Brookfield Renewable
57 hedge funds and large institutions have $1.04B invested in Brookfield Renewable in 2014 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
17% more capital invested
Capital invested by funds: $890M → $1.04B (+$149M)
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
8% more funds holding
Funds holding: 53 → 57 (+4)
2.22% more ownership
Funds ownership: 47.75% → 49.97% (+2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$24.1M |
| 2 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$23.4M |
| 3 |
ClearBridge Investments
New York
|
+$19.2M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$11.6M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$8.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$20.7M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$16.6M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$13M |
| 4 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$5.33M |
| 5 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$4.56M |
BEP Hedge Fund Activity: Q1 2014 in Review
57 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Brookfield Renewable (BEP) for Q1 2014, worth a combined $1.04B — up 17% from $890M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BEP positions and 7 closed out — a net gain of 4 holders — while 18 added to existing stakes and 16 trimmed.
The largest buyer was Toronto Dominion Bank, adding an estimated $24.1M. The largest seller was Findlay Park Partners, cutting an estimated $20.7M.
- 57 institutional investors held Brookfield Renewable (BEP) as of Q1 2014, up from 53 in Q4 2013.
- Funds reported $1.04B of Brookfield Renewable stock for Q1 2014, up 17% quarter-over-quarter.
- 11 funds opened new Brookfield Renewable positions in Q1 2014 and 7 closed out, a net change of +4 holders.
- The largest Brookfield Renewable buyer in Q1 2014 was Toronto Dominion Bank, an estimated $24.1M added.
- The largest Brookfield Renewable seller in Q1 2014 was Findlay Park Partners, an estimated $20.7M sold.
Based on aggregated 13F filings for Q1 2014.