Canadian Solar
CSIQ
154 hedge funds and large institutions have $500M invested in Canadian Solar in 2014 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 56 increasing their positions, 46 reducing their positions, and 32 closing their positions.
25% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 32
22% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 46
4% more funds holding
Funds holding: 148 → 154 (+6)
15% less call options, than puts
Call options by funds: $59.8M | Put options by funds: $70.6M
38% less capital invested
Capital invested by funds: $801M → $500M (-$301M)
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DnB Asset Management
Oslo,
Norway
|
+$22.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$12.6M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$12.1M |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
+$11.9M |
| 5 |
RS
Robeco Schweiz
Zurich,
Switzerland
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRAM
Claren Road Asset Management
New York
|
-$93.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$26.8M |
| 3 |
CAIMH
Central Asset Investments & Management Holdings
Hong Kong
|
-$22.6M |
| 4 |
TPCM
Tide Point Capital Management
Old Greenwich,
Connecticut
|
-$21.5M |
| 5 |
CCM
Cupps Capital Management
Chicago,
Illinois
|
-$11.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Renaissance Technologies
New York
| – | -$247K | -6,902 | Closed |
|
177
American Century Companies
Kansas City,
Missouri
| – | -$243K | -6,786 | Closed |
|
178
Tudor Investment Corp
Stamford,
Connecticut
| – | -$243K | -6,782 | Closed |
|
|
RCM
179
Reynolds Capital Management
Las Vegas,
Nevada
| – | -$240K | -6,700 | Closed |
|
|
B
180
Bailard
Foster City,
California
| – | -$233K | -6,500 | Closed |
|
|
WAM
181
Wolverine Asset Management
Chicago,
Illinois
| – | -$214K | -6,000 | Closed |
|
182
Vanguard Group
Malvern,
Pennsylvania
| – | -$211K | -5,900 | Closed |
|
183
Schroder Investment Management Group
London,
United Kingdom
| – | -$44.4K | -1,240 | Closed |
|
|
OA
184
OFI Advisors
Philadelphia,
Pennsylvania
| – | -$39K | -1,080 | Closed |
|
|
NFG
185
Next Financial Group
Houston,
Texas
| – | -$20K | -570 | Closed |
|
|
WA
186
WealthTrust-Arizona
Scottsdale,
Arizona
| – | -$4K | -100 | Closed |
|
|
TRCT
187
Tower Research Capital (TRC)
New York
| – | +$190 | +7 | +700% |
|
CSIQ Hedge Fund Activity: Q4 2014 in Review
154 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Canadian Solar (CSIQ) for Q4 2014, worth a combined $500M — down 38% from $801M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new CSIQ positions and 32 closed out — a net gain of 8 holders — while 56 added to existing stakes and 46 trimmed.
The largest buyer was DnB Asset Management, adding an estimated $22.6M. The largest seller was Claren Road Asset Management, exiting entirely with an estimated $93.9M sold.
- 154 institutional investors held Canadian Solar (CSIQ) as of Q4 2014, up from 148 in Q3 2014.
- Funds reported $500M of Canadian Solar stock for Q4 2014, down 38% quarter-over-quarter.
- 40 funds opened new Canadian Solar positions in Q4 2014 and 32 closed out, a net change of +8 holders.
- The largest Canadian Solar buyer in Q4 2014 was DnB Asset Management, an estimated $22.6M added.
- The largest Canadian Solar seller in Q4 2014 was Claren Road Asset Management, an estimated $93.9M sold.
Based on aggregated 13F filings for Q4 2014.