AQN Hedge Fund Ownership (Q1 2026)

Q: Is it too late to buy Algonquin Power & Utilities (AQN) following the 2026 Q2 hedge fund 13F filings?

As of today, AQN has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the XLU sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), AQN gained +0.5% vs -2.3% for XLU. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Algonquin Power & Utilities (AQN)

244 + Investors. Track Smart Money conviction in AQN. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — AQN

Based on 247 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 6Q

For 5 consecutive quarters, more hedge funds added AQN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (95% of max)

95% of all-time peak

247 hedge funds hold AQN right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

📶

Steady growth — +8% more funds vs a year ago

fund count last 6Q

+18 new funds entered over the past year (+8% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.

🟡

Slight buying edge — 53% buying

127 buying113 selling

Last quarter: 127 funds bought or added vs 113 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

➡️

Steady new buyers — ~34 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 42 → 34 → 34 → 34. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 24% medium ■ 17% new

147 out of 247 hedge funds have held AQN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

➡️

Steady discovery — ~34 new funds/quarter

32 → 42 → 34 → 34 → 34 new funds/Q

New funds entering each quarter: 42 → 34 → 34 → 34. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🏛️

Veteran-anchored — 65% veterans vs 20% newcomers

■ 65% veterans ■ 15% 1-2yr ■ 20% new

Entry-cohort mix of 256 holders: 166 (65%) are 2+ year veterans, 39 entered 1–2 years ago, and 51 (20%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

✅

Strong quality — 39% AUM from major funds

39% from top-100 AUM funds

50 of 247 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

3.3

out of 10

Low Exit Risk

Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	244	245	-0.41%
13F Shares	510M	523M	-2.43%
Total Value	$3.10B	$3.22B	-3.67%
New Positions	33	34	-1
Increased Positions	92	83	+9
Closed Positions	34	33	+1
Reduced Positions	76	88	-12
Total Calls	7	4	75.0%
Total Puts	2	3	-33.33%
PUT/CALL Ratio	0.29	0.75	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

244

245

-0.41%

13F Shares

510M

523M

-2.43%

Total Value

$3.10B

$3.22B

-3.67%

New Positions

-1

Increased Positions

Closed Positions

Reduced Positions

-12

Total Calls

75.0%

Total Puts

-33.33%

PUT/CALL Ratio

0.29

0.75

Bullish

Institutional Holders (2026 Q2)

244 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in AQN. Verified SEC 13F-HR filings.

QUARTER:

2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 AQN holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Starboard Value LP	7.41%	57,189,420	$335.1M
2	EdgePoint Investment Group Inc.	3.92%	88,374,416	$519.2M
3	Private Management Group Inc	0.97%	6,275,813	$36.8M
4	Greenland Capital Management LP	0.71%	975,010	$5.7M
5	Tacita Capital Inc	0.67%	210,803	$1.2M
6	Intact Investment Management INC.	0.62%	3,714,919	$21.8M
7	RWC Asset Management LLP	0.51%	2,317,719	$13.6M
8	BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp	0.50%	13,576,227	$79.8M
9	Ariel Investments, LLC	0.39%	6,608,611	$38.7M
10	Heartland Advisors Inc	0.36%	1,367,030	$8.0M
11	DKRT Investments Corp.	0.25%	175,000	$1.0M
12	Krilogy Financial LLC	0.24%	1,387,400	$8.1M
13	Picton Mahoney Asset Management	0.23%	5,190,063	$30.4M
14	Quantbot Technologies LP	0.22%	972,628	$5.7M
15	PDT Partners, LLC	0.22%	725,937	$4.3M
16	111 Capital	0.22%	219,011	$1.3M
17	Mitsubishi UFJ Trust & Banking Corp	0.19%	14,817,756	$87.1M
18	Post Resch Tallon Group Inc.	0.17%	43,000	$252K
19	FIL Ltd	0.17%	39,334,903	$231.3M
20	Gamco Investors, INC. Et Al	0.17%	3,141,258	$18.4M
21	Bayesian Capital Management, LP	0.15%	40,800	$239K
22	Samalin Investment Counsel, LLC	0.13%	71,567	$419K
23	CWA Asset Management Group, LLC	0.13%	701,578	$4.1M
24	Northwest & Ethical Investments L.P.	0.10%	739,919	$4.3M
25	HITE Hedge Asset Management LLC	0.10%	300,000	$1.8M

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Algonquin Power & Utilities (AQN)

What does the Smart Money Trend signal show for AQN?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added AQN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for AQN?

Slight buying edge — 53% buying: Last quarter: 127 funds bought or added vs 113 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for AQN holders?

Strong quality — 39% AUM from major funds: 50 of 247 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held AQN?

60% of holders stayed for 2+ years: 147 out of 247 hedge funds have held AQN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Algonquin Power & Utilities (AQN) following the 2026 Q2 hedge fund 13F filings?

As of today, AQN has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the XLU sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), AQN has gained +0.5% vs -2.3% for XLU. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Algonquin Power & Utilities (AQN)

Smart Money Signals — AQN

Buying streak — 5 quarters in a row

At the ownership peak (95% of max)

Steady growth — +8% more funds vs a year ago

Slight buying edge — 53% buying

Steady new buyers — ~34 new funds per quarter

60% of holders stayed for 2+ years

Steady discovery — ~34 new funds/quarter

Veteran-anchored — 65% veterans vs 20% newcomers

Strong quality — 39% AUM from major funds

Institutional Sentiment Summary — AQN

Hedge Fund Ownership: AQN

Market Analysis: AQN

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: AQN

Is It Too Late to Buy Algonquin Power & Utilities (AQN) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: AQN

Statistics: AQN

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Algonquin Power & Utilities (AQN)

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