TerraForm Power, Inc
TERP
TERP was delisted on the 30th of July, 2020.
180 hedge funds and large institutions have $3.2B invested in TerraForm Power, Inc in 2019 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 77 increasing their positions, 38 reducing their positions, and 25 closing their positions.
108% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 25
103% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 38
17% more funds holding
Funds holding: 154 → 180 (+26)
9% more call options, than puts
Call options by funds: $1M | Put options by funds: $922K
9% less capital invested
Capital invested by funds: $3.54B → $3.2B (-$334M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$56.3M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$48.1M |
| 3 |
CIA
ClearBridge Investments (Australia)
Sydney,
Australia
|
+$31.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.3M |
| 5 |
JP Morgan Chase
New York
|
+$18.4M |
Top Sellers
| 1 |
Bank of New York Mellon
New York
|
-$21.7M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$10.4M |
| 3 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$8.07M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$7.84M |
| 5 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$6.54M |
TERP Hedge Fund Activity: Q4 2019 in Review
180 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in TerraForm Power, Inc (TERP) for Q4 2019, worth a combined $3.2B — down 9.4% from $3.54B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new TERP positions and 25 closed out — a net gain of 27 holders — while 77 added to existing stakes and 38 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $56.3M. The largest seller was Bank of New York Mellon, cutting an estimated $21.7M.
- 180 institutional investors held TerraForm Power, Inc (TERP) as of Q4 2019, up from 154 in Q3 2019.
- Funds reported $3.2B of TerraForm Power, Inc stock for Q4 2019, down 9.4% quarter-over-quarter.
- 52 funds opened new TerraForm Power, Inc positions in Q4 2019 and 25 closed out, a net change of +27 holders.
- The largest TerraForm Power, Inc buyer in Q4 2019 was Royal Bank of Canada, an estimated $56.3M added.
- The largest TerraForm Power, Inc seller in Q4 2019 was Bank of New York Mellon, an estimated $21.7M sold.
Based on aggregated 13F filings for Q4 2019.