TerraForm Power, Inc
TERP
TERP was delisted on the 30th of July, 2020.
162 hedge funds and large institutions have $1.17B invested in TerraForm Power, Inc in 2015 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 70 increasing their positions, 37 reducing their positions, and 49 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 37
9% more call options, than puts
Call options by funds: $20.7M | Put options by funds: $19.1M
8% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 49
3% less funds holding
Funds holding: 167 → 162 (-5)
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
60% less capital invested
Capital invested by funds: $2.94B → $1.17B (-$1.77B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Assured Investment Management
New York
|
+$136M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$58.4M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$48.5M |
| 4 |
TCA
Taconic Capital Advisors
New York
|
+$38.1M |
| 5 |
MP
MSD Partners
New York
|
+$38.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$134M |
| 2 |
Goldman Sachs
New York
|
-$64.9M |
| 3 |
SCM
Steadfast Capital Management
New York
|
-$54.1M |
| 4 |
VM
Valinor Management
New York
|
-$44M |
| 5 |
ZP
Zimmer Partners
New York
|
-$41.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OC
201
Oppenheimer & Co
New York
| – | -$353K | -9,300 | Closed |
|
|
IRF
202
IBM Retirement Fund
Armonk,
New York
| – | -$347K | -9,141 | Closed |
|
203
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$321K | -8,439 | Closed |
|
|
SI
204
Standard Investments
New York
| – | -$287K | -7,568 | Closed |
|
205
Simplex Trading
Chicago,
Illinois
| – | -$201K | -7,502 | Closed |
|
|
AB
206
Amalgamated Bank
New York
| – | -$218K | -5,743 | Closed |
|
207
Walleye Trading
New York
| – | -$22.1K | -825 | Closed |
|
|
LFR
208
Lehman Financial Resources
Media,
Pennsylvania
| – | -$7K | -200 | Closed |
|
209
Acadian Asset Management
Boston,
Massachusetts
| – | -$5K | -132 | Closed |
|
210
Fifth Third Bancorp
Cincinnati,
Ohio
| – | +$535 | +20 | New |
|
|
QCG
211
Quadrant Capital Group
Cincinnati,
Ohio
| – | +$669 | +25 | New |
|
TERP Hedge Fund Activity: Q3 2015 in Review
162 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in TerraForm Power, Inc (TERP) for Q3 2015, worth a combined $1.17B — down 60% from $2.94B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of TERP and 45 opened new positions — a net loss of 4 holders — while 37 trimmed existing stakes and 70 added.
The largest buyer was Assured Investment Management, opening a new position worth an estimated $136M. The largest seller was CI Investments Inc, exiting entirely with an estimated $134M sold.
- 162 institutional investors held TerraForm Power, Inc (TERP) as of Q3 2015, down from 167 in Q2 2015.
- Funds reported $1.17B of TerraForm Power, Inc stock for Q3 2015, down 60% quarter-over-quarter.
- 45 funds opened new TerraForm Power, Inc positions in Q3 2015 and 49 closed out, a net change of -4 holders.
- The largest TerraForm Power, Inc buyer in Q3 2015 was Assured Investment Management, an estimated $136M added.
- The largest TerraForm Power, Inc seller in Q3 2015 was CI Investments Inc, an estimated $134M sold.
Based on aggregated 13F filings for Q3 2015.