Clearway Energy Class C
CWEN
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.
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: 2 → 3 (+1)
40% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 42
16% more funds holding
Funds holding: 129 → 149 (+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%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Electron Capital Partners
New York
|
+$9.51M |
| 2 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$9.38M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$8.46M |
| 4 |
HAM
Hillcrest Asset Management
Plano,
Texas
|
+$8.07M |
| 5 |
CCM
Crestwood Capital Management
New York
|
+$4.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$35.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$23.8M |
| 3 |
SCM
Steadfast Capital Management
New York
|
-$23.5M |
| 4 |
PC
Passport Capital
San Francisco,
California
|
-$11.4M |
| 5 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$7.65M |
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.