TransAlta
103 hedge funds and large institutions have $1.45B invested in TransAlta in 2022 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 42 increasing their positions, 31 reducing their positions, and 20 closing their positions.
108% more call options, than puts
Call options by funds: $11.6M | Put options by funds: $5.58M
35% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 31
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
2% more funds holding
Funds holding: 101 → 103 (+2)
1.27% more ownership
Funds ownership: 63.06% → 64.33% (+1.3%)
19% less capital invested
Capital invested by funds: $1.8B → $1.45B (-$349M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$20.6M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$14.7M |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$14.6M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$14.5M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$25.5M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$12.4M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$4.99M |
| 4 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$3.27M |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
-$3.14M |
TAC Hedge Fund Activity: Q3 2022 in Review
103 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q3 2022, worth a combined $1.45B — down 19% from $1.8B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new TAC positions and 20 closed out — a net gain of 2 holders — while 42 added to existing stakes and 31 trimmed.
The largest buyer was Intact Investment Management, adding an estimated $20.6M. The largest seller was Bank of Montreal, cutting an estimated $25.5M.
- 103 institutional investors held TransAlta (TAC) as of Q3 2022, up from 101 in Q2 2022.
- Funds reported $1.45B of TransAlta stock for Q3 2022, down 19% quarter-over-quarter.
- 22 funds opened new TransAlta positions in Q3 2022 and 20 closed out, a net change of +2 holders.
- The largest TransAlta buyer in Q3 2022 was Intact Investment Management, an estimated $20.6M added.
- The largest TransAlta seller in Q3 2022 was Bank of Montreal, an estimated $25.5M sold.
Based on aggregated 13F filings for Q3 2022.