TC Energy
TRP
517 hedge funds and large institutions have $30.7B invested in TC Energy in 2023 Q4 according to their latest regulatory filings, with 78 funds opening new positions, 140 increasing their positions, 210 reducing their positions, and 56 closing their positions.
39% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 56
6% more capital invested
Capital invested by funds: $29B → $30.7B (+$1.72B)
3% more funds holding
Funds holding: 500 → 517 (+17)
2% less call options, than puts
Call options by funds: $336M | Put options by funds: $344M
6.82% less ownership
Funds ownership: 81.9% → 75.09% (-6.8%)
14% less funds holding in top 10
Funds holding in top 10: 22 → 19 (-3)
33% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 210
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$388M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$367M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$212M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$165M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$136M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$445M |
| 2 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$409M |
| 3 |
M
Murchinson
Toronto,
Ontario, Canada
|
-$397M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$391M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$373M |
TRP Hedge Fund Activity: Q4 2023 in Review
517 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q4 2023, worth a combined $30.7B — up 5.9% from $29B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new TRP positions and 56 closed out — a net gain of 22 holders — while 140 added to existing stakes and 210 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $388M. The largest seller was Canada Pension Plan Investment Board, cutting an estimated $445M.
- 517 institutional investors held TC Energy (TRP) as of Q4 2023, up from 500 in Q3 2023.
- Funds reported $30.7B of TC Energy stock for Q4 2023, up 5.9% quarter-over-quarter.
- 78 funds opened new TC Energy positions in Q4 2023 and 56 closed out, a net change of +22 holders.
- The largest TC Energy buyer in Q4 2023 was Capital Research Global Investors, an estimated $388M added.
- The largest TC Energy seller in Q4 2023 was Canada Pension Plan Investment Board, an estimated $445M sold.
Based on aggregated 13F filings for Q4 2023.