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Clearway Energy Class C

185 hedge funds and large institutions have $1.17B invested in Clearway Energy Class C in 2018 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 59 increasing their positions, 53 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

340% more call options, than puts

Call options by funds: $3.76M | Put options by funds: $854K

38% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 26

17% more capital invested

Capital invested by funds: $1B → $1.17B (+$166M)

11% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 53

4% more funds holding

Funds holding: 178185 (+7)

6.36% less ownership

Funds ownership: 89.24%82.88% (-6.4%)

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
185
Holders Change
+7
Holders Change %
+3.93%
% of All Funds
4.23%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.07%
New
36
Increased
59
Reduced
53
Closed
26
Calls
$3.76M
Puts
$854K
Net Calls
+$2.9M
Net Calls Change
-$18.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$133M +$13.2M +691,146 +11%
BlackRock
2
BlackRock
New York
$94.7M +$1.82M +95,307 +2%
Neuberger Berman Group
3
Neuberger Berman Group
New York
$91.9M +$4.91M +257,483 +6%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$83.5M +$67.5M +3,538,015 +443%
Bank of New York Mellon
5
Bank of New York Mellon
New York
$81M +$6.04M +316,484 +8%
Morgan Stanley
6
Morgan Stanley
New York
$68M -$8.15M -427,070 -11%
Jennison Associates
7
Jennison Associates
New York
$58.4M +$4.03M +211,292 +7%
CIA
8
ClearBridge Investments (Australia)
Australia
$42.1M -$43.8M -2,297,696 -51%
Renaissance Technologies
9
Renaissance Technologies
New York
$38M +$14.8M +773,848 +64%
Norges Bank
10
Norges Bank
Norway
$34.5M -$7.96M -417,232 -19%
State Street
11
State Street
Massachusetts
$24.7M +$1.15M +60,483 +5%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$22.7M +$506K +26,507 +2%
BIC
13
Beach Investment Counsel
Pennsylvania
$22.5M +$107K +5,600 +0.5%
State of Wisconsin Investment Board
14
State of Wisconsin Investment Board
Wisconsin
$22.5M +$1.23M +64,419 +6%
JP Morgan Chase
15
JP Morgan Chase
New York
$19.5M -$3.04M -159,322 -14%
Bank of America
16
Bank of America
North Carolina
$16.4M -$921K -48,259 -5%
Prudential Financial
17
Prudential Financial
New Jersey
$16.2M -$200K -10,494 -1%
Northern Trust
18
Northern Trust
Illinois
$15.5M +$1.05M +55,212 +7%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$14.4M +$634K +33,243 +5%
Massachusetts Financial Services
20
Massachusetts Financial Services
Massachusetts
$14.2M
Robeco Institutional Asset Management
21
Robeco Institutional Asset Management
Netherlands
$13.1M +$202K +10,600 +2%
NIM
22
NXG Investment Management
Texas
$10.6M +$1.19M +62,565 +13%
Balyasny Asset Management
23
Balyasny Asset Management
Illinois
$10.5M +$9.94M +520,894 +2,253%
HAM
24
Hillcrest Asset Management
Texas
$10.2M -$269K -14,097 -3%
Mirae Asset Global Investments
25
Mirae Asset Global Investments
South Korea
$9.83M +$9.75M +510,820 New

CWEN Hedge Fund Activity: Q3 2018 in Review

185 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Clearway Energy Class C (CWEN) for Q3 2018, worth a combined $1.17B — up 17% from $1B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new CWEN positions and 26 closed out — a net gain of 10 holders — while 59 added to existing stakes and 53 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $67.5M. The largest seller was ClearBridge Investments (Australia), cutting an estimated $43.8M.

  • 185 institutional investors held Clearway Energy Class C (CWEN) as of Q3 2018, up from 178 in Q2 2018.
  • Funds reported $1.17B of Clearway Energy Class C stock for Q3 2018, up 17% quarter-over-quarter.
  • 36 funds opened new Clearway Energy Class C positions in Q3 2018 and 26 closed out, a net change of +10 holders.
  • The largest Clearway Energy Class C buyer in Q3 2018 was Fidelity Investments, an estimated $67.5M added.
  • The largest Clearway Energy Class C seller in Q3 2018 was ClearBridge Investments (Australia), an estimated $43.8M sold.

Based on aggregated 13F filings for Q3 2018.