TC Energy
427 hedge funds and large institutions have $22.3B invested in TC Energy in 2018 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 157 increasing their positions, 134 reducing their positions, and 54 closing their positions.
87% more call options, than puts
Call options by funds: $87.9M | Put options by funds: $47M
17% more repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 134
1.57% more ownership
Funds ownership: 59.27% → 60.84% (+1.6%)
3% less funds holding
Funds holding: 438 → 427 (-11)
12% less capital invested
Capital invested by funds: $25.4B → $22.3B (-$3.11B)
15% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 54
28% less funds holding in top 10
Funds holding in top 10: 25 → 18 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
+$239M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$217M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$203M |
| 4 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$139M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$127M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$267M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$161M |
| 3 |
Blackstone Inc
New York
|
-$109M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$67M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$59.9M |
TRP Hedge Fund Activity: Q1 2018 in Review
427 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q1 2018, worth a combined $22.3B — down 12% from $25.4B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of TRP and 46 opened new positions — a net loss of 8 holders — while 134 trimmed existing stakes and 157 added.
The largest buyer was Commonwealth Bank of Australia, adding an estimated $239M. The largest seller was Brookfield Corp, exiting entirely with an estimated $267M sold.
- 427 institutional investors held TC Energy (TRP) as of Q1 2018, down from 438 in Q4 2017.
- Funds reported $22.3B of TC Energy stock for Q1 2018, down 12% quarter-over-quarter.
- 46 funds opened new TC Energy positions in Q1 2018 and 54 closed out, a net change of -8 holders.
- The largest TC Energy buyer in Q1 2018 was Commonwealth Bank of Australia, an estimated $239M added.
- The largest TC Energy seller in Q1 2018 was Brookfield Corp, an estimated $267M sold.
Based on aggregated 13F filings for Q1 2018.