TransAlta
116 hedge funds and large institutions have $1.32B invested in TransAlta in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 47 increasing their positions, 40 reducing their positions, and 11 closing their positions.
244% more call options, than puts
Call options by funds: $12.3M | Put options by funds: $3.59M
18% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 40
0.94% more ownership
Funds ownership: 45.42% → 46.36% (+0.94%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 119 → 116 (-3)
13% less capital invested
Capital invested by funds: $1.52B → $1.32B (-$194M)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$35M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$6.95M |
| 3 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$5.71M |
| 4 |
Renaissance Technologies
New York
|
+$5.26M |
| 5 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$4.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$25.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.28M |
| 3 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$4.64M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$4.54M |
| 5 |
Two Sigma Investments
New York
|
-$4.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
126
Manchester Capital Management
Manchester,
Vermont
| – | -$12K | -994 | Closed |
|
127
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$3K | -221 | Closed |
|
TAC Hedge Fund Activity: Q3 2014 in Review
116 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q3 2014, worth a combined $1.32B — down 13% from $1.52B a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TAC and 8 opened new positions — a net loss of 3 holders — while 40 trimmed existing stakes and 47 added.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $35M. The largest seller was Norges Bank, cutting an estimated $25.6M.
- 116 institutional investors held TransAlta (TAC) as of Q3 2014, down from 119 in Q2 2014.
- Funds reported $1.32B of TransAlta stock for Q3 2014, down 13% quarter-over-quarter.
- 8 funds opened new TransAlta positions in Q3 2014 and 11 closed out, a net change of -3 holders.
- The largest TransAlta buyer in Q3 2014 was Fidelity Investments, an estimated $35M added.
- The largest TransAlta seller in Q3 2014 was Norges Bank, an estimated $25.6M sold.
Based on aggregated 13F filings for Q3 2014.