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TransAlta

82 hedge funds and large institutions have $914M invested in TransAlta in 2017 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 30 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

6,086% more call options, than puts

Call options by funds: $7.61M | Put options by funds: $123K

17% more capital invested

Capital invested by funds: $778M → $914M (+$136M)

7.1% more ownership

Funds ownership: 46.06%53.16% (+7.1%)

0% more funds holding

Funds holding: 8282 (0)

0% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 8

23% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 30

Holders
82
Holders Change
Holders Change %
0%
% of All Funds
1.86%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
23
Reduced
30
Closed
8
Calls
$7.61M
Puts
$123K
Net Calls
+$7.49M
Net Calls Change
+$2.87M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$211M +$43.6M +7,331,248 +26%
CIBC Asset Management
2
CIBC Asset Management
Ontario, Canada
$113M +$7.74M +1,301,151 +7%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$109M +$3.46M +581,988 +3%
BC
4
Brookfield Corp
Ontario, Canada
$83M +$83.4M +14,007,164 New
CIBC World Market
5
CIBC World Market
Ontario, Canada
$63.7M -$11.5M -1,940,127 -15%
CS
6
Credit Suisse
Switzerland
$50.7M -$64.3K -10,800 -0.1%
Vanguard Group
7
Vanguard Group
Pennsylvania
$38.3M +$2.16M +362,583 +6%
TD Asset Management
8
TD Asset Management
Ontario, Canada
$36.4M -$1.58M -265,612 -4%
Mackenzie Financial
9
Mackenzie Financial
Ontario, Canada
$34.1M +$511K +85,827 +2%
PAMP
10
Polar Asset Management Partners
Ontario, Canada
$25.5M +$1.88M +316,199 +8%
SRAIM
11
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$23.5M +$4.38M +736,069 +23%
Toronto Dominion Bank
12
Toronto Dominion Bank
Ontario, Canada
$20.5M -$1.41M -236,879 -6%
Canada Pension Plan Investment Board
13
Canada Pension Plan Investment Board
Ontario, Canada
$18.1M
VOAM
14
Vertex One Asset Management
British Columbia, Canada
$9.2M +$583K +98,000 +7%
Public Sector Pension Investment Board (PSP Investments)
15
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$8.27M -$1.21M -203,900 -13%
Morgan Stanley
16
Morgan Stanley
New York
$7.49M -$4.53M -760,544 -38%
Arrowstreet Capital
17
Arrowstreet Capital
Massachusetts
$4.66M +$1.74M +292,436 +59%
SI
18
Sentry Investments
Ontario, Canada
$4.3M -$2.2M -370,000 -39%
IIM
19
Intact Investment Management
Quebec, Canada
$4.22M -$1.04M -174,879 -24%
Connor, Clark & Lunn Investment Management (CC&L)
20
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$3.92M -$3.24M -543,626 -45%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$3.77M
SC
22
Scotia Capital
Ontario, Canada
$3.15M -$50.6K -8,508 -2%
Legal & General Group
23
Legal & General Group
United Kingdom
$3.09M +$90.3K +15,181 +3%
Renaissance Technologies
24
Renaissance Technologies
New York
$2.98M +$148K +24,800 +5%
Swiss National Bank
25
Swiss National Bank
Switzerland
$2.88M

TAC Hedge Fund Activity: Q4 2017 in Review

82 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q4 2017, worth a combined $914M — up 17% from $778M a quarter earlier.

Fund positioning in TAC was balanced in Q4 2017: 8 funds opened new positions, 8 closed out, 23 added to existing stakes and 30 trimmed.

The largest buyer was Brookfield Corp, opening a new position worth an estimated $83.4M. The largest seller was CIBC World Market, cutting an estimated $11.5M.

  • 82 institutional investors held TransAlta (TAC) as of Q4 2017, unchanged from Q3 2017.
  • Funds reported $914M of TransAlta stock for Q4 2017, up 17% quarter-over-quarter.
  • 8 funds opened new TransAlta positions in Q4 2017 and 8 closed out, a net change of 0 holders.
  • The largest TransAlta buyer in Q4 2017 was Brookfield Corp, an estimated $83.4M 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.