TransAlta
85 hedge funds and large institutions have $555M invested in TransAlta in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 27 increasing their positions, 37 reducing their positions, and 18 closing their positions.
4,073% more call options, than puts
Call options by funds: $9.05M | Put options by funds: $217K
9% more capital invested
Capital invested by funds: $507M → $555M (+$47.9M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9.33% less ownership
Funds ownership: 50.35% → 41.03% (-9.3%)
10% less funds holding
Funds holding: 94 → 85 (-9)
27% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 37
50% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$13.9M |
| 2 |
Morgan Stanley
New York
|
+$5.7M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$4.64M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$3.04M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
-$62.8M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$19.2M |
| 3 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$10.5M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$7.5M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$5.08M |
TAC Hedge Fund Activity: Q1 2016 in Review
85 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q1 2016, worth a combined $555M — up 9.4% from $507M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of TAC and 9 opened new positions — a net loss of 9 holders — while 37 trimmed existing stakes and 27 added.
The largest buyer was Vertex One Asset Management, adding an estimated $13.9M. The largest seller was Luminus Management, exiting entirely with an estimated $62.8M sold.
- 85 institutional investors held TransAlta (TAC) as of Q1 2016, down from 94 in Q4 2015.
- Funds reported $555M of TransAlta stock for Q1 2016, up 9.4% quarter-over-quarter.
- 9 funds opened new TransAlta positions in Q1 2016 and 18 closed out, a net change of -9 holders.
- The largest TransAlta buyer in Q1 2016 was Vertex One Asset Management, an estimated $13.9M added.
- The largest TransAlta seller in Q1 2016 was Luminus Management, an estimated $62.8M sold.
Based on aggregated 13F filings for Q1 2016.