TransAlta
83 hedge funds and large institutions have $860M invested in TransAlta in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 29 reducing their positions, and 12 closing their positions.
686% more call options, than puts
Call options by funds: $5.29M | Put options by funds: $673K
0.22% more ownership
Funds ownership: 50.71% → 50.93% (+0.22%)
5% less funds holding
Funds holding: 87 → 83 (-4)
8% less capital invested
Capital invested by funds: $938M → $860M (-$78.1M)
24% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 29
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$27.1M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$19.2M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$8.59M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$4.66M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$18.9M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$14.6M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$8.68M |
| 4 |
Two Sigma Investments
New York
|
-$4.42M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$2.7M |
TAC Hedge Fund Activity: Q3 2017 in Review
83 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q3 2017, worth a combined $860M — down 8.3% from $938M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TAC and 8 opened new positions — a net loss of 4 holders — while 29 trimmed existing stakes and 22 added.
The largest buyer was Royal Bank of Canada, adding an estimated $27.1M. The largest seller was Goldman Sachs, cutting an estimated $18.9M.
- 83 institutional investors held TransAlta (TAC) as of Q3 2017, down from 87 in Q2 2017.
- Funds reported $860M of TransAlta stock for Q3 2017, down 8.3% quarter-over-quarter.
- 8 funds opened new TransAlta positions in Q3 2017 and 12 closed out, a net change of -4 holders.
- The largest TransAlta buyer in Q3 2017 was Royal Bank of Canada, an estimated $27.1M added.
- The largest TransAlta seller in Q3 2017 was Goldman Sachs, an estimated $18.9M sold.
Based on aggregated 13F filings for Q3 2017.