TransAlta
89 hedge funds and large institutions have $628M invested in TransAlta in 2016 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 26 increasing their positions, 36 reducing their positions, and 8 closing their positions.
2,400% more call options, than puts
Call options by funds: $8.63M | Put options by funds: $345K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
13% more capital invested
Capital invested by funds: $555M → $628M (+$73.1M)
5% more funds holding
Funds holding: 85 → 89 (+4)
0.87% more ownership
Funds ownership: 41.03% → 41.9% (+0.87%)
28% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$24.3M |
| 2 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$12M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$9.77M |
| 4 |
Morgan Stanley
New York
|
+$7.29M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$5.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$14.5M |
| 2 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$9.56M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.57M |
| 4 |
SRAIM
Scheer Rowlett & Associates Investment Management
Toronto,
Ontario, Canada
|
-$5.9M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$3.66M |
TAC Hedge Fund Activity: Q2 2016 in Review
89 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q2 2016, worth a combined $628M — up 13% from $555M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TAC positions and 8 closed out — a net gain of 5 holders — while 26 added to existing stakes and 36 trimmed.
The largest buyer was Mackenzie Financial, opening a new position worth an estimated $24.3M. The largest seller was CIBC Asset Management, cutting an estimated $14.5M.
- 89 institutional investors held TransAlta (TAC) as of Q2 2016, up from 85 in Q1 2016.
- Funds reported $628M of TransAlta stock for Q2 2016, up 13% quarter-over-quarter.
- 13 funds opened new TransAlta positions in Q2 2016 and 8 closed out, a net change of +5 holders.
- The largest TransAlta buyer in Q2 2016 was Mackenzie Financial, an estimated $24.3M added.
- The largest TransAlta seller in Q2 2016 was CIBC Asset Management, an estimated $14.5M sold.
Based on aggregated 13F filings for Q2 2016.