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Published on 26 Oct 2021 on Insider Monkey via Yahoo Finance

Here is What Hedge Funds Think About Brookfield Renewable Partners L.P. (BEP)


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A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period that ended June 30th, so let’s proceed with the discussion of the hedge fund sentiment on Brookfield Renewable Partners L.P. (NYSE:BEP).

Brookfield Renewable Partners L.P. (NYSE:BEP) has seen a decrease in hedge fund interest recently. Brookfield Renewable Partners L.P. (NYSE:BEP) was in 20 hedge funds' portfolios at the end of the second quarter of 2021. The all time high for this statistic is 24. There were 24 hedge funds in our database with BEP positions at the end of the first quarter. Our calculations also showed that BEP isn't among the 30 most popular stocks among hedge funds (click for Q2 rankings).

If you'd ask most investors, hedge funds are perceived as unimportant, old financial vehicles of the past. While there are greater than 8000 funds trading at present, We look at the elite of this group, around 850 funds. These investment experts administer the majority of all hedge funds' total capital, and by keeping an eye on their top equity investments, Insider Monkey has unearthed a few investment strategies that have historically outrun the broader indices. Insider Monkey's flagship short hedge fund strategy defeated the S&P 500 short ETFs by around 20 percentage points a year since its inception in March 2017. Also, our monthly newsletter's portfolio of long stock picks returned 185.4% since March 2017 (through August 2021) and beat the S&P 500 Index by more than 79 percentage points. You can download a sample issue of this newsletter on our website.

NYSE.BEP price evolution
NYSE.BHC price evolution
TSX.BEP-UN price evolution
NYSE.BEPC price evolution

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