TransAlta
94 hedge funds and large institutions have $507M invested in TransAlta in 2015 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 31 increasing their positions, 44 reducing their positions, and 25 closing their positions.
3,148% more call options, than puts
Call options by funds: $5.91M | Put options by funds: $182K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.84% less ownership
Funds ownership: 52.19% → 50.35% (-1.8%)
15% less funds holding
Funds holding: 111 → 94 (-17)
26% less capital invested
Capital invested by funds: $685M → $507M (-$178M)
30% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 44
60% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$11.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.35M |
| 3 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$7.53M |
| 4 |
SRAIM
Scheer Rowlett & Associates Investment Management
Toronto,
Ontario, Canada
|
+$3.55M |
| 5 |
SIM
Spark Investment Management
New York
|
+$2.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$14.6M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$9.88M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$7.91M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.69M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$4.6M |
TAC Hedge Fund Activity: Q4 2015 in Review
94 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q4 2015, worth a combined $507M — down 26% from $685M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of TAC and 10 opened new positions — a net loss of 15 holders — while 44 trimmed existing stakes and 31 added.
The largest buyer was Mackenzie Financial, adding an estimated $11.3M. The largest seller was Norges Bank, exiting entirely with an estimated $14.6M sold.
- 94 institutional investors held TransAlta (TAC) as of Q4 2015, down from 111 in Q3 2015.
- Funds reported $507M of TransAlta stock for Q4 2015, down 26% quarter-over-quarter.
- 10 funds opened new TransAlta positions in Q4 2015 and 25 closed out, a net change of -15 holders.
- The largest TransAlta buyer in Q4 2015 was Mackenzie Financial, an estimated $11.3M added.
- The largest TransAlta seller in Q4 2015 was Norges Bank, an estimated $14.6M sold.
Based on aggregated 13F filings for Q4 2015.