TC Energy
350 hedge funds and large institutions have $15.4B invested in TC Energy in 2015 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 122 increasing their positions, 124 reducing their positions, and 41 closing their positions.
336% more call options, than puts
Call options by funds: $110M | Put options by funds: $25.3M
17% more funds holding in top 10
Funds holding in top 10: 18 → 21 (+3)
0.87% more ownership
Funds ownership: 52.93% → 53.8% (+0.87%)
2% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 124
4% less capital invested
Capital invested by funds: $16.1B → $15.4B (-$679M)
6% less funds holding
Funds holding: 374 → 350 (-24)
46% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$428M |
| 2 |
GCM
Glenview Capital Management
New York
|
+$106M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$103M |
| 4 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
+$81.2M |
| 5 |
PC
PointState Capital
New York
|
+$75.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$237M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$187M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$98.4M |
| 4 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
-$84M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$53.5M |
TRP Hedge Fund Activity: Q2 2015 in Review
350 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q2 2015, worth a combined $15.4B — down 4.2% from $16.1B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of TRP and 22 opened new positions — a net loss of 19 holders — while 124 trimmed existing stakes and 122 added.
The largest buyer was Caisse de Depot et Placement du Quebec (CDPQ), adding an estimated $428M. The largest seller was Bank of Nova Scotia, cutting an estimated $237M.
- 350 institutional investors held TC Energy (TRP) as of Q2 2015, down from 374 in Q1 2015.
- Funds reported $15.4B of TC Energy stock for Q2 2015, down 4.2% quarter-over-quarter.
- 22 funds opened new TC Energy positions in Q2 2015 and 41 closed out, a net change of -19 holders.
- The largest TC Energy buyer in Q2 2015 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $428M added.
- The largest TC Energy seller in Q2 2015 was Bank of Nova Scotia, an estimated $237M sold.
Based on aggregated 13F filings for Q2 2015.