TransAlta
138 hedge funds and large institutions have $1.15B invested in TransAlta in 2024 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 62 increasing their positions, 38 reducing their positions, and 19 closing their positions.
431% more call options, than puts
Call options by funds: $5.35M | Put options by funds: $1.01M
63% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 38
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
1% more funds holding
Funds holding: 137 → 138 (+1)
1.51% less ownership
Funds ownership: 58.87% → 57.37% (-1.5%)
25% less capital invested
Capital invested by funds: $1.52B → $1.15B (-$375M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$55.8M |
| 2 |
Millennium Management
New York
|
+$27.3M |
| 3 |
Morgan Stanley
New York
|
+$11.3M |
| 4 |
D.E. Shaw & Co
New York
|
+$8.69M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$5.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$35.2M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$30.7M |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$6.25M |
| 4 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$5.15M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$4.97M |
TAC Hedge Fund Activity: Q1 2024 in Review
138 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in TransAlta (TAC) for Q1 2024, worth a combined $1.15B — down 25% from $1.52B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TAC positions and 19 closed out — a net gain of 1 holder — while 62 added to existing stakes and 38 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $55.8M. The largest seller was CIBC Asset Management, cutting an estimated $35.2M.
- 138 institutional investors held TransAlta (TAC) as of Q1 2024, up from 137 in Q4 2023.
- Funds reported $1.15B of TransAlta stock for Q1 2024, down 25% quarter-over-quarter.
- 20 funds opened new TransAlta positions in Q1 2024 and 19 closed out, a net change of +1 holder.
- The largest TransAlta buyer in Q1 2024 was Royal Bank of Canada, an estimated $55.8M added.
- The largest TransAlta seller in Q1 2024 was CIBC Asset Management, an estimated $35.2M sold.
Based on aggregated 13F filings for Q1 2024.