TransAlta
74 hedge funds and large institutions have $563M invested in TransAlta in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 25 increasing their positions, 28 reducing their positions, and 15 closing their positions.
4,806% more call options, than puts
Call options by funds: $4.37M | Put options by funds: $89K
4.43% less ownership
Funds ownership: 52.11% → 47.69% (-4.4%)
10% less funds holding
Funds holding: 82 → 74 (-8)
11% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 28
33% less capital invested
Capital invested by funds: $844M → $563M (-$280M)
53% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.31M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$2.94M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$2.87M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$2.73M |
| 5 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$37.8M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$15.8M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$14.4M |
| 4 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
-$13.3M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.48M |
TAC Hedge Fund Activity: Q4 2018 in Review
74 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q4 2018, worth a combined $563M — down 33% from $844M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of TAC and 7 opened new positions — a net loss of 8 holders — while 28 trimmed existing stakes and 25 added.
The largest buyer was Royal Bank of Canada, adding an estimated $6.31M. The largest seller was CIBC Asset Management, cutting an estimated $37.8M.
- 74 institutional investors held TransAlta (TAC) as of Q4 2018, down from 82 in Q3 2018.
- Funds reported $563M of TransAlta stock for Q4 2018, down 33% quarter-over-quarter.
- 7 funds opened new TransAlta positions in Q4 2018 and 15 closed out, a net change of -8 holders.
- The largest TransAlta buyer in Q4 2018 was Royal Bank of Canada, an estimated $6.31M added.
- The largest TransAlta seller in Q4 2018 was CIBC Asset Management, an estimated $37.8M sold.
Based on aggregated 13F filings for Q4 2018.