TransAlta
80 hedge funds and large institutions have $889M invested in TransAlta in 2019 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 27 increasing their positions, 24 reducing their positions, and 15 closing their positions.
3,130% more call options, than puts
Call options by funds: $4.3M | Put options by funds: $133K
13% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 24
0.31% less ownership
Funds ownership: 48.59% → 48.28% (-0.31%)
1% less capital invested
Capital invested by funds: $901M → $889M (-$11.7M)
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
1% less funds holding
Funds holding: 81 → 80 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$14.6M |
| 2 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$12.3M |
| 3 |
Goldman Sachs
New York
|
+$7.66M |
| 4 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$3.55M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$13.3M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$13.2M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$7.58M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.32M |
| 5 |
SIM
Spark Investment Management
New York
|
-$3.14M |
TAC Hedge Fund Activity: Q3 2019 in Review
80 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q3 2019, worth a combined $889M — down 1.3% from $901M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of TAC and 14 opened new positions — a net loss of 1 holder — while 24 trimmed existing stakes and 27 added.
The largest buyer was Bank of Montreal, adding an estimated $14.6M. The largest seller was TD Asset Management, cutting an estimated $13.3M.
- 80 institutional investors held TransAlta (TAC) as of Q3 2019, down from 81 in Q2 2019.
- Funds reported $889M of TransAlta stock for Q3 2019, down 1.3% quarter-over-quarter.
- 14 funds opened new TransAlta positions in Q3 2019 and 15 closed out, a net change of -1 holder.
- The largest TransAlta buyer in Q3 2019 was Bank of Montreal, an estimated $14.6M added.
- The largest TransAlta seller in Q3 2019 was TD Asset Management, an estimated $13.3M sold.
Based on aggregated 13F filings for Q3 2019.