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Clearway Energy Class C

125 hedge funds and large institutions have $1.29B 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.

New
Increased
Maintained
Reduced
Closed

88% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 17

14% more funds holding

Funds holding: 110125 (+15)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

16% less capital invested

Capital invested by funds: $1.54B → $1.29B (-$249M)

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%)

Holders
125
Holders Change
+15
Holders Change %
+13.64%
% of All Funds
3.59%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
32
Increased
36
Reduced
45
Closed
17
Calls
$6.92M
Puts
$8.49M
Net Calls
-$1.57M
Net Calls Change
-$8.43M
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$120M -$5.46M -238,354 -5%
Jennison Associates
2
Jennison Associates
New York
$78.9M -$641K -27,990 -0.9%
SCM
3
Steadfast Capital Management
New York
$76.5M -$9.61M -419,144 -12%
Vanguard Group
4
Vanguard Group
Pennsylvania
$71.1M +$2.89M +125,930 +5%
SCA
5
Salient Capital Advisors
Texas
$70.8M +$5.88M +256,596 +10%
OCM
6
Osterweis Capital Management
California
$63.1M +$64.9K +2,830 +0.1%
EIP
7
Energy Income Partners
Connecticut
$59.1M +$4.51M +196,722 +9%
Neuberger Berman Group
8
Neuberger Berman Group
New York
$51.4M -$4.02M -175,454 -8%
Morgan Stanley
9
Morgan Stanley
New York
$50.1M +$41.9M +1,827,052 +1,893%
PIM
10
Perkins Investment Management
Illinois
$48.8M +$26.2M +1,144,740 +157%
Bank of New York Mellon
11
Bank of New York Mellon
New York
$42.5M -$18.8M -820,282 -33%
Bank of America
12
Bank of America
North Carolina
$40.1M +$8.9M +388,572 +34%
Capital World Investors
13
Capital World Investors
California
$35M
Fidelity Investments
14
Fidelity Investments
Massachusetts
$31.8M +$1.76M +76,856 +7%
Millennium Management
15
Millennium Management
New York
$30.5M -$5.54M -241,828 -17%
TCA
16
Tortoise Capital Advisors
Kansas
$26.9M -$3M -130,946 -11%
BFA
17
BlackRock Fund Advisors
California
$23.9M -$4.98M -217,450 -19%
T. Rowe Price Associates
18
T. Rowe Price Associates
Maryland
$20.9M -$2.31M -101,000 -11%
Massachusetts Financial Services
19
Massachusetts Financial Services
Massachusetts
$19.9M -$809K -35,300 -4%
State Street
20
State Street
Massachusetts
$18.9M -$1M -43,794 -6%
TCIM
21
TIAA CREF Investment Management
New York
$17.9M -$403K -17,600 -2%
Principal Financial Group
22
Principal Financial Group
Iowa
$17.4M +$218K +9,494 +1%
TA
23
Teachers Advisors
New York
$17.3M -$94.9K -4,142 -0.6%
Renaissance Technologies
24
Renaissance Technologies
New York
$17M +$3.6M +156,962 +32%
BCM
25
BBT Capital Management
Texas
$16.4M

CWEN Hedge Fund Activity: Q2 2014 in Review

125 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Clearway Energy Class C (CWEN) for Q2 2014, worth a combined $1.29B — down 16% 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 $1.29B of Clearway Energy Class C stock for Q2 2014, down 16% 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.