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Clearway Energy Class C

123 hedge funds and large institutions have $923M invested in Clearway Energy Class C in 2015 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 49 increasing their positions, 43 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

104% more call options, than puts

Call options by funds: $3.36M | Put options by funds: $1.65M

26% more capital invested

Capital invested by funds: $730M → $923M (+$193M)

14% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 43

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.46% less ownership

Funds ownership: 101.09%100.63% (-0.46%)

9% less funds holding

Funds holding: 135123 (-12)

32% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 31

Holders
123
Holders Change
-12
Holders Change %
-8.89%
% of All Funds
3.23%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
21
Increased
49
Reduced
43
Closed
31
Calls
$3.36M
Puts
$1.65M
Net Calls
+$1.71M
Net Calls Change
+$1.38M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$71.4M +$11.5M +801,958 +20%
Morgan Stanley
2
Morgan Stanley
New York
$69.9M -$2.09M -145,937 -3%
Jennison Associates
3
Jennison Associates
New York
$65.6M -$1.03M -71,830 -2%
Vanguard Group
4
Vanguard Group
Pennsylvania
$64.8M +$1.77M +123,535 +3%
PC
5
Passport Capital
California
$63.1M +$8.72M +609,097 +17%
Bank of New York Mellon
6
Bank of New York Mellon
New York
$55.9M +$21.9M +1,529,915 +68%
Neuberger Berman Group
7
Neuberger Berman Group
New York
$48.3M -$20.7M -1,443,738 -31%
Massachusetts Financial Services
8
Massachusetts Financial Services
Massachusetts
$38.3M +$5.2M +363,485 +16%
ACM
9
Archer Capital Management
New York
$35.1M +$17.4M +1,213,346 +104%
SCM
10
Steadfast Capital Management
New York
$28.9M +$1.4M +97,726 +5%
LCS
11
Levin Capital Strategies
New York
$25M -$10.1M -702,525 -29%
AR
12
Advisory Research
Illinois
$23.5M +$17M +1,184,996 +289%
BFA
13
BlackRock Fund Advisors
California
$22.1M +$907K +63,391 +4%
BIT
14
BlackRock Institutional Trust
California
$21.4M +$686K +47,903 +3%
SCA
15
Salient Capital Advisors
Texas
$18.5M -$2.66M -185,785 -13%
BCM
16
BBT Capital Management
Texas
$16.9M +$16.3M +1,141,736 New
Bank of America
17
Bank of America
North Carolina
$16.8M -$427K -29,813 -3%
OCM
18
Osterweis Capital Management
California
$15M -$7.85M -548,730 -35%
State Street
19
State Street
Massachusetts
$14.7M +$225K +15,723 +2%
Millennium Management
20
Millennium Management
New York
$14M -$707K -49,422 -5%
BA
21
BlackRock Advisors
Delaware
$9.9M -$128K -8,963 -1%
KACA
22
Kayne Anderson Capital Advisors
California
$9.7M +$2.12M +147,800 +29%
Northern Trust
23
Northern Trust
Illinois
$9.67M +$406K +28,388 +5%
Point72 Asset Management
24
Point72 Asset Management
Connecticut
$9.64M +$2.02M +140,800 +27%
PI
25
Putnam Investments
Massachusetts
$9.61M +$9.31M +650,771 New

CWEN Hedge Fund Activity: Q4 2015 in Review

123 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Clearway Energy Class C (CWEN) for Q4 2015, worth a combined $923M — up 26% from $730M a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of CWEN and 21 opened new positions — a net loss of 10 holders — while 43 trimmed existing stakes and 49 added.

The largest buyer was Bank of New York Mellon, adding an estimated $21.9M. The largest seller was Neuberger Berman Group, cutting an estimated $20.7M.

  • 123 institutional investors held Clearway Energy Class C (CWEN) as of Q4 2015, down from 135 in Q3 2015.
  • Funds reported $923M of Clearway Energy Class C stock for Q4 2015, up 26% quarter-over-quarter.
  • 21 funds opened new Clearway Energy Class C positions in Q4 2015 and 31 closed out, a net change of -10 holders.
  • The largest Clearway Energy Class C buyer in Q4 2015 was Bank of New York Mellon, an estimated $21.9M added.
  • The largest Clearway Energy Class C seller in Q4 2015 was Neuberger Berman Group, an estimated $20.7M sold.

Based on aggregated 13F filings for Q4 2015.