| $34K | +$33.9K | +1,877 | New |
|
|
FWM
77
Focused Wealth Management
Newburgh,
New York
| $23K | – | – | – |
|
78
US Bancorp
Minneapolis,
Minnesota
| $22K | +$12.2K | +674 | +120% |
|
|
TCA
79
Tortoise Capital Advisors
Overland Park,
Kansas
| $19K | – | – | – |
|
|
IA
80
IFP Advisors
Tampa,
Florida
| $11K | -$1.82K | -101 | -14% |
|
|
AIM
81
Arcadia Investment Management
Kalamazoo,
Michigan
| $10K | – | – | – |
|
|
CTC
82
Central Trust Company
Jefferson City,
Missouri
| $7K | – | – | – |
|
|
BWA
83
BDO Wealth Advisors
Jacksonville,
Florida
| $3K | -$2.04K | -113 | -37% |
|
|
PA
84
Parallel Advisors
San Francisco,
California
| $1K | – | – | – |
|
|
BC
85
Brookfield Corp
Toronto,
Ontario, Canada
| – | -$1.79B | -105,213,373 | Closed |
|
|
RCYC
86
Richard C. Young & Co
Newport,
Rhode Island
| – | -$3.93M | -230,909 | Closed |
|
|
FIM
87
Friedberg Investment Management
Houston,
Texas
| – | -$390K | -22,893 | Closed |
|
88
Creative Planning
Overland Park,
Kansas
| – | -$5K | -296 | Closed |
|
|
TRCT
89
Tower Research Capital (TRC)
New York
| – | -$4K | -188 | Closed |
|
BEP Hedge Fund Activity: Q3 2017 in Review
82 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Brookfield Renewable (BEP) for Q3 2017, worth a combined $1.4B — down 55% from $3.12B a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BEP positions and 5 closed out — a net gain of 4 holders — while 31 added to existing stakes and 26 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $33.9M. The largest seller was Brookfield Corp, exiting entirely with an estimated $1.79B sold.
- 82 institutional investors held Brookfield Renewable (BEP) as of Q3 2017, up from 79 in Q2 2017.
- Funds reported $1.4B of Brookfield Renewable stock for Q3 2017, down 55% quarter-over-quarter.
- 9 funds opened new Brookfield Renewable positions in Q3 2017 and 5 closed out, a net change of +4 holders.
- The largest Brookfield Renewable buyer in Q3 2017 was Manulife (Manufacturers Life Insurance), an estimated $33.9M added.
- The largest Brookfield Renewable seller in Q3 2017 was Brookfield Corp, an estimated $1.79B sold.
Based on aggregated 13F filings for Q3 2017.