TransAlta
110 hedge funds and large institutions have $1.53B invested in TransAlta in 2023 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 38 increasing their positions, 41 reducing their positions, and 13 closing their positions.
237% more call options, than puts
Call options by funds: $5.83M | Put options by funds: $1.73M
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
3% more funds holding
Funds holding: 107 → 110 (+3)
0.58% more ownership
Funds ownership: 64.63% → 65.22% (+0.58%)
2% less capital invested
Capital invested by funds: $1.57B → $1.53B (-$38.3M)
7% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 41
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$19.1M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$12.9M |
| 3 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
+$8.16M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.07M |
| 5 |
TWC
TD Waterhouse Canada
Toronto,
Ontario, Canada
|
+$3.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$15.5M |
| 2 |
Millennium Management
New York
|
-$14.8M |
| 3 |
NAM
NewGen Asset Management
Toronto,
Ontario, Canada
|
-$8.3M |
| 4 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$7.24M |
| 5 |
PIC
PCJ Investment Counsel
Toronto,
Ontario, Canada
|
-$5.26M |
TAC Hedge Fund Activity: Q1 2023 in Review
110 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q1 2023, worth a combined $1.53B — down 2.4% from $1.57B a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TAC positions and 13 closed out — a net gain of 5 holders — while 38 added to existing stakes and 41 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $19.1M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $15.5M.
- 110 institutional investors held TransAlta (TAC) as of Q1 2023, up from 107 in Q4 2022.
- Funds reported $1.53B of TransAlta stock for Q1 2023, down 2.4% quarter-over-quarter.
- 18 funds opened new TransAlta positions in Q1 2023 and 13 closed out, a net change of +5 holders.
- The largest TransAlta buyer in Q1 2023 was Royal Bank of Canada, an estimated $19.1M added.
- The largest TransAlta seller in Q1 2023 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $15.5M sold.
Based on aggregated 13F filings for Q1 2023.