Plug Power
PLUG
514 hedge funds and large institutions have $2.56B invested in Plug Power in 2023 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 184 increasing their positions, 136 reducing their positions, and 77 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 184 | Existing positions reduced: 136
0.6% more ownership
Funds ownership: 55.3% → 55.9% (+0.6%)
4% less funds holding
Funds holding: 535 → 514 (-21)
11% less call options, than puts
Call options by funds: $292M | Put options by funds: $330M
14% less first-time investments, than exits
New positions opened: 66 | Existing positions closed: 77
26% less capital invested
Capital invested by funds: $3.45B → $2.56B (-$895M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$101M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$24.3M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$20.4M |
| 4 |
ECP
Electron Capital Partners
New York
|
+$17.3M |
| 5 |
Millennium Management
New York
|
+$16.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$30.9M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$24.2M |
| 3 |
Coatue Management
New York
|
-$22.8M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$18.9M |
| 5 |
Korea Investment Corp
Seoul,
South Korea
|
-$17.6M |
PLUG Hedge Fund Activity: Q3 2023 in Review
514 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Plug Power (PLUG) for Q3 2023, worth a combined $2.56B — down 26% from $3.45B a quarter earlier.
Sellers outnumbered buyers: 77 funds closed out of PLUG and 66 opened new positions — a net loss of 11 holders — while 136 trimmed existing stakes and 184 added.
The largest buyer was Morgan Stanley, adding an estimated $101M. The largest seller was BlackRock, cutting an estimated $30.9M.
- 514 institutional investors held Plug Power (PLUG) as of Q3 2023, down from 535 in Q2 2023.
- Funds reported $2.56B of Plug Power stock for Q3 2023, down 26% quarter-over-quarter.
- 66 funds opened new Plug Power positions in Q3 2023 and 77 closed out, a net change of -11 holders.
- The largest Plug Power buyer in Q3 2023 was Morgan Stanley, an estimated $101M added.
- The largest Plug Power seller in Q3 2023 was BlackRock, an estimated $30.9M sold.
Based on aggregated 13F filings for Q3 2023.