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TFI International

289 hedge funds and large institutions have $9.14B invested in TFI International in 2024 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 81 increasing their positions, 114 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

121% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 28

16% more capital invested

Capital invested by funds: $7.9B → $9.14B (+$1.24B)

13% more funds holding

Funds holding: 256289 (+33)

0.15% more ownership

Funds ownership: 67.49%67.65% (+0.15%)

9% less funds holding in top 10

Funds holding in top 10: 1110 (-1)

22% less call options, than puts

Call options by funds: $139M | Put options by funds: $178M

29% less repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 114

Holders
289
Holders Change
+33
Holders Change %
+12.89%
% of All Funds
4.16%
Holding in Top 10
10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-9.09%
% of All Funds
0.14%
New
62
Increased
81
Reduced
114
Closed
28
Calls
$139M
Puts
$178M
Net Calls
-$39.6M
Net Calls Change
-$83M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Research Global Investors
1
Capital Research Global Investors
California
$1B +$58.7M +410,337 +7%
Capital International Investors
2
Capital International Investors
California
$999M -$154M -1,077,839 -15%
Janus Henderson Group
3
Janus Henderson Group
United Kingdom
$620M +$14.2M +99,387 +3%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$580M -$12.5M -87,476 -2%
Fidelity International
5
Fidelity International
Bermuda
$493M -$102M -714,799 -19%
Vanguard Group
6
Vanguard Group
Pennsylvania
$491M -$5.33M -37,269 -1%
Caisse de Depot et Placement du Quebec (CDPQ)
7
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$329M +$10M +70,000 +4%
Manulife (Manufacturers Life Insurance)
8
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$282M +$107M +745,617 +73%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$269M -$167K -1,165 -0.1%
Bank of America
10
Bank of America
North Carolina
$238M -$60.7M -424,329 -22%
Wellington Management Group
11
Wellington Management Group
Massachusetts
$196M +$99.7M +696,761 +131%
Norges Bank
12
Norges Bank
Norway
$194M -$21M -147,038 -11%
1832 Asset Management
13
1832 Asset Management
Ontario, Canada
$178M +$3.83M +26,795 +2%
CII
14
Capital International Inc
California
$168M -$7.4M -51,722 -5%
Bank of Montreal
15
Bank of Montreal
Ontario, Canada
$165M +$11.8M +82,392 +9%
TCAM
16
Turtle Creek Asset Management
Ontario, Canada
$152M -$59M -412,400 -30%
FDCDDQ
17
Federation des caisses Desjardins du Quebec
Quebec, Canada
$147M -$673K -4,703 -0.7%
National Bank of Canada
18
National Bank of Canada
Quebec, Canada
$118M +$8.2M +57,363 +7%
Capital World Investors
19
Capital World Investors
California
$93.8M +$49.9K +349 +0.1%
CIBC World Market
20
CIBC World Market
Ontario, Canada
$85.7M -$3.79M -26,478 -5%
Mackenzie Financial
21
Mackenzie Financial
Ontario, Canada
$85.1M +$8.49M +59,372 +13%
DMIC
22
Dixon Mitchell Investment Counsel
British Columbia, Canada
$85M -$258K -1,807 -0.3%
Arrowstreet Capital
23
Arrowstreet Capital
Massachusetts
$78.2M +$9.03M +63,114 +15%
Acadian Asset Management
24
Acadian Asset Management
Massachusetts
$72.6M -$7.81M -54,600 -11%
BFS
25
Baskin Financial Services
Ontario, Canada
$69.5M -$1.3M -9,088 -2%

TFII Hedge Fund Activity: Q1 2024 in Review

289 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in TFI International (TFII) for Q1 2024, worth a combined $9.14B — up 16% from $7.9B a quarter earlier.

Buyers outnumbered sellers: 62 funds opened new TFII positions and 28 closed out — a net gain of 34 holders — while 81 added to existing stakes and 114 trimmed.

The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $107M. The largest seller was Capital International Investors, cutting an estimated $154M.

  • 289 institutional investors held TFI International (TFII) as of Q1 2024, up from 256 in Q4 2023.
  • Funds reported $9.14B of TFI International stock for Q1 2024, up 16% quarter-over-quarter.
  • 62 funds opened new TFI International positions in Q1 2024 and 28 closed out, a net change of +34 holders.
  • The largest TFI International buyer in Q1 2024 was Manulife (Manufacturers Life Insurance), an estimated $107M added.
  • The largest TFI International seller in Q1 2024 was Capital International Investors, an estimated $154M sold.

Based on aggregated 13F filings for Q1 2024.