Tricon Residential Inc.
TCN was delisted on the 1st of May, 2024.
134 hedge funds and large institutions have $2.36B invested in Tricon Residential Inc. in 2022 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 39 increasing their positions, 52 reducing their positions, and 16 closing their positions.
186% more call options, than puts
Call options by funds: $6.79M | Put options by funds: $2.38M
113% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 16
15% more funds holding
Funds holding: 117 → 134 (+17)
11% more capital invested
Capital invested by funds: $2.13B → $2.36B (+$225M)
3.03% more ownership
Funds ownership: 51.04% → 54.06% (+3%)
25% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 52
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$135M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$44.9M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$36.8M |
| 4 |
Janus Henderson Group
London,
|
+$34.5M |
| 5 |
Cohen & Steers
New York
|
+$32.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$46.2M |
| 2 |
VC
Vision Capital
Toronto,
Ontario, Canada
|
-$42.4M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$38.2M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$31.2M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$27M |
TCN Hedge Fund Activity: Q1 2022 in Review
134 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Tricon Residential Inc. (TCN) for Q1 2022, worth a combined $2.36B — up 11% from $2.13B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new TCN positions and 16 closed out — a net gain of 18 holders — while 39 added to existing stakes and 52 trimmed.
The largest buyer was Vanguard Group, adding an estimated $135M. The largest seller was Fidelity International, cutting an estimated $46.2M.
- 134 institutional investors held Tricon Residential Inc. (TCN) as of Q1 2022, up from 117 in Q4 2021.
- Funds reported $2.36B of Tricon Residential Inc. stock for Q1 2022, up 11% quarter-over-quarter.
- 34 funds opened new Tricon Residential Inc. positions in Q1 2022 and 16 closed out, a net change of +18 holders.
- The largest Tricon Residential Inc. buyer in Q1 2022 was Vanguard Group, an estimated $135M added.
- The largest Tricon Residential Inc. seller in Q1 2022 was Fidelity International, an estimated $46.2M sold.
Based on aggregated 13F filings for Q1 2022.