Steadfast Advisors Lp Lowers stake in Nextera Energy Partners LP (NEP)

Nextera Energy Partners LP (NEP) : Steadfast Advisors Lp reduced its stake in Nextera Energy Partners LP by 6.13% during the most recent quarter end. The investment management company now holds a total of 60,783 shares of Nextera Energy Partners LP which is valued at $1,899,469 after selling 3,967 shares in Nextera Energy Partners LP , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Nextera Energy Partners LP makes up approximately 1.21% of Steadfast Advisors Lp’s portfolio.

Other Hedge Funds, Including , Eventide Asset Management boosted its stake in NEP in the latest quarter, The investment management firm added 238,950 additional shares and now holds a total of 662,700 shares of Nextera Energy Partners LP which is valued at $20,709,375. Nextera Energy Partners LP makes up approx 1.07% of Eventide Asset Management’s portfolio. Teachers Advisors Inc added NEP to its portfolio by purchasing 170,124 company shares during the most recent quarter which is valued at $5,316,375. Nextera Energy Partners LP makes up approx 0.01% of Teachers Advisors Inc’s portfolio.Global X Management Co reduced its stake in NEP by selling 6,357 shares or 39.47% in the most recent quarter. The Hedge Fund company now holds 9,747 shares of NEP which is valued at $299,525. Nextera Energy Partners LP makes up approx 0.01% of Global X Management Co’s portfolio.First Trust Advisors Lp boosted its stake in NEP in the latest quarter, The investment management firm added 985 additional shares and now holds a total of 41,161 shares of Nextera Energy Partners LP which is valued at $1,254,587.

Nextera Energy Partners LP opened for trading at $30.09 and hit $30.95 on the upside on Wednesday, eventually ending the session at $30.75, with a gain of 1.65% or 0.5 points. The heightened volatility saw the trading volume jump to 160,381 shares. Company has a market cap of $1,300 M.

Nextera Energy Partners LP is a limited partnership formed to acquire manage and own contracted clean energy projects. The Company through its limited partnership interest in NextEra Energy Operating Partners LP owns a portfolio of contracted renewable generation assets consisting of wind and solar projects. The Company’s projects portfolio consists of clean contracted renewable energy assets that include Northern Colorado is a wind project with a capacity of 174 megawatt; Elk City and Perrin Ranch are wind projects with a capacity of 99 megawatt; Moore and Sombra are solar projects with a capacity of 20 megawatt; Conestogo is a wind project with a capacity of 23 megawatt; Tuscola Bay is a wind project with a capacity of 120 megawatt; Summerhaven is a wind project with a capacity of 124 megawatt; Bluewater is a wind project with a capacity of 60 megawatt and Genesis is a solar project with a capacity of 250 megawatt.

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