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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.

New
Increased
Maintained
Reduced
Closed

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: 7982 (+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: 20 (-2)

Holders
82
Holders Change
+3
Holders Change %
+3.8%
% of All Funds
2.04%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
9
Increased
31
Reduced
26
Closed
5
Calls
$3.58M
Puts
$50K
Net Calls
+$3.54M
Net Calls Change
+$1.37M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$359M +$12.8M +707,845 +4%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$143M -$6.52M -361,656 -4%
TD Asset Management
3
TD Asset Management
Ontario, Canada
$113M +$436K +24,199 +0.4%
ClearBridge Investments
4
ClearBridge Investments
New York
$94.7M +$289K +16,018 +0.3%
SC
5
Scotia Capital
Ontario, Canada
$82M -$2.32M -128,668 -3%
Principal Financial Group
6
Principal Financial Group
Iowa
$81.4M +$1.23M +68,245 +2%
GCC
7
Guardian Capital (Canada)
Ontario, Canada
$70.7M -$2.36M -131,081 -3%
Toronto Dominion Bank
8
Toronto Dominion Bank
Ontario, Canada
$47.5M -$29M -1,607,636 -38%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$45.8M +$4.14M +229,496 +10%
Manulife (Manufacturers Life Insurance)
10
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$36.8M +$33.9M +1,879,405 +1,043%
Franklin Resources
11
Franklin Resources
California
$30.1M -$1.21M -67,306 -4%
CIBC World Market
12
CIBC World Market
Ontario, Canada
$26.9M -$12.1M -669,817 -31%
Fiera Capital (Canada)
13
Fiera Capital (Canada)
Quebec, Canada
$23.9M -$1.1M -60,947 -4%
Public Sector Pension Investment Board (PSP Investments)
14
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$22.7M +$1.72M +95,139 +8%
CIBC Asset Management
15
CIBC Asset Management
Ontario, Canada
$21.6M -$553K -30,652 -2%
First Manhattan
16
First Manhattan
New York
$19.2M +$280K +15,528 +1%
Mackenzie Financial
17
Mackenzie Financial
Ontario, Canada
$18.7M -$687K -38,093 -4%
H
18
Hexavest
Quebec, Canada
$16M +$4.73M +262,297 +41%
AACA
19
American Assets Capital Advisers
California
$11.3M +$274K +15,182 +2%
Invesco
20
Invesco
Georgia
$11M -$2.75M -152,298 -20%
GXMC
21
Global X Management Company
New York
$10.9M +$291K +16,132 +3%
FDCDDQ
22
Federation des caisses Desjardins du Quebec
Quebec, Canada
$10.5M +$228K +12,640 +2%
BHC
23
Bowen Hanes & Co
Florida
$9.16M +$162K +9,007 +2%
Bank of America
24
Bank of America
North Carolina
$8.54M -$9.9M -548,629 -53%
BONST
25
Bank of Nova Scotia Trust
Ontario, Canada
$7.8M +$187K +10,373 +2%

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.