TransAlta
88 hedge funds and large institutions have $761M invested in TransAlta in 2016 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 25 increasing their positions, 35 reducing their positions, and 12 closing their positions.
1,579% more call options, than puts
Call options by funds: $9.29M | Put options by funds: $553K
32% more capital invested
Capital invested by funds: $576M → $761M (+$184M)
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
2.89% more ownership
Funds ownership: 44.94% → 47.83% (+2.9%)
2% more funds holding
Funds holding: 86 → 88 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
29% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$32.7M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$11.8M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$10.9M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$5.14M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$2.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VE
Vega Energy
New York
|
-$11M |
| 2 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$5.82M |
| 3 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$2.53M |
| 4 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$1.88M |
| 5 |
Morgan Stanley
New York
|
-$1.62M |
TAC Hedge Fund Activity: Q4 2016 in Review
88 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q4 2016, worth a combined $761M — up 32% from $576M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new TAC positions and 12 closed out — a net gain of 3 holders — while 25 added to existing stakes and 35 trimmed.
The largest buyer was CIBC Asset Management, adding an estimated $32.7M. The largest seller was Vega Energy, cutting an estimated $11M.
- 88 institutional investors held TransAlta (TAC) as of Q4 2016, up from 86 in Q3 2016.
- Funds reported $761M of TransAlta stock for Q4 2016, up 32% quarter-over-quarter.
- 15 funds opened new TransAlta positions in Q4 2016 and 12 closed out, a net change of +3 holders.
- The largest TransAlta buyer in Q4 2016 was CIBC Asset Management, an estimated $32.7M added.
- The largest TransAlta seller in Q4 2016 was Vega Energy, an estimated $11M sold.
Based on aggregated 13F filings for Q4 2016.