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Canadian Solar

68 hedge funds and large institutions have $271M invested in Canadian Solar in 2013 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 17 increasing their positions, 20 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

136% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 11

128% more capital invested

Capital invested by funds: $119M → $271M (+$152M)

113% more call options, than puts

Call options by funds: $32M | Put options by funds: $15M

26% more funds holding

Funds holding: 5468 (+14)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

15% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 20

Holders
68
Holders Change
+14
Holders Change %
+25.93%
% of All Funds
2.2%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.13%
New
26
Increased
17
Reduced
20
Closed
11
Calls
$32M
Puts
$15M
Net Calls
+$17M
Net Calls Change
+$11.6M
Name Holding Trade Value Shares
Change
Change in
Stake
CAIMH
1
Central Asset Investments & Management Holdings
Hong Kong
$51M +$16M +1,197,782 +66%
AAP
2
Ardsley Advisory Partners
Connecticut
$34.4M +$8.89M +665,000 +49%
KCM
3
Kingdon Capital Management
New York
$19.2M +$15.1M +1,130,000 New
PAMU
4
Pictet Asset Management (UK)
United Kingdom
$17.8M +$14M +1,044,720 New
LM
5
Luminus Management
Texas
$14.3M +$9.09M +680,333 +426%
Morgan Stanley
6
Morgan Stanley
New York
$12.4M +$5.17M +386,830 +114%
OIM
7
Oceanic Investment Management
Isle Of Man
$11.6M -$5.39M -402,900 -37%
Invesco
8
Invesco
Georgia
$10.2M -$1.82M -136,494 -18%
SCM
9
Shah Capital Management
North Carolina
$9.86M -$443K -33,115 -5%
GC
10
Guggenheim Capital
Illinois
$9.75M +$2.52M +188,215 +49%
Citadel Advisors
11
Citadel Advisors
Florida
$6.88M +$3.44M +257,699 +175%
Deutsche Bank
12
Deutsche Bank
Germany
$5.71M -$309K -23,109 -6%
QAM
13
Quentec Asset Management
New York
$5.35M -$6.13M -458,300 -59%
CCI
14
Columbus Circle Investors
$5.12M +$4.03M +301,300 New
California Public Employees Retirement System
15
California Public Employees Retirement System
California
$3.81M -$798K -59,700 -21%
RL
16
Ruffer LLP
United Kingdom
$3.36M +$2.67M +200,000 New
FIG
17
Fortress Investment Group
New York
$3.16M +$2.48M +185,750 New
ECM
18
Empire Capital Management
Connecticut
$3.14M +$2.47M +185,000 New
Two Sigma Investments
19
Two Sigma Investments
New York
$3.07M +$546K +40,879 +29%
Jane Street
20
Jane Street
New York
$3.04M -$140K -10,479 -6%
DL
21
Delta Lloyd
Netherlands
$2.8M +$2.21M +165,000 New
Millennium Management
22
Millennium Management
New York
$2.69M +$1.29M +96,319 +156%
TI
23
Turner Investments
Pennsylvania
$2.26M +$1.78M +132,990 New
BCM
24
Bodri Capital Management
California
$2.12M +$1.67M +125,000 New
PRCM
25
Pine River Capital Management
Minnesota
$2.09M +$1.65M +123,104 New

CSIQ Hedge Fund Activity: Q3 2013 in Review

68 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Canadian Solar (CSIQ) for Q3 2013, worth a combined $271M — up 128% from $119M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new CSIQ positions and 11 closed out — a net gain of 15 holders — while 17 added to existing stakes and 20 trimmed.

The largest buyer was Central Asset Investments & Management Holdings, adding an estimated $16M. The largest seller was Meru Capital Group, exiting entirely with an estimated $6.13M sold.

  • 68 institutional investors held Canadian Solar (CSIQ) as of Q3 2013, up from 54 in Q2 2013.
  • Funds reported $271M of Canadian Solar stock for Q3 2013, up 128% quarter-over-quarter.
  • 26 funds opened new Canadian Solar positions in Q3 2013 and 11 closed out, a net change of +15 holders.
  • The largest Canadian Solar buyer in Q3 2013 was Central Asset Investments & Management Holdings, an estimated $16M added.
  • The largest Canadian Solar seller in Q3 2013 was Meru Capital Group, an estimated $6.13M sold.

Based on aggregated 13F filings for Q3 2013.