Brookfield Renewable
210 hedge funds and large institutions have $3.91B invested in Brookfield Renewable in 2023 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 66 increasing their positions, 62 reducing their positions, and 27 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 62
1.91% less ownership
Funds ownership: 63.57% → 61.66% (-1.9%)
4% less funds holding
Funds holding: 218 → 210 (-8)
22% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 27
24% less capital invested
Capital invested by funds: $5.17B → $3.91B (-$1.25B)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
73% less call options, than puts
Call options by funds: $3.8M | Put options by funds: $14M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
CCLA Investment Management
London,
United Kingdom
|
+$49M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$43.7M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$43.1M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$18.3M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$29.4M |
| 2 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$16.7M |
| 3 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$16M |
| 4 |
JP Morgan Chase
New York
|
-$13M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$12.2M |
BEP Hedge Fund Activity: Q3 2023 in Review
210 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Brookfield Renewable (BEP) for Q3 2023, worth a combined $3.91B — down 24% from $5.17B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of BEP and 21 opened new positions — a net loss of 6 holders — while 62 trimmed existing stakes and 66 added.
The largest buyer was CCLA Investment Management, opening a new position worth an estimated $49M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $29.4M.
- 210 institutional investors held Brookfield Renewable (BEP) as of Q3 2023, down from 218 in Q2 2023.
- Funds reported $3.91B of Brookfield Renewable stock for Q3 2023, down 24% quarter-over-quarter.
- 21 funds opened new Brookfield Renewable positions in Q3 2023 and 27 closed out, a net change of -6 holders.
- The largest Brookfield Renewable buyer in Q3 2023 was CCLA Investment Management, an estimated $49M added.
- The largest Brookfield Renewable seller in Q3 2023 was Kayne Anderson Capital Advisors, an estimated $29.4M sold.
Based on aggregated 13F filings for Q3 2023.