Clearway Energy Class C
CWEN
125 hedge funds and large institutions have $1.32B invested in Clearway Energy Class C in 2014 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 36 increasing their positions, 45 reducing their positions, and 17 closing their positions.
88% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 17
14% more funds holding
Funds holding: 110 → 125 (+15)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
14% less capital invested
Capital invested by funds: $1.54B → $1.32B (-$221M)
19% less call options, than puts
Call options by funds: $6.92M | Put options by funds: $8.49M
20% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 45
45.98% less ownership
Funds ownership: 271.4% → 225.42% (-46%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$41.9M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$26.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$8.9M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$7.57M |
| 5 |
AIM
Assured Investment Management
New York
|
+$7.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$229M |
| 2 |
Bank of New York Mellon
New York
|
-$18.8M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$17.1M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$10.6M |
| 5 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$9.71M |
CWEN Hedge Fund Activity: Q2 2014 in Review
125 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Clearway Energy Class C (CWEN) for Q2 2014, worth a combined $1.32B — down 14% from $1.54B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new CWEN positions and 17 closed out — a net gain of 15 holders — while 36 added to existing stakes and 45 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $41.9M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $229M.
- 125 institutional investors held Clearway Energy Class C (CWEN) as of Q2 2014, up from 110 in Q1 2014.
- Funds reported $1.32B of Clearway Energy Class C stock for Q2 2014, down 14% quarter-over-quarter.
- 32 funds opened new Clearway Energy Class C positions in Q2 2014 and 17 closed out, a net change of +15 holders.
- The largest Clearway Energy Class C buyer in Q2 2014 was Morgan Stanley, an estimated $41.9M added.
- The largest Clearway Energy Class C seller in Q2 2014 was BNP Paribas Financial Markets, an estimated $229M sold.
Based on aggregated 13F filings for Q2 2014.