Brookfield Renewable
219 hedge funds and large institutions have $5.1B invested in Brookfield Renewable in 2024 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 69 increasing their positions, 56 reducing their positions, and 15 closing their positions.
85% more capital invested
Capital invested by funds: $2.75B → $5.1B (+$2.34B)
60% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 15
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
25.11% more ownership
Funds ownership: 38.47% → 63.58% (+25%)
23% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 56
11% more call options, than puts
Call options by funds: $7.1M | Put options by funds: $6.41M
2% more funds holding
Funds holding: 214 → 219 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$1.74B |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$110M |
| 3 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$37.7M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$25.8M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$17.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$56.9M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
-$42.1M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$41.1M |
| 4 |
Morgan Stanley
New York
|
-$17.2M |
| 5 |
TPM
Triasima Portfolio Management
Montreal,
Quebec, Canada
|
-$16.9M |
BEP Hedge Fund Activity: Q3 2024 in Review
219 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Brookfield Renewable (BEP) for Q3 2024, worth a combined $5.1B — up 85% from $2.75B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new BEP positions and 15 closed out — a net gain of 9 holders — while 69 added to existing stakes and 56 trimmed.
The largest buyer was Brookfield Corp, adding an estimated $1.74B. The largest seller was Select Equity Group, cutting an estimated $56.9M.
- 219 institutional investors held Brookfield Renewable (BEP) as of Q3 2024, up from 214 in Q2 2024.
- Funds reported $5.1B of Brookfield Renewable stock for Q3 2024, up 85% quarter-over-quarter.
- 24 funds opened new Brookfield Renewable positions in Q3 2024 and 15 closed out, a net change of +9 holders.
- The largest Brookfield Renewable buyer in Q3 2024 was Brookfield Corp, an estimated $1.74B added.
- The largest Brookfield Renewable seller in Q3 2024 was Select Equity Group, an estimated $56.9M sold.
Based on aggregated 13F filings for Q3 2024.