Plug Power
PLUG
473 hedge funds and large institutions have $1.04B invested in Plug Power in 2024 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 159 increasing their positions, 123 reducing their positions, and 74 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 159 | Existing positions reduced: 123
3% less funds holding
Funds holding: 488 → 473 (-15)
6.54% less ownership
Funds ownership: 50.04% → 43.51% (-6.5%)
16% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 74
24% less capital invested
Capital invested by funds: $1.36B → $1.04B (-$327M)
24% less call options, than puts
Call options by funds: $112M | Put options by funds: $148M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$14.1M |
| 2 |
Coatue Management
New York
|
+$12.8M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$10M |
| 4 |
D.E. Shaw & Co
New York
|
+$7.62M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$6.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Asset Management
Paris,
France
|
-$25.8M |
| 2 |
Morgan Stanley
New York
|
-$17.6M |
| 3 |
BlackRock
New York
|
-$11.5M |
| 4 |
Handelsbanken Fonder
Stockholm,
Sweden
|
-$10.3M |
| 5 |
UM
UniSuper Management
Melbourne, Victoria,
Australia
|
-$9.29M |
PLUG Hedge Fund Activity: Q1 2024 in Review
473 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Plug Power (PLUG) for Q1 2024, worth a combined $1.04B — down 24% from $1.36B a quarter earlier.
Sellers outnumbered buyers: 74 funds closed out of PLUG and 62 opened new positions — a net loss of 12 holders — while 123 trimmed existing stakes and 159 added.
The largest buyer was Citadel Advisors, adding an estimated $14.1M. The largest seller was BNP Paribas Asset Management, cutting an estimated $25.8M.
- 473 institutional investors held Plug Power (PLUG) as of Q1 2024, down from 488 in Q4 2023.
- Funds reported $1.04B of Plug Power stock for Q1 2024, down 24% quarter-over-quarter.
- 62 funds opened new Plug Power positions in Q1 2024 and 74 closed out, a net change of -12 holders.
- The largest Plug Power buyer in Q1 2024 was Citadel Advisors, an estimated $14.1M added.
- The largest Plug Power seller in Q1 2024 was BNP Paribas Asset Management, an estimated $25.8M sold.
Based on aggregated 13F filings for Q1 2024.