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TransAlta

85 hedge funds and large institutions have $773M invested in TransAlta in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 25 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

11,919% more call options, than puts

Call options by funds: $3.13M | Put options by funds: $26K

80% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 5

32% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 25

4% more funds holding

Funds holding: 8285 (+3)

3.85% less ownership

Funds ownership: 53.16%49.31% (-3.9%)

15% less capital invested

Capital invested by funds: $914M → $773M (-$141M)

Holders
85
Holders Change
+3
Holders Change %
+3.66%
% of All Funds
1.95%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
33
Reduced
25
Closed
5
Calls
$3.13M
Puts
$26K
Net Calls
+$3.1M
Net Calls Change
-$4.39M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$205M +$12.6M +2,279,804 +6%
CIBC Asset Management
2
CIBC Asset Management
Ontario, Canada
$104M +$1.74M +316,033 +2%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$102M +$2.5M +452,163 +2%
CIBC World Market
4
CIBC World Market
Ontario, Canada
$55.8M -$2.54M -460,037 -4%
CS
5
Credit Suisse
Switzerland
$46.2M -$292K -52,842 -0.6%
Vanguard Group
6
Vanguard Group
Pennsylvania
$35.7M +$658K +119,166 +2%
Mackenzie Financial
7
Mackenzie Financial
Ontario, Canada
$34.8M +$3.6M +652,238 +11%
TD Asset Management
8
TD Asset Management
Ontario, Canada
$32.1M -$1.08M -195,566 -3%
SRAIM
9
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$25.7M +$4.45M +807,167 +20%
PAMP
10
Polar Asset Management Partners
Ontario, Canada
$22.9M -$451K -81,708 -2%
Toronto Dominion Bank
11
Toronto Dominion Bank
Ontario, Canada
$19.8M +$1.15M +208,048 +6%
Canada Pension Plan Investment Board
12
Canada Pension Plan Investment Board
Ontario, Canada
$19.2M +$2.77M +502,300 +17%
Morgan Stanley
13
Morgan Stanley
New York
$8.11M +$1.27M +230,530 +18%
SIM
14
Spark Investment Management
New York
$6.21M +$4.21M +763,100 +199%
Public Sector Pension Investment Board (PSP Investments)
15
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$5.48M -$2.1M -379,800 -27%
IIM
16
Intact Investment Management
Quebec, Canada
$4.14M +$150K +27,200 +5%
Two Sigma Investments
17
Two Sigma Investments
New York
$3.54M +$3.61M +653,697 New
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$3.45M
Bank of America
19
Bank of America
North Carolina
$3.13M +$621K +112,593 +24%
SC
20
Scotia Capital
Ontario, Canada
$2.95M +$69.9K +12,668 +2%
Renaissance Technologies
21
Renaissance Technologies
New York
$2.9M +$167K +30,300 +6%
Connor, Clark & Lunn Investment Management (CC&L)
22
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$2.83M -$759K -137,500 -21%
Swiss National Bank
23
Swiss National Bank
Switzerland
$2.8M +$177K +32,100 +7%
Bank of Nova Scotia
24
Bank of Nova Scotia
Ontario, Canada
$2.56M +$551K +99,883 +27%
Manulife (Manufacturers Life Insurance)
25
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.78M -$17.1K -3,105 -0.9%

TAC Hedge Fund Activity: Q1 2018 in Review

85 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q1 2018, worth a combined $773M — down 15% from $914M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new TAC positions and 5 closed out — a net gain of 4 holders — while 33 added to existing stakes and 25 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $12.6M. The largest seller was Brookfield Corp, exiting entirely with an estimated $83M sold.

  • 85 institutional investors held TransAlta (TAC) as of Q1 2018, up from 82 in Q4 2017.
  • Funds reported $773M of TransAlta stock for Q1 2018, down 15% quarter-over-quarter.
  • 9 funds opened new TransAlta positions in Q1 2018 and 5 closed out, a net change of +4 holders.
  • The largest TransAlta buyer in Q1 2018 was Royal Bank of Canada, an estimated $12.6M added.
  • The largest TransAlta seller in Q1 2018 was Brookfield Corp, an estimated $83M sold.

Based on aggregated 13F filings for Q1 2018.