5 Most Sold Clean Energy Stocks 

Below is the list of the 5 Most Sold Clean Energy Stocks. For a detailed discussion about why hedge funds are selling and shorting clean energy stocks please see Hedge Funds Selling Energy Stocks: 10 Most Sold Clean Energy Stocks.

5. Brookfield Renewable Partners L.P. (NYSE:BEP)

Number of Fund Holders at the End of Q1: 17

Number of Fund Holders at the End of Q2: 13  

Brookfield Renewable Partners L.P. (NYSE:BEP) provides renewable energy in North America and internationally through wind, hydroelectric, solar, pumped storage, and biomass sources. Like other players in the industry, its shares and financial numbers have been under pressure due to tough broader market conditions. Its stock price has fallen 13% in the last six months. Its revenue of $1.21 billion in the second quarter fell 5% year on year.  

The number of hedge fund positions in Brookfield Renewable Partners fell from 17 in the first quarter of 2023 to 13 at the end of the second quarter. Robert Joseph Caruso’s Select Equity Group was among the largest stakeholders in the company. Caruso’s firm appears to be bullish on the company’s fundamentals, having increased its stake by 29% in the most recent quarter.