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TCN

Tricon Residential Inc.

Delisted

TCN was delisted on the 1st of May, 2024.

137 hedge funds and large institutions have $1.15B invested in Tricon Residential Inc. in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 58 increasing their positions, 45 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more call options, than puts

Call options by funds: $4.27M | Put options by funds: $3.28M

29% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 45

14% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 14

1% more funds holding

Funds holding: 136137 (+1)

0% less capital invested

Capital invested by funds: $1.16B → $1.15B (-$3.22M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
137
Holders Change
+1
Holders Change %
+0.74%
% of All Funds
2.18%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
16
Increased
58
Reduced
45
Closed
14
Calls
$4.27M
Puts
$3.28M
Net Calls
+$984K
Net Calls Change
-$2.25M
Name Holding Trade Value Shares
Change
Change in
Stake
IIM
26
Intact Investment Management
Quebec, Canada
$8.33M +$1.63M +198,400 +23%
LM
27
Lincluden Management
Ontario, Canada
$8.2M +$2.76M +334,790 +46%
Morgan Stanley
28
Morgan Stanley
New York
$8.02M -$1.66M -201,241 -16%
SC
29
Scotia Capital
Ontario, Canada
$7.78M +$485K +58,932 +6%
CIBC World Market
30
CIBC World Market
Ontario, Canada
$7.22M +$592K +71,917 +8%
CAM
31
Cidel Asset Management
Ontario, Canada
$7.03M
EMCIP
32
Ewing Morris & Co Investment Partners
Ontario, Canada
$6.33M +$457K +55,557 +7%
Verition Fund Management
33
Verition Fund Management
Connecticut
$5.56M +$2.35M +286,130 +66%
CIM
34
Centersquare Investment Management
Pennsylvania
$4.84M -$584K -71,000 -10%
Two Sigma Advisers
35
Two Sigma Advisers
New York
$4.8M -$104K -12,600 -2%
Lord, Abbett & Co
36
Lord, Abbett & Co
New Jersey
$4.77M +$1.25M +151,800 +33%
VC
37
Voss Capital
Texas
$4.7M -$184K -22,381 -4%
Fidelity International
38
Fidelity International
Bermuda
$4.68M -$3.49M -424,257 -41%
Public Sector Pension Investment Board (PSP Investments)
39
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$4.41M +$321K +38,971 +7%
Swiss National Bank
40
Swiss National Bank
Switzerland
$4.38M -$542K -65,800 -10%
BMO
41
Beck Mack & Oliver
New York
$3.93M +$245K +29,766 +6%
JP Morgan Chase
42
JP Morgan Chase
New York
$3.6M +$496K +60,272 +15%
Acadian Asset Management
43
Acadian Asset Management
Massachusetts
$3.43M -$2.12M -257,900 -37%
Citadel Advisors
44
Citadel Advisors
Florida
$3.12M -$12.6M -1,533,772 -79%
Northern Trust
45
Northern Trust
Illinois
$2.98M -$73.3K -8,905 -2%
CS
46
Credit Suisse
Switzerland
$2.61M -$379K -46,077 -12%
Bank of America
47
Bank of America
North Carolina
$2.36M +$334K +40,614 +15%
Two Sigma Investments
48
Two Sigma Investments
New York
$2.27M -$2.72M -330,100 -53%
Goldman Sachs
49
Goldman Sachs
New York
$2.16M +$442K +53,761 +24%
BFS
50
Baskin Financial Services
Ontario, Canada
$2.13M -$5.4K -656 -0.2%

TCN Hedge Fund Activity: Q1 2023 in Review

137 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Tricon Residential Inc. (TCN) for Q1 2023, worth a combined $1.15B — down 0.28% from $1.16B a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new TCN positions and 14 closed out — a net gain of 2 holders — while 58 added to existing stakes and 45 trimmed.

The largest buyer was British Columbia Investment Management, adding an estimated $46M. The largest seller was Cohen & Steers, cutting an estimated $67.7M.

  • 137 institutional investors held Tricon Residential Inc. (TCN) as of Q1 2023, up from 136 in Q4 2022.
  • Funds reported $1.15B of Tricon Residential Inc. stock for Q1 2023, down 0.28% quarter-over-quarter.
  • 16 funds opened new Tricon Residential Inc. positions in Q1 2023 and 14 closed out, a net change of +2 holders.
  • The largest Tricon Residential Inc. buyer in Q1 2023 was British Columbia Investment Management, an estimated $46M added.
  • The largest Tricon Residential Inc. seller in Q1 2023 was Cohen & Steers, an estimated $67.7M sold.

Based on aggregated 13F filings for Q1 2023.