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TFI International

272 hedge funds and large institutions have $8.43B invested in TFI International in 2024 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 90 increasing their positions, 115 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

97% more call options, than puts

Call options by funds: $34.8M | Put options by funds: $17.7M

1.02% more ownership

Funds ownership: 67.65%68.67% (+1%)

6% less funds holding

Funds holding: 289272 (-17)

8% less capital invested

Capital invested by funds: $9.14B → $8.43B (-$714M)

22% less repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 115

30% less funds holding in top 10

Funds holding in top 10: 107 (-3)

30% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 43

Holders
272
Holders Change
-17
Holders Change %
-5.88%
% of All Funds
3.93%
Holding in Top 10
7
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-30%
% of All Funds
0.1%
New
30
Increased
90
Reduced
115
Closed
43
Calls
$34.8M
Puts
$17.7M
Net Calls
+$17.1M
Net Calls Change
+$56.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Research Global Investors
1
Capital Research Global Investors
California
$1.13B +$212M +1,504,369 +24%
Capital International Investors
2
Capital International Investors
California
$747M -$156M -1,102,586 -18%
Janus Henderson Group
3
Janus Henderson Group
United Kingdom
$552M -$12.6M -88,926 -2%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$533M +$5.1M +36,122 +1%
Vanguard Group
5
Vanguard Group
Pennsylvania
$454M +$6.31M +44,683 +1%
Fidelity International
6
Fidelity International
Bermuda
$433M -$15.2M -107,817 -3%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$412M +$227M +1,609,172 +131%
Caisse de Depot et Placement du Quebec (CDPQ)
8
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$382M +$80.9M +573,300 +28%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$263M +$17.1M +120,901 +7%
Manulife (Manufacturers Life Insurance)
10
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$224M -$30.7M -217,418 -12%
FDCDDQ
11
Federation des caisses Desjardins du Quebec
Quebec, Canada
$207M +$105M +742,491 +108%
Norges Bank
12
Norges Bank
Norway
$180M +$4.02M +28,508 +2%
1832 Asset Management
13
1832 Asset Management
Ontario, Canada
$170M +$8.3M +58,764 +5%
Bank of America
14
Bank of America
North Carolina
$146M -$69.2M -490,480 -33%
TCAM
15
Turtle Creek Asset Management
Ontario, Canada
$144M +$4.98M +35,250 +4%
CII
16
Capital International Inc
California
$140M -$12.9M -91,332 -9%
National Bank of Canada
17
National Bank of Canada
Quebec, Canada
$127M +$3.36M +23,768 +3%
Bank of Montreal
18
Bank of Montreal
Ontario, Canada
$117M -$27.7M -196,376 -19%
Arrowstreet Capital
19
Arrowstreet Capital
Massachusetts
$84.1M +$12.6M +88,935 +18%
DMIC
20
Dixon Mitchell Investment Counsel
British Columbia, Canada
$78.4M +$972K +6,887 +1%
Mackenzie Financial
21
Mackenzie Financial
Ontario, Canada
$75M -$2.39M -16,924 -3%
CIBC World Market
22
CIBC World Market
Ontario, Canada
$73.6M -$4.3M -30,490 -6%
Capital World Investors
23
Capital World Investors
California
$64.7M -$20.1M -142,727 -24%
BFS
24
Baskin Financial Services
Ontario, Canada
$60.4M -$2.84M -20,123 -5%
CU
25
CDAM (UK)
United Kingdom
$59.7M +$2.81M +19,900 +5%

TFII Hedge Fund Activity: Q2 2024 in Review

272 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in TFI International (TFII) for Q2 2024, worth a combined $8.43B — down 7.8% from $9.14B a quarter earlier.

Sellers outnumbered buyers: 43 funds closed out of TFII and 30 opened new positions — a net loss of 13 holders — while 115 trimmed existing stakes and 90 added.

The largest buyer was Wellington Management Group, adding an estimated $227M. The largest seller was Capital International Investors, cutting an estimated $156M.

  • 272 institutional investors held TFI International (TFII) as of Q2 2024, down from 289 in Q1 2024.
  • Funds reported $8.43B of TFI International stock for Q2 2024, down 7.8% quarter-over-quarter.
  • 30 funds opened new TFI International positions in Q2 2024 and 43 closed out, a net change of -13 holders.
  • The largest TFI International buyer in Q2 2024 was Wellington Management Group, an estimated $227M added.
  • The largest TFI International seller in Q2 2024 was Capital International Investors, an estimated $156M sold.

Based on aggregated 13F filings for Q2 2024.