Tricon Residential Inc.
TCN was delisted on the 1st of May, 2024.
134 hedge funds and large institutions have $1.16B invested in Tricon Residential Inc. in 2022 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 46 increasing their positions, 55 reducing their positions, and 20 closing their positions.
596% more call options, than puts
Call options by funds: $21.1M | Put options by funds: $3.03M
1% less funds holding
Funds holding: 135 → 134 (-1)
5% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 20
12% less capital invested
Capital invested by funds: $1.32B → $1.16B (-$162M)
16% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 55
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$141M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$93.4M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$21.9M |
| 4 |
Cohen & Steers
New York
|
+$16.8M |
| 5 |
GA
GRS Advisors
Chicago,
Illinois
|
+$8.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$103M |
| 2 |
Blackstone Inc
New York
|
-$49.2M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$12.2M |
| 4 |
Morgan Stanley
New York
|
-$11.3M |
| 5 |
NAM
NewGen Asset Management
Toronto,
Ontario, Canada
|
-$8.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BWL
151
Bogart Wealth LLC
Mclean,
Virginia
| – | -$10K | -1,000 | Closed |
|
|
SWM
152
Spire Wealth Management
Mclean,
Virginia
| – | -$2K | -229 | Closed |
|
153
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$1K | -50 | Closed |
|
TCN Hedge Fund Activity: Q3 2022 in Review
134 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Tricon Residential Inc. (TCN) for Q3 2022, worth a combined $1.16B — down 12% from $1.32B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of TCN and 19 opened new positions — a net loss of 1 holder — while 55 trimmed existing stakes and 46 added.
The largest buyer was Bank of Montreal, adding an estimated $141M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $103M sold.
- 134 institutional investors held Tricon Residential Inc. (TCN) as of Q3 2022, down from 135 in Q2 2022.
- Funds reported $1.16B of Tricon Residential Inc. stock for Q3 2022, down 12% quarter-over-quarter.
- 19 funds opened new Tricon Residential Inc. positions in Q3 2022 and 20 closed out, a net change of -1 holder.
- The largest Tricon Residential Inc. buyer in Q3 2022 was Bank of Montreal, an estimated $141M added.
- The largest Tricon Residential Inc. seller in Q3 2022 was T. Rowe Price Associates, an estimated $103M sold.
Based on aggregated 13F filings for Q3 2022.