Brookfield Renewable
211 hedge funds and large institutions have $4.29B invested in Brookfield Renewable in 2024 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 63 increasing their positions, 67 reducing their positions, and 30 closing their positions.
1.37% more ownership
Funds ownership: 62.74% → 64.11% (+1.4%)
4% less call options, than puts
Call options by funds: $6.45M | Put options by funds: $6.68M
6% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 67
2% less funds holding
Funds holding: 216 → 211 (-5)
10% less capital invested
Capital invested by funds: $4.77B → $4.29B (-$481M)
13% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 30
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$136M |
| 2 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$20.8M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$20.1M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$16.9M |
| 5 |
LM
Lincluden Management
Mississauga,
Ontario, Canada
|
+$16.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$56.8M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$24.3M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$19.7M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$13.6M |
| 5 |
Select Equity Group
New York
|
-$13.2M |
BEP Hedge Fund Activity: Q1 2024 in Review
211 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Brookfield Renewable (BEP) for Q1 2024, worth a combined $4.29B — down 10% from $4.77B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of BEP and 26 opened new positions — a net loss of 4 holders — while 67 trimmed existing stakes and 63 added.
The largest buyer was British Columbia Investment Management, adding an estimated $136M. The largest seller was 1832 Asset Management, cutting an estimated $56.8M.
- 211 institutional investors held Brookfield Renewable (BEP) as of Q1 2024, down from 216 in Q4 2023.
- Funds reported $4.29B of Brookfield Renewable stock for Q1 2024, down 10% quarter-over-quarter.
- 26 funds opened new Brookfield Renewable positions in Q1 2024 and 30 closed out, a net change of -4 holders.
- The largest Brookfield Renewable buyer in Q1 2024 was British Columbia Investment Management, an estimated $136M added.
- The largest Brookfield Renewable seller in Q1 2024 was 1832 Asset Management, an estimated $56.8M sold.
Based on aggregated 13F filings for Q1 2024.