TransAlta
107 hedge funds and large institutions have $1.42B invested in TransAlta in 2014 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 43 increasing their positions, 30 reducing their positions, and 10 closing their positions.
208% more call options, than puts
Call options by funds: $8.15M | Put options by funds: $2.65M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 10
43% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 30
10% more funds holding
Funds holding: 97 → 107 (+10)
1.18% more ownership
Funds ownership: 44.04% → 45.22% (+1.2%)
5% less capital invested
Capital invested by funds: $1.5B → $1.42B (-$76.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$51.5M |
| 2 |
WFC
West Face Capital
Toronto,
Ontario, Canada
|
+$38M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$31.9M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$10.1M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$9.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$107M |
| 2 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$5.09M |
| 3 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$3.84M |
| 4 |
HAM
Highstreet Asset Management
London,
Ontario, Canada
|
-$3.36M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.3M |
TAC Hedge Fund Activity: Q1 2014 in Review
107 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q1 2014, worth a combined $1.42B — down 5.1% from $1.5B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TAC positions and 10 closed out — a net gain of 10 holders — while 43 added to existing stakes and 30 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $51.5M. The largest seller was Letko, Brosseau & Associates, cutting an estimated $107M.
- 107 institutional investors held TransAlta (TAC) as of Q1 2014, up from 97 in Q4 2013.
- Funds reported $1.42B of TransAlta stock for Q1 2014, down 5.1% quarter-over-quarter.
- 20 funds opened new TransAlta positions in Q1 2014 and 10 closed out, a net change of +10 holders.
- The largest TransAlta buyer in Q1 2014 was Royal Bank of Canada, an estimated $51.5M added.
- The largest TransAlta seller in Q1 2014 was Letko, Brosseau & Associates, an estimated $107M sold.
Based on aggregated 13F filings for Q1 2014.