TC Energy
500 hedge funds and large institutions have $29B invested in TC Energy in 2023 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 179 increasing their positions, 177 reducing their positions, and 62 closing their positions.
4.27% more ownership
Funds ownership: 77.63% → 81.9% (+4.3%)
1% more repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 177
4% less call options, than puts
Call options by funds: $275M | Put options by funds: $285M
10% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 62
3% less funds holding
Funds holding: 514 → 500 (-14)
10% less capital invested
Capital invested by funds: $32.2B → $29B (-$3.24B)
15% less funds holding in top 10
Funds holding in top 10: 26 → 22 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$732M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$688M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$530M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$298M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$252M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$682M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$440M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$176M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$161M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$144M |
TRP Hedge Fund Activity: Q3 2023 in Review
500 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q3 2023, worth a combined $29B — down 10% from $32.2B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of TRP and 56 opened new positions — a net loss of 6 holders — while 177 trimmed existing stakes and 179 added.
The largest buyer was Capital Research Global Investors, adding an estimated $732M. The largest seller was Wellington Management Group, cutting an estimated $682M.
- 500 institutional investors held TC Energy (TRP) as of Q3 2023, down from 514 in Q2 2023.
- Funds reported $29B of TC Energy stock for Q3 2023, down 10% quarter-over-quarter.
- 56 funds opened new TC Energy positions in Q3 2023 and 62 closed out, a net change of -6 holders.
- The largest TC Energy buyer in Q3 2023 was Capital Research Global Investors, an estimated $732M added.
- The largest TC Energy seller in Q3 2023 was Wellington Management Group, an estimated $682M sold.
Based on aggregated 13F filings for Q3 2023.