Clearway Energy Class C
CWEN
135 hedge funds and large institutions have $730M invested in Clearway Energy Class C in 2015 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 59 increasing their positions, 34 reducing their positions, and 40 closing their positions.
74% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 34
40% more call options, than puts
Call options by funds: $1.15M | Put options by funds: $825K
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.28% less ownership
Funds ownership: 102.37% → 101.09% (-1.3%)
6% less funds holding
Funds holding: 143 → 135 (-8)
20% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 40
45% less capital invested
Capital invested by funds: $1.32B → $730M (-$590M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Passport Capital
San Francisco,
California
|
+$63.3M |
| 2 |
LCS
Levin Capital Strategies
New York
|
+$29.7M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
+$28M |
| 4 |
Bank of New York Mellon
New York
|
+$21.6M |
| 5 |
ACM
Archer Capital Management
New York
|
+$20.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$58.3M |
| 2 |
ZP
Zimmer Partners
New York
|
-$26.4M |
| 3 |
Millennium Management
New York
|
-$20.4M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$19.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$15.4M |
CWEN Hedge Fund Activity: Q3 2015 in Review
135 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Clearway Energy Class C (CWEN) for Q3 2015, worth a combined $730M — down 45% from $1.32B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of CWEN and 32 opened new positions — a net loss of 8 holders — while 34 trimmed existing stakes and 59 added.
The largest buyer was Passport Capital, opening a new position worth an estimated $63.3M. The largest seller was Fidelity Investments, cutting an estimated $58.3M.
- 135 institutional investors held Clearway Energy Class C (CWEN) as of Q3 2015, down from 143 in Q2 2015.
- Funds reported $730M of Clearway Energy Class C stock for Q3 2015, down 45% quarter-over-quarter.
- 32 funds opened new Clearway Energy Class C positions in Q3 2015 and 40 closed out, a net change of -8 holders.
- The largest Clearway Energy Class C buyer in Q3 2015 was Passport Capital, an estimated $63.3M added.
- The largest Clearway Energy Class C seller in Q3 2015 was Fidelity Investments, an estimated $58.3M sold.
Based on aggregated 13F filings for Q3 2015.