TransAlta
109 hedge funds and large institutions have $1.14B invested in TransAlta in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 43 increasing their positions, 36 reducing their positions, and 18 closing their positions.
255% more call options, than puts
Call options by funds: $20.9M | Put options by funds: $5.89M
19% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 36
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.95% less ownership
Funds ownership: 46.36% → 45.41% (-0.95%)
6% less funds holding
Funds holding: 116 → 109 (-7)
14% less capital invested
Capital invested by funds: $1.32B → $1.14B (-$185M)
22% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$68.7M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$9.59M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
+$5.75M |
| 4 |
VE
Vega Energy
New York
|
+$4.41M |
| 5 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
+$3.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$40.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$32.2M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$11.1M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$6.5M |
| 5 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$5.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Ameriprise
Minneapolis,
Minnesota
| – | -$8K | -800 | Closed |
|
127
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -100 | Closed |
|
TAC Hedge Fund Activity: Q4 2014 in Review
109 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q4 2014, worth a combined $1.14B — down 14% from $1.32B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of TAC and 14 opened new positions — a net loss of 4 holders — while 36 trimmed existing stakes and 43 added.
The largest buyer was Brookfield Corp, opening a new position worth an estimated $68.7M. The largest seller was Royal Bank of Canada, cutting an estimated $40.3M.
- 109 institutional investors held TransAlta (TAC) as of Q4 2014, down from 116 in Q3 2014.
- Funds reported $1.14B of TransAlta stock for Q4 2014, down 14% quarter-over-quarter.
- 14 funds opened new TransAlta positions in Q4 2014 and 18 closed out, a net change of -4 holders.
- The largest TransAlta buyer in Q4 2014 was Brookfield Corp, an estimated $68.7M added.
- The largest TransAlta seller in Q4 2014 was Royal Bank of Canada, an estimated $40.3M sold.
Based on aggregated 13F filings for Q4 2014.