TerraForm Power, Inc
TERP
TERP was delisted on the 30th of July, 2020.
144 hedge funds and large institutions have $690M invested in TerraForm Power, Inc in 2016 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 51 increasing their positions, 39 reducing their positions, and 34 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 39
6% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 34
1% more funds holding
Funds holding: 143 → 144 (+1)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
39% less capital invested
Capital invested by funds: $1.12B → $690M (-$435M)
77% less call options, than puts
Call options by funds: $4.61M | Put options by funds: $20.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$24.5M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$19.7M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$9.71M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$7.45M |
| 5 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
+$5.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
-$75M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$49.4M |
| 3 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$15M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$12.4M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$11.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AFP
176
Ausdal Financial Partners
Davenport,
Iowa
| – | -$1K | -45 | Closed |
|
177
BNP Paribas Financial Markets
Paris,
France
| – | -$100 | -8 | Closed |
|
TERP Hedge Fund Activity: Q1 2016 in Review
144 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in TerraForm Power, Inc (TERP) for Q1 2016, worth a combined $690M — down 39% from $1.12B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new TERP positions and 34 closed out — a net gain of 2 holders — while 51 added to existing stakes and 39 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $24.5M. The largest seller was Luxor Capital Group, exiting entirely with an estimated $75M sold.
- 144 institutional investors held TerraForm Power, Inc (TERP) as of Q1 2016, up from 143 in Q4 2015.
- Funds reported $690M of TerraForm Power, Inc stock for Q1 2016, down 39% quarter-over-quarter.
- 36 funds opened new TerraForm Power, Inc positions in Q1 2016 and 34 closed out, a net change of +2 holders.
- The largest TerraForm Power, Inc buyer in Q1 2016 was Morgan Stanley, an estimated $24.5M added.
- The largest TerraForm Power, Inc seller in Q1 2016 was Luxor Capital Group, an estimated $75M sold.
Based on aggregated 13F filings for Q1 2016.