Spruce Power Holding Corp
SPRU
32 hedge funds and large institutions have $140M invested in Spruce Power Holding Corp in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
51% more capital invested
Capital invested by funds: $92.7M → $140M (+$47.3M)
14% more funds holding
Funds holding: 28 → 32 (+4)
2.6% more ownership
Funds ownership: 5.07% → 7.67% (+2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$14.1M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$12.9M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
+$9.89M |
| 4 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$8.36M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$8.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LA
Linden Advisors
New York
|
-$14.1M |
| 2 |
FIG
Fortress Investment Group
New York
|
-$6.46M |
| 3 |
SRCM
Sage Rock Capital Management
New York
|
-$5.96M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
-$4.47M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.79M |
SPRU Hedge Fund Activity: Q1 2020 in Review
32 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Spruce Power Holding Corp (SPRU) for Q1 2020, worth a combined $140M — up 51% from $92.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SPRU positions and 6 closed out — a net gain of 4 holders — while 11 added to existing stakes and 7 trimmed.
The largest buyer was Bank of Montreal, opening a new position worth an estimated $14.1M. The largest seller was Linden Advisors, cutting an estimated $14.1M.
- 32 institutional investors held Spruce Power Holding Corp (SPRU) as of Q1 2020, up from 28 in Q4 2019.
- Funds reported $140M of Spruce Power Holding Corp stock for Q1 2020, up 51% quarter-over-quarter.
- 10 funds opened new Spruce Power Holding Corp positions in Q1 2020 and 6 closed out, a net change of +4 holders.
- The largest Spruce Power Holding Corp buyer in Q1 2020 was Bank of Montreal, an estimated $14.1M added.
- The largest Spruce Power Holding Corp seller in Q1 2020 was Linden Advisors, an estimated $14.1M sold.
Based on aggregated 13F filings for Q1 2020.