Brookfield Renewable
BEP
103 hedge funds and large institutions have $3.41B invested in Brookfield Renewable in 2017 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 30 increasing their positions, 32 reducing their positions, and 4 closing their positions.
864% more call options, than puts
Call options by funds: $434K | Put options by funds: $45K
500% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 4
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
24% more funds holding
Funds holding: 83 → 103 (+20)
4% more capital invested
Capital invested by funds: $3.28B → $3.41B (+$133M)
6% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 32
8.18% less ownership
Funds ownership: 110.02% → 101.84% (-8.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$36.5M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
+$14.5M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$8.67M |
| 4 |
AACA
American Assets Capital Advisers
San Diego,
California
|
+$8.32M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$8.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$34.4M |
| 2 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$16M |
| 3 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
-$7.81M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$7.23M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$4.88M |
BEP Hedge Fund Activity: Q4 2017 in Review
103 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Brookfield Renewable (BEP) for Q4 2017, worth a combined $3.41B — up 4.1% from $3.28B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new BEP positions and 4 closed out — a net gain of 20 holders — while 30 added to existing stakes and 32 trimmed.
The largest buyer was CIBC Asset Management, adding an estimated $36.5M. The largest seller was Royal Bank of Canada, cutting an estimated $34.4M.
- 103 institutional investors held Brookfield Renewable (BEP) as of Q4 2017, up from 83 in Q3 2017.
- Funds reported $3.41B of Brookfield Renewable stock for Q4 2017, up 4.1% quarter-over-quarter.
- 24 funds opened new Brookfield Renewable positions in Q4 2017 and 4 closed out, a net change of +20 holders.
- The largest Brookfield Renewable buyer in Q4 2017 was CIBC Asset Management, an estimated $36.5M added.
- The largest Brookfield Renewable seller in Q4 2017 was Royal Bank of Canada, an estimated $34.4M sold.
Based on aggregated 13F filings for Q4 2017.