TransAlta
86 hedge funds and large institutions have $576M invested in TransAlta in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 40 reducing their positions, and 9 closing their positions.
3,842% more call options, than puts
Call options by funds: $10.6M | Put options by funds: $270K
3.04% more ownership
Funds ownership: 41.9% → 44.94% (+3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 89 → 86 (-3)
8% less capital invested
Capital invested by funds: $628M → $576M (-$51.9M)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
45% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$42M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$28.1M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$6.01M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.13M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$12.8M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$10.6M |
| 3 |
Morgan Stanley
New York
|
-$3.79M |
| 4 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$2.8M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$2.35M |
TAC Hedge Fund Activity: Q3 2016 in Review
86 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q3 2016, worth a combined $576M — down 8.3% from $628M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TAC and 7 opened new positions — a net loss of 2 holders — while 40 trimmed existing stakes and 22 added.
The largest buyer was CIBC World Market, adding an estimated $42M. The largest seller was CIBC Asset Management, cutting an estimated $12.8M.
- 86 institutional investors held TransAlta (TAC) as of Q3 2016, down from 89 in Q2 2016.
- Funds reported $576M of TransAlta stock for Q3 2016, down 8.3% quarter-over-quarter.
- 7 funds opened new TransAlta positions in Q3 2016 and 9 closed out, a net change of -2 holders.
- The largest TransAlta buyer in Q3 2016 was CIBC World Market, an estimated $42M added.
- The largest TransAlta seller in Q3 2016 was CIBC Asset Management, an estimated $12.8M sold.
Based on aggregated 13F filings for Q3 2016.