TFI International
TFII
237 hedge funds and large institutions have $4.72B invested in TFI International in 2025 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 80 increasing their positions, 98 reducing their positions, and 45 closing their positions.
37% more call options, than puts
Call options by funds: $25.5M | Put options by funds: $18.6M
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.77% less ownership
Funds ownership: 65.74% → 64.97% (-0.77%)
7% less funds holding
Funds holding: 256 → 237 (-19)
18% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 98
19% less capital inflows, than outflows
Capital inflows: $520M | Capital outflows: $641M
40% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$149M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$47.3M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
+$39.8M |
| 4 |
Quadrature Capital
London,
United Kingdom
|
+$24.4M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$24.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$72.7M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$72.1M |
| 3 |
Morgan Stanley
New York
|
-$66M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$38.6M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$32.5M |
TFII Hedge Fund Activity: Q3 2025 in Review
237 of the 7,650 institutional investors tracked by Wall St. Rank reported a position in TFI International (TFII) for Q3 2025, worth a combined $4.72B — down 4.2% from $4.93B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of TFII and 27 opened new positions — a net loss of 18 holders — while 98 trimmed existing stakes and 80 added.
The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), adding an estimated $149M. The largest seller was Bank of America, cutting an estimated $72.7M.
- 237 institutional investors held TFI International (TFII) as of Q3 2025, down from 256 in Q2 2025.
- Funds reported $4.72B of TFI International stock for Q3 2025, down 4.2% quarter-over-quarter.
- 27 funds opened new TFI International positions in Q3 2025 and 45 closed out, a net change of -18 holders.
- The largest TFI International buyer in Q3 2025 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $149M added.
- The largest TFI International seller in Q3 2025 was Bank of America, an estimated $72.7M sold.
Based on aggregated 13F filings for Q3 2025.