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TransAlta

80 hedge funds and large institutions have $1.04B invested in TransAlta in 2019 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 22 increasing their positions, 33 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,404% more call options, than puts

Call options by funds: $5.06M | Put options by funds: $202K

85% more capital invested

Capital invested by funds: $563M → $1.04B (+$481M)

60% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 10

8% more funds holding

Funds holding: 7480 (+6)

2.18% more ownership

Funds ownership: 47.69%49.87% (+2.2%)

33% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 33

Holders
80
Holders Change
+6
Holders Change %
+8.11%
% of All Funds
1.73%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
16
Increased
22
Reduced
33
Closed
10
Calls
$5.06M
Puts
$202K
Net Calls
+$4.86M
Net Calls Change
+$579K
Name Holding Trade Value Shares
Change
Change in
Stake
Swiss National Bank
26
Swiss National Bank
Switzerland
$3.83M +$20K +3,500 +0.7%
BCIM
27
British Columbia Investment Management
British Columbia, Canada
$3.7M -$20.8K -3,639 -0.7%
Bank of Nova Scotia
28
Bank of Nova Scotia
Ontario, Canada
$3.52M -$946K -165,533 -26%
Fiera Capital (Canada)
29
Fiera Capital (Canada)
Quebec, Canada
$3.02M +$2.35M +410,592 New
WAM
30
Weiss Asset Management
Massachusetts
$2.24M +$1.74M +304,600 New
OSAM
31
O'Shaughnessy Asset Management
Connecticut
$2.01M +$1.57M +274,673 New
Legal & General Group
32
Legal & General Group
United Kingdom
$1.79M
H
33
Hexavest
Quebec, Canada
$1.75M -$1.77M -309,566 -56%
QI
34
QS Investors
New York
$1.74M -$1.21M -212,200 -47%
Manulife (Manufacturers Life Insurance)
35
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.62M -$11.3K -1,981 -0.9%
WCA
36
Waratah Capital Advisors
Ontario, Canada
$1.52M +$1.19M +207,560 New
Two Sigma Advisers
37
Two Sigma Advisers
New York
$1.52M -$1.22M -214,100 -51%
HSBC Holdings
38
HSBC Holdings
United Kingdom
$1.48M +$1.15M +202,067 New
LCM
39
Lonestar Capital Management
California
$1.47M +$1.14M +200,000 New
Invesco
40
Invesco
Georgia
$1.34M +$505K +88,325 +94%
FDCDDQ
41
Federation des caisses Desjardins du Quebec
Quebec, Canada
$1.09M -$96.1K -16,831 -10%
CS
42
Credit Suisse
Switzerland
$986K -$305K -53,328 -28%
SIM
43
Spark Investment Management
New York
$956K +$743K +130,000 New
Geode Capital Management
44
Geode Capital Management
Massachusetts
$904K +$431K +75,400 +158%
UBS Group
45
UBS Group
Switzerland
$862K -$337K -58,914 -33%
D.E. Shaw & Co
46
D.E. Shaw & Co
New York
$810K -$109K -19,100 -15%
PP
47
PDT Partners
New York
$727K -$201K -35,120 -26%
Citadel Advisors
48
Citadel Advisors
Florida
$596K -$666K -116,673 -59%
CBOA
49
Commonwealth Bank of Australia
Australia
$570K
PIC
50
PCJ Investment Counsel
Ontario, Canada
$551K +$428K +75,000 New

TAC Hedge Fund Activity: Q1 2019 in Review

80 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q1 2019, worth a combined $1.04B — up 85% from $563M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new TAC positions and 10 closed out — a net gain of 6 holders — while 22 added to existing stakes and 33 trimmed.

The largest buyer was CIBC Asset Management, adding an estimated $21M. The largest seller was Scheer Rowlett & Associates Investment Management, cutting an estimated $14.4M.

  • 80 institutional investors held TransAlta (TAC) as of Q1 2019, up from 74 in Q4 2018.
  • Funds reported $1.04B of TransAlta stock for Q1 2019, up 85% quarter-over-quarter.
  • 16 funds opened new TransAlta positions in Q1 2019 and 10 closed out, a net change of +6 holders.
  • The largest TransAlta buyer in Q1 2019 was CIBC Asset Management, an estimated $21M added.
  • The largest TransAlta seller in Q1 2019 was Scheer Rowlett & Associates Investment Management, an estimated $14.4M sold.

Based on aggregated 13F filings for Q1 2019.