TerraForm Power, Inc
TERP
TERP was delisted on the 30th of July, 2020.
145 hedge funds and large institutions have $2.79B invested in TerraForm Power, Inc in 2019 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 66 increasing their positions, 29 reducing their positions, and 19 closing their positions.
231% more call options, than puts
Call options by funds: $2.55M | Put options by funds: $769K
128% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 29
74% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 19
9% more funds holding
Funds holding: 133 → 145 (+12)
4% more capital invested
Capital invested by funds: $2.67B → $2.79B (+$111M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$30.9M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$20.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$13M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$11M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$7.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SVP
Strategic Value Partners
Greenwich,
Connecticut
|
-$118M |
| 2 |
ACI
AB CarVal Investors
Minneapolis,
Minnesota
|
-$10.3M |
| 3 |
CIA
ClearBridge Investments (Australia)
Sydney,
Australia
|
-$9.27M |
| 4 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$2.39M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
-$2.39M |
TERP Hedge Fund Activity: Q2 2019 in Review
145 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in TerraForm Power, Inc (TERP) for Q2 2019, worth a combined $2.79B — up 4.2% from $2.67B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new TERP positions and 19 closed out — a net gain of 14 holders — while 66 added to existing stakes and 29 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $30.9M. The largest seller was Strategic Value Partners, exiting entirely with an estimated $118M sold.
- 145 institutional investors held TerraForm Power, Inc (TERP) as of Q2 2019, up from 133 in Q1 2019.
- Funds reported $2.79B of TerraForm Power, Inc stock for Q2 2019, up 4.2% quarter-over-quarter.
- 33 funds opened new TerraForm Power, Inc positions in Q2 2019 and 19 closed out, a net change of +14 holders.
- The largest TerraForm Power, Inc buyer in Q2 2019 was Renaissance Technologies, an estimated $30.9M added.
- The largest TerraForm Power, Inc seller in Q2 2019 was Strategic Value Partners, an estimated $118M sold.
Based on aggregated 13F filings for Q2 2019.