Tricon Residential Inc.
TCN was delisted on the 1st of May, 2024.
135 hedge funds and large institutions have $1.32B invested in Tricon Residential Inc. in 2022 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 46 increasing their positions, 51 reducing their positions, and 24 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
13% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 24
1% more funds holding
Funds holding: 134 → 135 (+1)
10% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 51
44% less capital invested
Capital invested by funds: $2.36B → $1.32B (-$1.04B)
89% less call options, than puts
Call options by funds: $2.55M | Put options by funds: $22.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
+$62.3M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$44.7M |
| 3 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$37.9M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$25.6M |
| 5 |
Millennium Management
New York
|
+$22.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$63.1M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$48.7M |
| 3 |
HRES
Heitman Real Estate Securities
Chicago,
Illinois
|
-$48.6M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$28.2M |
| 5 |
TPM
Triasima Portfolio Management
Montreal,
Quebec, Canada
|
-$27.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MC
151
Moors & Cabot
Boston,
Massachusetts
| – | -$299K | -18,800 | Closed |
|
|
RJA
152
Raymond James & Associates
St Petersburg,
Florida
| – | -$291K | -18,340 | Closed |
|
|
VF
153
Virtu Financial
New York
| – | -$183K | -11,534 | Closed |
|
|
PCOC
154
Power Corp of Canada
Montreal, Quebec,
Canada
| – | -$59K | -3,694 | Closed |
|
155
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
| – | -$39K | -2,428 | Closed |
|
156
Lazard Asset Management
New York
| – | -$31K | -1,990 | Closed |
|
157
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -150 | Closed |
|
|
FHA
158
First Horizon Advisors
Memphis,
Tennessee
| – | -$1K | -33 | Closed |
|
|
AW
159
ACG Wealth
Atlanta,
Georgia
| – | +$257 | +20 | New |
|
TCN Hedge Fund Activity: Q2 2022 in Review
135 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Tricon Residential Inc. (TCN) for Q2 2022, worth a combined $1.32B — down 44% from $2.36B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new TCN positions and 24 closed out — a net gain of 3 holders — while 46 added to existing stakes and 51 trimmed.
The largest buyer was Blackstone Inc, opening a new position worth an estimated $62.3M. The largest seller was Fidelity International, cutting an estimated $63.1M.
- 135 institutional investors held Tricon Residential Inc. (TCN) as of Q2 2022, up from 134 in Q1 2022.
- Funds reported $1.32B of Tricon Residential Inc. stock for Q2 2022, down 44% quarter-over-quarter.
- 27 funds opened new Tricon Residential Inc. positions in Q2 2022 and 24 closed out, a net change of +3 holders.
- The largest Tricon Residential Inc. buyer in Q2 2022 was Blackstone Inc, an estimated $62.3M added.
- The largest Tricon Residential Inc. seller in Q2 2022 was Fidelity International, an estimated $63.1M sold.
Based on aggregated 13F filings for Q2 2022.