Brookfield Renewable
119 hedge funds and large institutions have $2.53B invested in Brookfield Renewable in 2018 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 35 increasing their positions, 41 reducing their positions, and 16 closing their positions.
56% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 16
7% more funds holding
Funds holding: 111 → 119 (+8)
1% less call options, than puts
Call options by funds: $11.8M | Put options by funds: $11.9M
0.9% less ownership
Funds ownership: 102.85% → 101.96% (-0.9%)
15% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 41
15% less capital invested
Capital invested by funds: $2.99B → $2.53B (-$464M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$7.72M |
| 2 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$6.18M |
| 3 |
LSAG
Lake Street Advisors Group
Portsmouth,
New Hampshire
|
+$4.12M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.91M |
| 5 |
Neuberger Berman Group
New York
|
+$3.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$19.5M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$11.8M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$10.2M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$7.87M |
| 5 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
-$6.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
LPL Financial
San Diego,
California
| – | -$253K | -15,704 | Closed |
|
|
CPIG
127
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$234K | -15,599 | Closed |
|
|
VF
128
Virtu Financial
New York
| – | -$222K | -13,796 | Closed |
|
|
PC
129
Port Capital
Chicago,
Illinois
| – | -$206K | -12,760 | Closed |
|
|
SWP
130
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$91K | -5,630 | Closed |
|
|
MIM
131
Macroview Investment Management
Bethesda,
Maryland
| – | -$33K | -2,051 | Closed |
|
|
KJWM
132
Kiley Juergens Wealth Management
Olympia,
Washington
| – | -$30K | -1,877 | Closed |
|
|
MPIA
133
Mountain Pacific Investment Advisers
Boise,
Idaho
| – | -$30K | -1,877 | Closed |
|
|
MA
134
MUFG Americas
New York
| – | -$30K | -1,877 | Closed |
|
|
SPIA
135
Steward Partners Investment Advisory
New York
| – | -$4K | -253 | Closed |
|
|
TC
136
Trilogy Capital
Irvine,
California
| – | -$4K | -236 | Closed |
|
BEP Hedge Fund Activity: Q4 2018 in Review
119 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Brookfield Renewable (BEP) for Q4 2018, worth a combined $2.53B — down 15% from $2.99B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new BEP positions and 16 closed out — a net gain of 9 holders — while 35 added to existing stakes and 41 trimmed.
The largest buyer was Toronto Dominion Bank, adding an estimated $7.72M. The largest seller was ClearBridge Investments, cutting an estimated $19.5M.
- 119 institutional investors held Brookfield Renewable (BEP) as of Q4 2018, up from 111 in Q3 2018.
- Funds reported $2.53B of Brookfield Renewable stock for Q4 2018, down 15% quarter-over-quarter.
- 25 funds opened new Brookfield Renewable positions in Q4 2018 and 16 closed out, a net change of +9 holders.
- The largest Brookfield Renewable buyer in Q4 2018 was Toronto Dominion Bank, an estimated $7.72M added.
- The largest Brookfield Renewable seller in Q4 2018 was ClearBridge Investments, an estimated $19.5M sold.
Based on aggregated 13F filings for Q4 2018.