Brookfield Renewable
BEP
105 hedge funds and large institutions have $3.72B invested in Brookfield Renewable in 2018 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 37 increasing their positions, 29 reducing their positions, and 17 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 29
22% more capital invested
Capital invested by funds: $3.04B → $3.72B (+$671M)
1.54% more ownership
Funds ownership: 101.9% → 103.44% (+1.5%)
7% more call options, than puts
Call options by funds: $14.5M | Put options by funds: $13.6M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less funds holding
Funds holding: 112 → 105 (-7)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$33.5M |
| 2 |
LSAG
Lake Street Advisors Group
Portsmouth,
New Hampshire
|
+$12.1M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$9.62M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$6.78M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$6.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$34.7M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$6M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$4.04M |
| 4 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$3.69M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$1.57M |
BEP Hedge Fund Activity: Q2 2018 in Review
105 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Brookfield Renewable (BEP) for Q2 2018, worth a combined $3.72B — up 22% from $3.04B a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of BEP and 11 opened new positions — a net loss of 6 holders — while 29 trimmed existing stakes and 37 added.
The largest buyer was Fidelity International, opening a new position worth an estimated $33.5M. The largest seller was Fidelity Investments, exiting entirely with an estimated $34.7M sold.
- 105 institutional investors held Brookfield Renewable (BEP) as of Q2 2018, down from 112 in Q1 2018.
- Funds reported $3.72B of Brookfield Renewable stock for Q2 2018, up 22% quarter-over-quarter.
- 11 funds opened new Brookfield Renewable positions in Q2 2018 and 17 closed out, a net change of -6 holders.
- The largest Brookfield Renewable buyer in Q2 2018 was Fidelity International, an estimated $33.5M added.
- The largest Brookfield Renewable seller in Q2 2018 was Fidelity Investments, an estimated $34.7M sold.
Based on aggregated 13F filings for Q2 2018.