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TERP

TerraForm Power, Inc
TERP

Delisted

TERP was delisted on the 30th of July, 2020.

93 hedge funds and large institutions have $864M invested in TerraForm Power, Inc in 2017 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 18 increasing their positions, 40 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

250% more funds holding in top 10

Funds holding in top 10: 27 (+5)

17% more capital invested

Capital invested by funds: $738M → $864M (+$126M)

2% more funds holding

Funds holding: 9193 (+2)

9% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 32

55% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 40

67% less call options, than puts

Call options by funds: $376K | Put options by funds: $1.14M

Holders
93
Holders Change
+2
Holders Change %
+2.2%
% of All Funds
2.11%
Holding in Top 10
7
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+250%
% of All Funds
0.16%
New
35
Increased
18
Reduced
40
Closed
32
Calls
$376K
Puts
$1.14M
Net Calls
-$759K
Net Calls Change
+$8.13M
Name Holding Trade Value Shares
Change
Change in
Stake
SVP
1
Strategic Value Partners
Connecticut
$166M +$174M +13,904,890 New
BC
2
Brookfield Corp
Ontario, Canada
$125M +$130M +10,450,000 New
BlackRock
3
BlackRock
New York
$65.3M -$1.15M -92,074 -2%
AL
4
Appaloosa LP
New Jersey
$55.6M -$48.8M -3,907,325 -46%
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$45.3M +$42.9M +3,434,021 +961%
AGC
6
Angelo Gordon & Co
New York
$44.8M -$27.9M -2,235,122 -37%
PSAMP
7
P. Schoenfeld Asset Management (PSAM)
New York
$40.1M +$41.8M +3,352,869 New
EA
8
Ecofin Advisors
United Kingdom
$35.1M +$19.4M +1,553,675 +113%
CCP
9
Cyrus Capital Partners
New York
$34.9M +$36.4M +2,916,608 New
Vanguard Group
10
Vanguard Group
Pennsylvania
$32.1M -$58.1M -4,657,549 -63%
SCM
11
Stonehill Capital Management
New York
$27M +$28.1M +2,255,731 New
Morgan Stanley
12
Morgan Stanley
New York
$22.8M -$13.9M -1,117,164 -37%
HCM
13
Highbridge Capital Management
New York
$22.3M +$23.2M +1,860,839 New
Baillie Gifford & Co
14
Baillie Gifford & Co
United Kingdom
$19M -$10M -802,572 -34%
GC
15
Guggenheim Capital
Illinois
$12.8M -$1.37M -109,861 -9%
State Street
16
State Street
Massachusetts
$11.5M -$7.27M -582,854 -38%
ACI
17
AB CarVal Investors
Minnesota
$7.61M +$7.94M +636,038 New
Millennium Management
18
Millennium Management
New York
$7.57M +$7.9M +633,254 New
AWCI
19
Alpine Woods Capital Investors
New York
$7.22M -$5.99M -479,647 -44%
Invesco
20
Invesco
Georgia
$6M +$1.1M +87,976 +21%
Norges Bank
21
Norges Bank
Norway
$5.62M -$3.99M -319,663 -40%
Northern Trust
22
Northern Trust
Illinois
$5.57M -$5.84M -468,357 -50%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$4.69M -$12.5M -1,000,779 -72%
WA
24
Whitebox Advisors
Minnesota
$4.42M +$4.61M +369,702 New
CIBC Private Wealth Group
25
CIBC Private Wealth Group
Georgia
$4.29M +$4.48M +358,612 New

TERP Hedge Fund Activity: Q4 2017 in Review

93 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in TerraForm Power, Inc (TERP) for Q4 2017, worth a combined $864M — up 17% from $738M a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new TERP positions and 32 closed out — a net gain of 3 holders — while 18 added to existing stakes and 40 trimmed.

The largest buyer was Brookfield Corp, opening a new position worth an estimated $130M. The largest seller was D.E. Shaw & Co, exiting entirely with an estimated $78.6M sold.

  • 93 institutional investors held TerraForm Power, Inc (TERP) as of Q4 2017, up from 91 in Q3 2017.
  • Funds reported $864M of TerraForm Power, Inc stock for Q4 2017, up 17% quarter-over-quarter.
  • 35 funds opened new TerraForm Power, Inc positions in Q4 2017 and 32 closed out, a net change of +3 holders.
  • The largest TerraForm Power, Inc buyer in Q4 2017 was Brookfield Corp, an estimated $130M added.
  • The largest TerraForm Power, Inc seller in Q4 2017 was D.E. Shaw & Co, an estimated $78.6M sold.

Based on aggregated 13F filings for Q4 2017.