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Clearway Energy Class C

144 hedge funds and large institutions have $957M invested in Clearway Energy Class C in 2017 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 55 increasing their positions, 44 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more funds holding in top 10

Funds holding in top 10: 25 (+3)

120% more call options, than puts

Call options by funds: $15.7M | Put options by funds: $7.13M

25% more repeat investments, than reductions

Existing positions increased: 55 | Existing positions reduced: 44

14% more capital invested

Capital invested by funds: $839M → $957M (+$118M)

1.54% more ownership

Funds ownership: 84.54%86.09% (+1.5%)

6% less funds holding

Funds holding: 153144 (-9)

13% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 23

Holders
144
Holders Change
-9
Holders Change %
-5.88%
% of All Funds
3.58%
Holding in Top 10
5
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+150%
% of All Funds
0.12%
New
20
Increased
55
Reduced
44
Closed
23
Calls
$15.7M
Puts
$7.13M
Net Calls
+$8.59M
Net Calls Change
+$3.19M
Name Holding Trade Value Shares
Change
Change in
Stake
WAM
26
Warlander Asset Management
New York
$6.27M +$5.99M +354,105 New
PNC Financial Services Group
27
PNC Financial Services Group
Pennsylvania
$6.2M +$2.48M +146,752 +72%
CCI
28
Credit Capital Investments
New Jersey
$5.13M
Wells Fargo
29
Wells Fargo
California
$5.04M +$1.14M +67,369 +31%
Charles Schwab
30
Charles Schwab
California
$4.95M +$1.29K +76 +0%
TCIM
31
TIAA CREF Investment Management
New York
$4.17M -$239K -14,149 -6%
First Trust Advisors
32
First Trust Advisors
Illinois
$3.98M +$1.99M +117,541 +110%
GC
33
Guggenheim Capital
Illinois
$3.96M -$170K -10,037 -4%
UBS Group
34
UBS Group
Switzerland
$3.83M -$1.25M -74,123 -26%
AMH
35
Apollo Management Holdings
New York
$3.57M +$3.41M +201,559 New
MVM
36
McClain Value Management
Connecticut
$3.38M +$810K +47,894 +33%
SRF
37
Silver Rock Financial
California
$3.23M +$3.1M +183,296 New
Baird Financial Group
38
Baird Financial Group
Wisconsin
$3.16M +$698K +41,269 +30%
Robeco Institutional Asset Management
39
Robeco Institutional Asset Management
Netherlands
$3M +$2.86M +169,282 New
PPSG
40
Princeton Portfolio Strategies Group
New Jersey
$2.79M -$122K -7,225 -4%
Point72 Asset Management
41
Point72 Asset Management
Connecticut
$2.78M +$2.66M +157,000 New
Invesco
42
Invesco
Georgia
$2.68M +$94.8K +5,605 +4%
NIM
43
NXG Investment Management
Texas
$2.65M +$2.54M +150,000 New
MDSL
44
M.D. Sass LLC
New York
$2.39M -$1.14M -67,400 -33%
California Public Employees Retirement System
45
California Public Employees Retirement System
California
$2.34M -$79.5K -4,700 -3%
California State Teachers Retirement System (CalSTRS)
46
California State Teachers Retirement System (CalSTRS)
California
$2.21M -$99.8K -5,900 -5%
BIM
47
Beach Investment Management
Pennsylvania
$2.16M
TA
48
Teachers Advisors
New York
$1.97M +$25.4K +1,503 +1%
JP Morgan Chase
49
JP Morgan Chase
New York
$1.89M -$605K -35,739 -25%
EA
50
Ecofin Advisors
United Kingdom
$1.87M +$512K +30,285 +40%

CWEN Hedge Fund Activity: Q1 2017 in Review

144 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Clearway Energy Class C (CWEN) for Q1 2017, worth a combined $957M — up 14% from $839M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of CWEN and 20 opened new positions — a net loss of 3 holders — while 44 trimmed existing stakes and 55 added.

The largest buyer was BlackRock, adding an estimated $70.5M. The largest seller was Levin Capital Strategies, exiting entirely with an estimated $28.2M sold.

  • 144 institutional investors held Clearway Energy Class C (CWEN) as of Q1 2017, down from 153 in Q4 2016.
  • Funds reported $957M of Clearway Energy Class C stock for Q1 2017, up 14% quarter-over-quarter.
  • 20 funds opened new Clearway Energy Class C positions in Q1 2017 and 23 closed out, a net change of -3 holders.
  • The largest Clearway Energy Class C buyer in Q1 2017 was BlackRock, an estimated $70.5M added.
  • The largest Clearway Energy Class C seller in Q1 2017 was Levin Capital Strategies, an estimated $28.2M sold.

Based on aggregated 13F filings for Q1 2017.