Brookfield Renewable
BEPC
332 hedge funds and large institutions have $2.99B invested in Brookfield Renewable in 2023 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 142 increasing their positions, 101 reducing their positions, and 51 closing their positions.
42% more call options, than puts
Call options by funds: $6.66M | Put options by funds: $4.69M
41% more repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 101
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
0.82% more ownership
Funds ownership: 68.17% → 68.98% (+0.82%)
5% less funds holding
Funds holding: 349 → 332 (-17)
23% less capital invested
Capital invested by funds: $3.87B → $2.99B (-$884M)
27% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parnassus Investments
San Francisco,
California
|
+$66.6M |
| 2 |
NAM
NewGen Asset Management
Toronto,
Ontario, Canada
|
+$11.2M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$8.83M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$8.39M |
| 5 |
Millennium Management
New York
|
+$7.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$27M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$16M |
| 3 |
ClearBridge Investments
New York
|
-$11.3M |
| 4 |
ACG
Aventail Capital Group
New York
|
-$10.1M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$7.45M |
BEPC Hedge Fund Activity: Q3 2023 in Review
332 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Brookfield Renewable (BEPC) for Q3 2023, worth a combined $2.99B — down 23% from $3.87B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of BEPC and 37 opened new positions — a net loss of 14 holders — while 101 trimmed existing stakes and 142 added.
The largest buyer was Parnassus Investments, opening a new position worth an estimated $66.6M. The largest seller was Fidelity Investments, cutting an estimated $27M.
- 332 institutional investors held Brookfield Renewable (BEPC) as of Q3 2023, down from 349 in Q2 2023.
- Funds reported $2.99B of Brookfield Renewable stock for Q3 2023, down 23% quarter-over-quarter.
- 37 funds opened new Brookfield Renewable positions in Q3 2023 and 51 closed out, a net change of -14 holders.
- The largest Brookfield Renewable buyer in Q3 2023 was Parnassus Investments, an estimated $66.6M added.
- The largest Brookfield Renewable seller in Q3 2023 was Fidelity Investments, an estimated $27M sold.
Based on aggregated 13F filings for Q3 2023.