Brookfield Renewable
240 hedge funds and large institutions have $5.12B invested in Brookfield Renewable in 2023 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 80 increasing their positions, 63 reducing their positions, and 22 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
59% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 22
27% more capital invested
Capital invested by funds: $4.01B → $5.12B (+$1.1B)
27% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 63
5% more funds holding
Funds holding: 228 → 240 (+12)
1.41% more ownership
Funds ownership: 57.42% → 58.83% (+1.4%)
69% less call options, than puts
Call options by funds: $7.03M | Put options by funds: $22.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$93.7M |
| 2 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$42.7M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$38.7M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$19.1M |
| 5 |
Select Equity Group
New York
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$89.4M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$13.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.2M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$9.8M |
| 5 |
SAM
Storebrand Asset Management
Lysaker,
Norway
|
-$8.44M |
BEP Hedge Fund Activity: Q1 2023 in Review
240 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Brookfield Renewable (BEP) for Q1 2023, worth a combined $5.12B — up 27% from $4.01B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new BEP positions and 22 closed out — a net gain of 13 holders — while 80 added to existing stakes and 63 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $93.7M. The largest seller was British Columbia Investment Management, cutting an estimated $89.4M.
- 240 institutional investors held Brookfield Renewable (BEP) as of Q1 2023, up from 228 in Q4 2022.
- Funds reported $5.12B of Brookfield Renewable stock for Q1 2023, up 27% quarter-over-quarter.
- 35 funds opened new Brookfield Renewable positions in Q1 2023 and 22 closed out, a net change of +13 holders.
- The largest Brookfield Renewable buyer in Q1 2023 was Royal Bank of Canada, an estimated $93.7M added.
- The largest Brookfield Renewable seller in Q1 2023 was British Columbia Investment Management, an estimated $89.4M sold.
Based on aggregated 13F filings for Q1 2023.