Brookfield Renewable
216 hedge funds and large institutions have $4.77B invested in Brookfield Renewable in 2023 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 65 increasing their positions, 63 reducing their positions, and 22 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
41% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 22
22% more capital invested
Capital invested by funds: $3.91B → $4.77B (+$854M)
3% more funds holding
Funds holding: 210 → 216 (+6)
1.09% more ownership
Funds ownership: 61.66% → 62.74% (+1.1%)
3% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 63
7% less call options, than puts
Call options by funds: $5.8M | Put options by funds: $6.24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$82.3M |
| 2 |
Select Equity Group
New York
|
+$66.6M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$56.7M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$33.1M |
| 5 |
CIM
CCLA Investment Management
London,
United Kingdom
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$70.5M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$39M |
| 3 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
-$29.3M |
| 4 |
EAM
Eventide Asset Management
Boston,
Massachusetts
|
-$26.9M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$19.2M |
BEP Hedge Fund Activity: Q4 2023 in Review
216 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Brookfield Renewable (BEP) for Q4 2023, worth a combined $4.77B — up 22% from $3.91B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new BEP positions and 22 closed out — a net gain of 9 holders — while 65 added to existing stakes and 63 trimmed.
The largest buyer was Fidelity International, adding an estimated $82.3M. The largest seller was British Columbia Investment Management, cutting an estimated $70.5M.
- 216 institutional investors held Brookfield Renewable (BEP) as of Q4 2023, up from 210 in Q3 2023.
- Funds reported $4.77B of Brookfield Renewable stock for Q4 2023, up 22% quarter-over-quarter.
- 31 funds opened new Brookfield Renewable positions in Q4 2023 and 22 closed out, a net change of +9 holders.
- The largest Brookfield Renewable buyer in Q4 2023 was Fidelity International, an estimated $82.3M added.
- The largest Brookfield Renewable seller in Q4 2023 was British Columbia Investment Management, an estimated $70.5M sold.
Based on aggregated 13F filings for Q4 2023.