Brookfield Renewable
54 hedge funds and large institutions have $915M invested in Brookfield Renewable in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 13 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
38% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 13
8% more funds holding
Funds holding: 50 → 54 (+4)
49.32% less ownership
Funds ownership: 97.52% → 48.2% (-49%)
53% less capital invested
Capital invested by funds: $1.93B → $915M (-$1.01B)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$101M |
| 2 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$29M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$14.8M |
| 4 |
ClearBridge Investments
New York
|
+$12.2M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$1.12B |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$31.8M |
| 3 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$6.26M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.27M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$2M |
BEP Hedge Fund Activity: Q3 2013 in Review
54 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Brookfield Renewable (BEP) for Q3 2013, worth a combined $915M — down 53% from $1.93B a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BEP positions and 5 closed out — a net gain of 5 holders — while 18 added to existing stakes and 13 trimmed.
The largest buyer was TD Asset Management, opening a new position worth an estimated $101M. The largest seller was Brookfield Corp, exiting entirely with an estimated $1.12B sold.
- 54 institutional investors held Brookfield Renewable (BEP) as of Q3 2013, up from 50 in Q2 2013.
- Funds reported $915M of Brookfield Renewable stock for Q3 2013, down 53% quarter-over-quarter.
- 10 funds opened new Brookfield Renewable positions in Q3 2013 and 5 closed out, a net change of +5 holders.
- The largest Brookfield Renewable buyer in Q3 2013 was TD Asset Management, an estimated $101M added.
- The largest Brookfield Renewable seller in Q3 2013 was Brookfield Corp, an estimated $1.12B sold.
Based on aggregated 13F filings for Q3 2013.