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Clearway Energy Class C

149 hedge funds and large institutions have $900M invested in Clearway Energy Class C in 2016 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 59 increasing their positions, 42 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 11

184% more call options, than puts

Call options by funds: $9.94M | Put options by funds: $3.5M

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

40% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 42

16% more funds holding

Funds holding: 129149 (+20)

5% more capital invested

Capital invested by funds: $855M → $900M (+$44.5M)

4.4% less ownership

Funds ownership: 96.33%91.93% (-4.4%)

Holders
149
Holders Change
+20
Holders Change %
+15.5%
% of All Funds
3.98%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
33
Increased
59
Reduced
42
Closed
11
Calls
$9.94M
Puts
$3.5M
Net Calls
+$6.44M
Net Calls Change
+$1.45M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of New York Mellon
1
Bank of New York Mellon
New York
$79.3M +$1.44M +94,817 +2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$72.3M +$4.18M +274,155 +6%
Morgan Stanley
3
Morgan Stanley
New York
$70.4M +$3.21M +210,951 +5%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$54.7M -$23.8M -1,562,369 -31%
PC
5
Passport Capital
California
$54.6M -$11.4M -750,000 -18%
Massachusetts Financial Services
6
Massachusetts Financial Services
Massachusetts
$44.1M +$3.31M +217,589 +8%
Jennison Associates
7
Jennison Associates
New York
$33M -$35.1M -2,302,965 -52%
LCS
8
Levin Capital Strategies
New York
$28.5M -$213K -13,978 -0.8%
SCA
9
Salient Capital Advisors
Texas
$25.9M +$4.11M +269,844 +19%
BIT
10
BlackRock Institutional Trust
California
$25.4M +$1.68M +110,044 +7%
ACM
11
Archer Capital Management
New York
$24.8M -$5.63M -369,500 -19%
OCM
12
Osterweis Capital Management
California
$24M -$944K -61,960 -4%
BFA
13
BlackRock Fund Advisors
California
$23.8M +$830K +54,531 +4%
AR
14
Advisory Research
Illinois
$20.8M -$2.69M -176,320 -12%
Bank of America
15
Bank of America
North Carolina
$20.2M +$573K +37,633 +3%
State Street
16
State Street
Massachusetts
$16M +$236K +15,468 +2%
SCM
17
Steadfast Capital Management
New York
$14.6M -$23.5M -1,543,921 -62%
BIC
18
Beach Investment Counsel
Pennsylvania
$14.5M +$4.68M +307,546 +49%
PI
19
Putnam Investments
Massachusetts
$13.9M +$2.41M +158,357 +22%
BCM
20
BBT Capital Management
Texas
$11.3M
Northern Trust
21
Northern Trust
Illinois
$10.4M +$135K +8,853 +1%
ECP
22
Electron Capital Partners
New York
$10.2M +$9.51M +624,303 +2,166%
AWCI
23
Alpine Woods Capital Investors
New York
$10.2M
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$9.69M +$4.92M +323,136 +108%
ECM
25
Evergreen Capital Management
Washington
$9.6M +$9.38M +615,885 New

CWEN Hedge Fund Activity: Q2 2016 in Review

149 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Clearway Energy Class C (CWEN) for Q2 2016, worth a combined $900M — up 5.2% from $855M a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new CWEN positions and 11 closed out — a net gain of 22 holders — while 59 added to existing stakes and 42 trimmed.

The largest buyer was Electron Capital Partners, adding an estimated $9.51M. The largest seller was Jennison Associates, cutting an estimated $35.1M.

  • 149 institutional investors held Clearway Energy Class C (CWEN) as of Q2 2016, up from 129 in Q1 2016.
  • Funds reported $900M of Clearway Energy Class C stock for Q2 2016, up 5.2% quarter-over-quarter.
  • 33 funds opened new Clearway Energy Class C positions in Q2 2016 and 11 closed out, a net change of +22 holders.
  • The largest Clearway Energy Class C buyer in Q2 2016 was Electron Capital Partners, an estimated $9.51M added.
  • The largest Clearway Energy Class C seller in Q2 2016 was Jennison Associates, an estimated $35.1M sold.

Based on aggregated 13F filings for Q2 2016.