Clearway Energy Class C
CWEN
148 hedge funds and large institutions have $1.7B invested in Clearway Energy Class C in 2014 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 74 increasing their positions, 23 reducing their positions, and 21 closing their positions.
222% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 23
110% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 21
32% more capital invested
Capital invested by funds: $1.29B → $1.7B (+$413M)
18% more funds holding
Funds holding: 125 → 148 (+23)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15.83% less ownership
Funds ownership: 225.42% → 209.59% (-16%)
46% less call options, than puts
Call options by funds: $9M | Put options by funds: $16.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$80.8M |
| 2 |
Jennison Associates
New York
|
+$78.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$41.5M |
| 4 |
MP
MSD Partners
New York
|
+$39.4M |
| 5 |
JP
Jana Partners
New York
|
+$39.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$54.6M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$29.5M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$16M |
| 4 |
Renaissance Technologies
New York
|
-$3.28M |
| 5 |
TPCM
Tide Point Capital Management
Old Greenwich,
Connecticut
|
-$3.12M |
CWEN Hedge Fund Activity: Q3 2014 in Review
148 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Clearway Energy Class C (CWEN) for Q3 2014, worth a combined $1.7B — up 32% from $1.29B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new CWEN positions and 21 closed out — a net gain of 23 holders — while 74 added to existing stakes and 23 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $80.8M. The largest seller was Wellington Management Group, cutting an estimated $54.6M.
- 148 institutional investors held Clearway Energy Class C (CWEN) as of Q3 2014, up from 125 in Q2 2014.
- Funds reported $1.7B of Clearway Energy Class C stock for Q3 2014, up 32% quarter-over-quarter.
- 44 funds opened new Clearway Energy Class C positions in Q3 2014 and 21 closed out, a net change of +23 holders.
- The largest Clearway Energy Class C buyer in Q3 2014 was Fidelity Investments, an estimated $80.8M added.
- The largest Clearway Energy Class C seller in Q3 2014 was Wellington Management Group, an estimated $54.6M sold.
Based on aggregated 13F filings for Q3 2014.