TerraForm Power, Inc
TERP
TERP was delisted on the 30th of July, 2020.
100 hedge funds and large institutions have $892M invested in TerraForm Power, Inc in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 27 increasing their positions, 30 reducing their positions, and 18 closing their positions.
8% less funds holding
Funds holding: 109 → 100 (-9)
10% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 30
18% less capital invested
Capital invested by funds: $1.09B → $892M (-$194M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
50% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 18
53% less call options, than puts
Call options by funds: $5.25M | Put options by funds: $11.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$12.4M |
| 2 |
AGC
Angelo Gordon & Co
New York
|
+$8.51M |
| 3 |
Millennium Management
New York
|
+$3.25M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.82M |
| 5 |
ACM
Aquamarine Capital Management
New York
|
+$2.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Credit Agricole
Montrouge Cedex,
France
|
-$159M |
| 2 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$11.3M |
| 3 |
AFA
Alta Fundamental Advisers
New York
|
-$6.64M |
| 4 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$5.01M |
| 5 |
BlackRock
New York
|
-$4.64M |
TERP Hedge Fund Activity: Q2 2017 in Review
100 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in TerraForm Power, Inc (TERP) for Q2 2017, worth a combined $892M — down 18% from $1.09B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of TERP and 9 opened new positions — a net loss of 9 holders — while 30 trimmed existing stakes and 27 added.
The largest buyer was Magnetar Financial, adding an estimated $12.4M. The largest seller was Credit Agricole, exiting entirely with an estimated $159M sold.
- 100 institutional investors held TerraForm Power, Inc (TERP) as of Q2 2017, down from 109 in Q1 2017.
- Funds reported $892M of TerraForm Power, Inc stock for Q2 2017, down 18% quarter-over-quarter.
- 9 funds opened new TerraForm Power, Inc positions in Q2 2017 and 18 closed out, a net change of -9 holders.
- The largest TerraForm Power, Inc buyer in Q2 2017 was Magnetar Financial, an estimated $12.4M added.
- The largest TerraForm Power, Inc seller in Q2 2017 was Credit Agricole, an estimated $159M sold.
Based on aggregated 13F filings for Q2 2017.