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TransAlta

80 hedge funds and large institutions have $1.04B invested in TransAlta in 2019 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 22 increasing their positions, 33 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,404% more call options, than puts

Call options by funds: $5.06M | Put options by funds: $202K

85% more capital invested

Capital invested by funds: $563M → $1.04B (+$481M)

60% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 10

8% more funds holding

Funds holding: 7480 (+6)

2.18% more ownership

Funds ownership: 47.69%49.87% (+2.2%)

33% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 33

Holders
80
Holders Change
+6
Holders Change %
+8.11%
% of All Funds
1.73%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
16
Increased
22
Reduced
33
Closed
10
Calls
$5.06M
Puts
$202K
Net Calls
+$4.86M
Net Calls Change
+$579K
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$300M -$17.4K -3,044 -0%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$130M +$1.09M +190,415 +1%
BC
3
Brookfield Corp
Ontario, Canada
$103M
CIBC Asset Management
4
CIBC Asset Management
Ontario, Canada
$102M +$21M +3,672,518 +36%
Vanguard Group
5
Vanguard Group
Pennsylvania
$55.8M +$979K +171,420 +2%
Canada Pension Plan Investment Board
6
Canada Pension Plan Investment Board
Ontario, Canada
$50.1M +$3.04M +531,600 +8%
Toronto Dominion Bank
7
Toronto Dominion Bank
Ontario, Canada
$37.7M +$504K +88,197 +2%
TD Asset Management
8
TD Asset Management
Ontario, Canada
$37M -$2.33M -408,094 -7%
Mackenzie Financial
9
Mackenzie Financial
Ontario, Canada
$34.6M -$6.35M -1,111,575 -19%
LIA
10
LSP Investment Advisors
New York
$21.4M +$16.7M +2,918,300 New
SRAIM
11
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$19.4M -$14.4M -2,516,360 -49%
Arrowstreet Capital
12
Arrowstreet Capital
Massachusetts
$13.1M +$4.94M +864,430 +94%
DZ Bank
13
DZ Bank
Germany
$12.9M +$6.83M +1,196,117 +214%
Two Sigma Investments
14
Two Sigma Investments
New York
$11.6M +$4.71M +825,361 +109%
Morgan Stanley
15
Morgan Stanley
New York
$9.9M +$1.16M +203,735 +18%
Connor, Clark & Lunn Investment Management (CC&L)
16
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$9.61M +$3.11M +543,956 +71%
IIM
17
Intact Investment Management
Quebec, Canada
$8.25M -$2.92M -510,300 -38%
SC
18
Scotia Capital
Ontario, Canada
$7.92M -$128K -22,414 -2%
Renaissance Technologies
19
Renaissance Technologies
New York
$6.52M +$1.39M +242,500 +38%
Public Sector Pension Investment Board (PSP Investments)
20
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$5.41M
CIBC World Market
21
CIBC World Market
Ontario, Canada
$5.35M -$167K -29,175 -4%
Deutsche Bank
22
Deutsche Bank
Germany
$5.15M -$1.49M -261,508 -27%
Dimensional Fund Advisors
23
Dimensional Fund Advisors
Texas
$4.63M -$4.44K -777 -0.1%
Goldman Sachs
24
Goldman Sachs
New York
$4.46M -$777K -135,965 -18%
Bank of America
25
Bank of America
North Carolina
$4.26M -$94.2K -16,490 -3%

TAC Hedge Fund Activity: Q1 2019 in Review

80 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q1 2019, worth a combined $1.04B — up 85% from $563M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new TAC positions and 10 closed out — a net gain of 6 holders — while 22 added to existing stakes and 33 trimmed.

The largest buyer was CIBC Asset Management, adding an estimated $21M. The largest seller was Scheer Rowlett & Associates Investment Management, cutting an estimated $14.4M.

  • 80 institutional investors held TransAlta (TAC) as of Q1 2019, up from 74 in Q4 2018.
  • Funds reported $1.04B of TransAlta stock for Q1 2019, up 85% quarter-over-quarter.
  • 16 funds opened new TransAlta positions in Q1 2019 and 10 closed out, a net change of +6 holders.
  • The largest TransAlta buyer in Q1 2019 was CIBC Asset Management, an estimated $21M added.
  • The largest TransAlta seller in Q1 2019 was Scheer Rowlett & Associates Investment Management, an estimated $14.4M sold.

Based on aggregated 13F filings for Q1 2019.