TransAlta
82 hedge funds and large institutions have $914M invested in TransAlta in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 30 reducing their positions, and 8 closing their positions.
6,086% more call options, than puts
Call options by funds: $7.61M | Put options by funds: $123K
6% more capital invested
Capital invested by funds: $860M → $914M (+$53.9M)
2.23% more ownership
Funds ownership: 50.93% → 53.16% (+2.2%)
1% less funds holding
Funds holding: 83 → 82 (-1)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
23% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$43.6M |
| 2 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$7.74M |
| 3 |
SRAIM
Scheer Rowlett & Associates Investment Management
Toronto,
Ontario, Canada
|
+$4.38M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.46M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$11.5M |
| 2 |
Morgan Stanley
New York
|
-$4.53M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$3.24M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$2.78M |
| 5 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$2.2M |
TAC Hedge Fund Activity: Q4 2017 in Review
82 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q4 2017, worth a combined $914M — up 6.3% from $860M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TAC and 7 opened new positions — a net loss of 1 holder — while 30 trimmed existing stakes and 23 added.
The largest buyer was Royal Bank of Canada, adding an estimated $43.6M. The largest seller was CIBC World Market, cutting an estimated $11.5M.
- 82 institutional investors held TransAlta (TAC) as of Q4 2017, down from 83 in Q3 2017.
- Funds reported $914M of TransAlta stock for Q4 2017, up 6.3% quarter-over-quarter.
- 7 funds opened new TransAlta positions in Q4 2017 and 8 closed out, a net change of -1 holder.
- The largest TransAlta buyer in Q4 2017 was Royal Bank of Canada, an estimated $43.6M added.
- The largest TransAlta seller in Q4 2017 was CIBC World Market, an estimated $11.5M sold.
Based on aggregated 13F filings for Q4 2017.