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Canadian Pacific Kansas City

480 hedge funds and large institutions have $17.3B invested in Canadian Pacific Kansas City in 2018 Q4 according to their latest regulatory filings, with 96 funds opening new positions, 155 increasing their positions, 163 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

138% more call options, than puts

Call options by funds: $164M | Put options by funds: $69M

55% more first-time investments, than exits

New positions opened: 96 | Existing positions closed: 62

7% more funds holding

Funds holding: 447480 (+33)

5% less repeat investments, than reductions

Existing positions increased: 155 | Existing positions reduced: 163

4.13% less ownership

Funds ownership: 345.63%341.5% (-4.1%)

17% less capital invested

Capital invested by funds: $21B → $17.3B (-$3.64B)

25% less funds holding in top 10

Funds holding in top 10: 2015 (-5)

Holders
480
Holders Change
+33
Holders Change %
+7.38%
% of All Funds
10.7%
Holding in Top 10
15
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-25%
% of All Funds
0.33%
New
96
Increased
155
Reduced
163
Closed
62
Calls
$164M
Puts
$69M
Net Calls
+$95.1M
Net Calls Change
+$108M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.44B +$35.9M +898,310 +2%
TCI Fund Management
2
TCI Fund Management
United Kingdom
$1.39B +$584M +14,618,115 +60%
WCM Investment Management
3
WCM Investment Management
California
$879M +$51.1M +1,277,430 +5%
Vanguard Group
4
Vanguard Group
Pennsylvania
$680M +$31.2M +781,510 +4%
Fidelity International
5
Fidelity International
Bermuda
$634M -$115M -2,871,865 -14%
TD Asset Management
6
TD Asset Management
Ontario, Canada
$619M -$22.8M -570,630 -3%
LPC
7
Lone Pine Capital
Connecticut
$616M -$86.1M -2,154,375 -11%
Bank of Montreal
8
Bank of Montreal
Ontario, Canada
$559M +$63M +1,575,240 +11%
ECU
9
Egerton Capital (UK)
United Kingdom
$558M +$68.2M +1,705,175 +12%
1832 Asset Management
10
1832 Asset Management
Ontario, Canada
$481M -$5.3M -132,485 -1%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$443M +$118M +2,962,825 +31%
Massachusetts Financial Services
12
Massachusetts Financial Services
Massachusetts
$360M -$5.74M -143,460 -1%
Franklin Resources
13
Franklin Resources
California
$354M -$6.45M -161,215 -2%
CIBC Asset Management
14
CIBC Asset Management
Ontario, Canada
$352M +$53.3M +1,333,095 +16%
Mackenzie Financial
15
Mackenzie Financial
Ontario, Canada
$338M +$76.2M +1,906,865 +25%
Manulife (Manufacturers Life Insurance)
16
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$325M +$30.2M +754,210 +9%
Norges Bank
17
Norges Bank
Norway
$294M -$1.9M -47,620 -0.6%
Connor, Clark & Lunn Investment Management (CC&L)
18
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$282M +$46.2M +1,156,400 +17%
Mawer Investment Management
19
Mawer Investment Management
Alberta, Canada
$264M +$888K +22,215 +0.3%
Fidelity Investments
20
Fidelity Investments
Massachusetts
$240M +$21.5M +537,615 +9%
CIBC World Market
21
CIBC World Market
Ontario, Canada
$237M -$1.94M -48,545 -0.7%
Canada Life
22
Canada Life
Manitoba, Canada
$223M -$8.83M -220,870 -3%
BGC
23
Beutel, Goodman & Co
Ontario, Canada
$208M -$2.74M -68,525 -1%
JP Morgan Chase
24
JP Morgan Chase
New York
$196M +$44.5M +1,111,795 +25%
QI
25
QV Investors
Alberta, Canada
$173M -$22.9M -573,550 -14%

CP Hedge Fund Activity: Q4 2018 in Review

480 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Canadian Pacific Kansas City (CP) for Q4 2018, worth a combined $17.3B — down 17% from $21B a quarter earlier.

Buyers outnumbered sellers: 96 funds opened new CP positions and 62 closed out — a net gain of 34 holders — while 155 added to existing stakes and 163 trimmed.

The largest buyer was TCI Fund Management, adding an estimated $584M. The largest seller was Artisan Partners, cutting an estimated $430M.

  • 480 institutional investors held Canadian Pacific Kansas City (CP) as of Q4 2018, up from 447 in Q3 2018.
  • Funds reported $17.3B of Canadian Pacific Kansas City stock for Q4 2018, down 17% quarter-over-quarter.
  • 96 funds opened new Canadian Pacific Kansas City positions in Q4 2018 and 62 closed out, a net change of +34 holders.
  • The largest Canadian Pacific Kansas City buyer in Q4 2018 was TCI Fund Management, an estimated $584M added.
  • The largest Canadian Pacific Kansas City seller in Q4 2018 was Artisan Partners, an estimated $430M sold.

Based on aggregated 13F filings for Q4 2018.