TransAlta
110 hedge funds and large institutions have $1.03B invested in TransAlta in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 33 increasing their positions, 52 reducing their positions, and 13 closing their positions.
844% more call options, than puts
Call options by funds: $21M | Put options by funds: $2.23M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.65% less ownership
Funds ownership: 48.92% → 47.27% (-1.7%)
7% less funds holding
Funds holding: 118 → 110 (-8)
19% less capital invested
Capital invested by funds: $1.27B → $1.03B (-$238M)
37% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 52
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
+$30.5M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$15M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$5.49M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.6M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$3.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$14.5M |
| 2 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$13.5M |
| 3 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$13M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$9.3M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$7.66M |
TAC Hedge Fund Activity: Q2 2015 in Review
110 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q2 2015, worth a combined $1.03B — down 19% from $1.27B a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of TAC and 8 opened new positions — a net loss of 5 holders — while 52 trimmed existing stakes and 33 added.
The largest buyer was Luminus Management, opening a new position worth an estimated $30.5M. The largest seller was Bank of Nova Scotia, cutting an estimated $14.5M.
- 110 institutional investors held TransAlta (TAC) as of Q2 2015, down from 118 in Q1 2015.
- Funds reported $1.03B of TransAlta stock for Q2 2015, down 19% quarter-over-quarter.
- 8 funds opened new TransAlta positions in Q2 2015 and 13 closed out, a net change of -5 holders.
- The largest TransAlta buyer in Q2 2015 was Luminus Management, an estimated $30.5M added.
- The largest TransAlta seller in Q2 2015 was Bank of Nova Scotia, an estimated $14.5M sold.
Based on aggregated 13F filings for Q2 2015.