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TERP

TerraForm Power, Inc
TERP

Delisted

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

113 hedge funds and large institutions have $2.2B invested in TerraForm Power, Inc in 2018 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 47 increasing their positions, 35 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more call options, than puts

Call options by funds: $977K | Put options by funds: $594K

34% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 35

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

1% less capital invested

Capital invested by funds: $2.23B → $2.2B (-$31.9M)

3% less funds holding

Funds holding: 117113 (-4)

24% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 17

Holders
113
Holders Change
-4
Holders Change %
-3.42%
% of All Funds
2.52%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
13
Increased
47
Reduced
35
Closed
17
Calls
$977K
Puts
$594K
Net Calls
+$383K
Net Calls Change
+$190K
Name Holding Trade Value Shares
Change
Change in
Stake
BC
1
Brookfield Corp
Ontario, Canada
$1.53B
SVP
2
Strategic Value Partners
Connecticut
$113M -$10.1M -899,110 -8%
BlackRock
3
BlackRock
New York
$94.5M +$3.34M +296,683 +4%
Vanguard Group
4
Vanguard Group
Pennsylvania
$67.3M +$3.28M +291,706 +5%
Baillie Gifford & Co
5
Baillie Gifford & Co
United Kingdom
$47.8M +$25.5M +2,264,886 +113%
AL
6
Appaloosa LP
New Jersey
$30.1M -$4.25M -378,015 -12%
Renaissance Technologies
7
Renaissance Technologies
New York
$25.9M +$10.1M +896,836 +63%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$25.1M +$21.6M +1,917,382 +602%
CIA
9
ClearBridge Investments (Australia)
Australia
$24.7M +$8.98M +798,396 +57%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$23.7M +$48.9K +4,351 +0.2%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$19M +$2.42M +215,642 +15%
State Street
12
State Street
Massachusetts
$16.2M +$583K +51,866 +4%
Invesco
13
Invesco
Georgia
$14.8M -$2.69M -238,820 -15%
Morgan Stanley
14
Morgan Stanley
New York
$13M -$5.4M -479,944 -29%
Norges Bank
15
Norges Bank
Norway
$12.9M -$4.88M -433,740 -27%
D.E. Shaw & Co
16
D.E. Shaw & Co
New York
$10.9M +$2.95M +261,920 +37%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$10.8M +$979K +87,095 +10%
Northern Trust
18
Northern Trust
Illinois
$10.2M -$24.7K -2,194 -0.2%
HCM
19
Highbridge Capital Management
New York
$8.78M -$8.32M -739,809 -49%
EA
20
Ecofin Advisors
United Kingdom
$8.61M +$29.2K +2,600 +0.3%
ACI
21
AB CarVal Investors
Minnesota
$8.41M
ACH
22
ArrowMark Colorado Holdings
Colorado
$7.91M +$3.82M +340,000 +93%
PFC
23
Phocas Financial Corp
California
$5.11M -$115K -10,217 -2%
Charles Schwab
24
Charles Schwab
California
$4.87M +$79.2K +7,044 +2%
Baird Financial Group
25
Baird Financial Group
Wisconsin
$4.32M +$1.03M +91,216 +31%

TERP Hedge Fund Activity: Q4 2018 in Review

113 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in TerraForm Power, Inc (TERP) for Q4 2018, worth a combined $2.2B — down 1.4% from $2.23B a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of TERP and 13 opened new positions — a net loss of 4 holders — while 35 trimmed existing stakes and 47 added.

The largest buyer was Baillie Gifford & Co, adding an estimated $25.5M. The largest seller was Susquehanna International Group, cutting an estimated $11M.

  • 113 institutional investors held TerraForm Power, Inc (TERP) as of Q4 2018, down from 117 in Q3 2018.
  • Funds reported $2.2B of TerraForm Power, Inc stock for Q4 2018, down 1.4% quarter-over-quarter.
  • 13 funds opened new TerraForm Power, Inc positions in Q4 2018 and 17 closed out, a net change of -4 holders.
  • The largest TerraForm Power, Inc buyer in Q4 2018 was Baillie Gifford & Co, an estimated $25.5M added.
  • The largest TerraForm Power, Inc seller in Q4 2018 was Susquehanna International Group, an estimated $11M sold.

Based on aggregated 13F filings for Q4 2018.