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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
Allianz Asset Management
51
Allianz Asset Management
Germany
$2.08M +$1.93M +234,282 +680%
CSS
52
Cubist Systematic Strategies
Connecticut
$1.92M +$1.88M +228,899 +1,249%
Dimensional Fund Advisors
53
Dimensional Fund Advisors
Texas
$1.86M +$91.6K +11,125 +5%
Deutsche Bank
54
Deutsche Bank
Germany
$1.81M +$67.7K +8,226 +4%
National Bank of Canada
55
National Bank of Canada
Quebec, Canada
$1.75M -$2.08M -252,618 -53%
Invesco
56
Invesco
Georgia
$1.67M +$313K +37,976 +21%
AM
57
AGF Management
Ontario, Canada
$1.62M
First Manhattan
58
First Manhattan
New York
$1.57M +$344K +41,815 +26%
Amundi
59
Amundi
France
$1.36M +$123K +14,999 +9%
D.E. Shaw & Co
60
D.E. Shaw & Co
New York
$1.3M -$1M -121,600 -42%
Connor, Clark & Lunn Investment Management (CC&L)
61
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$1.28M
TWC
62
TD Waterhouse Canada
Ontario, Canada
$1.27M -$347K -42,121 -26%
Canada Pension Plan Investment Board
63
Canada Pension Plan Investment Board
Ontario, Canada
$1.24M -$482K -58,600 -27%
Franklin Resources
64
Franklin Resources
California
$1.15M +$69.9K +8,496 +6%
PP
65
PDT Partners
New York
$1.12M +$315K +38,272 +36%
TC
66
Tacita Capital
Ontario, Canada
$1.08M -$9.96K -1,210 -0.9%
Canada Life
67
Canada Life
Manitoba, Canada
$1.02M +$15.4K +1,866 +1%
Geode Capital Management
68
Geode Capital Management
Massachusetts
$1M +$30.9K +3,749 +3%
Prudential Financial
69
Prudential Financial
New Jersey
$956K
HSBC Holdings
70
HSBC Holdings
United Kingdom
$895K +$123K +14,987 +15%
Renaissance Technologies
71
Renaissance Technologies
New York
$884K -$999K -121,397 -52%
AIM
72
Aigen Investment Management
New York
$804K +$853K +103,668 New
CIM
73
Caldwell Investment Management
Ontario, Canada
$742K
RCG
74
Rock Creek Group
District of Columbia
$733K -$45.1K -5,482 -5%
AllianceBernstein
75
AllianceBernstein
Tennessee
$720K -$7.77K -944 -1%

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.