TransAlta
82 hedge funds and large institutions have $778M invested in TransAlta in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 29 reducing their positions, and 13 closing their positions.
686% more call options, than puts
Call options by funds: $5.29M | Put options by funds: $673K
4.65% less ownership
Funds ownership: 50.71% → 46.06% (-4.6%)
6% less funds holding
Funds holding: 87 → 82 (-5)
17% less capital invested
Capital invested by funds: $938M → $778M (-$160M)
24% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 29
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$27.1M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$19.2M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$8.59M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$4.66M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$89.6M |
| 2 |
Goldman Sachs
New York
|
-$18.9M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$14.6M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$8.68M |
| 5 |
Two Sigma Investments
New York
|
-$4.42M |
TAC Hedge Fund Activity: Q3 2017 in Review
82 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q3 2017, worth a combined $778M — down 17% from $938M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of TAC and 8 opened new positions — a net loss of 5 holders — while 29 trimmed existing stakes and 22 added.
The largest buyer was Royal Bank of Canada, adding an estimated $27.1M. The largest seller was Brookfield Corp, exiting entirely with an estimated $89.6M sold.
- 82 institutional investors held TransAlta (TAC) as of Q3 2017, down from 87 in Q2 2017.
- Funds reported $778M of TransAlta stock for Q3 2017, down 17% quarter-over-quarter.
- 8 funds opened new TransAlta positions in Q3 2017 and 13 closed out, a net change of -5 holders.
- The largest TransAlta buyer in Q3 2017 was Royal Bank of Canada, an estimated $27.1M added.
- The largest TransAlta seller in Q3 2017 was Brookfield Corp, an estimated $89.6M sold.
Based on aggregated 13F filings for Q3 2017.