Clearway Energy Class C
CWEN
146 hedge funds and large institutions have $970M invested in Clearway Energy Class C in 2016 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 65 increasing their positions, 41 reducing their positions, and 23 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 41
38% more call options, than puts
Call options by funds: $4.88M | Put options by funds: $3.55M
8% more capital invested
Capital invested by funds: $900M → $970M (+$70.1M)
0.84% less ownership
Funds ownership: 91.93% → 91.09% (-0.84%)
9% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 23
2% less funds holding
Funds holding: 149 → 146 (-3)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$38.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$14.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.13M |
| 4 |
Credit Agricole
Montrouge Cedex,
France
|
+$7.69M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$5.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Archer Capital Management
New York
|
-$24.8M |
| 2 |
OCM
Osterweis Capital Management
San Francisco,
California
|
-$14.9M |
| 3 |
SCM
Steadfast Capital Management
New York
|
-$14.6M |
| 4 |
ECP
Electron Capital Partners
New York
|
-$10.7M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$8.66M |
CWEN Hedge Fund Activity: Q3 2016 in Review
146 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Clearway Energy Class C (CWEN) for Q3 2016, worth a combined $970M — up 7.8% from $900M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of CWEN and 21 opened new positions — a net loss of 2 holders — while 41 trimmed existing stakes and 65 added.
The largest buyer was Morgan Stanley, adding an estimated $38.6M. The largest seller was Archer Capital Management, exiting entirely with an estimated $24.8M sold.
- 146 institutional investors held Clearway Energy Class C (CWEN) as of Q3 2016, down from 149 in Q2 2016.
- Funds reported $970M of Clearway Energy Class C stock for Q3 2016, up 7.8% quarter-over-quarter.
- 21 funds opened new Clearway Energy Class C positions in Q3 2016 and 23 closed out, a net change of -2 holders.
- The largest Clearway Energy Class C buyer in Q3 2016 was Morgan Stanley, an estimated $38.6M added.
- The largest Clearway Energy Class C seller in Q3 2016 was Archer Capital Management, an estimated $24.8M sold.
Based on aggregated 13F filings for Q3 2016.