TC Energy
477 hedge funds and large institutions have $25B invested in TC Energy in 2020 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 147 increasing their positions, 189 reducing their positions, and 49 closing their positions.
33% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 49
2% more funds holding
Funds holding: 467 → 477 (+10)
0.86% less ownership
Funds ownership: 65.97% → 65.11% (-0.86%)
5% less capital invested
Capital invested by funds: $26.2B → $25B (-$1.21B)
16% less call options, than puts
Call options by funds: $223M | Put options by funds: $265M
22% less repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 189
50% less funds holding in top 10
Funds holding in top 10: 26 → 13 (-13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
+$365M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$127M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$104M |
| 4 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$104M |
| 5 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$96.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$513M |
| 2 |
Blackstone Inc
New York
|
-$234M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$199M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$160M |
| 5 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$157M |
TRP Hedge Fund Activity: Q4 2020 in Review
477 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q4 2020, worth a combined $25B — down 4.6% from $26.2B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new TRP positions and 49 closed out — a net gain of 16 holders — while 147 added to existing stakes and 189 trimmed.
The largest buyer was Dodge & Cox, adding an estimated $365M. The largest seller was T. Rowe Price Associates, cutting an estimated $513M.
- 477 institutional investors held TC Energy (TRP) as of Q4 2020, up from 467 in Q3 2020.
- Funds reported $25B of TC Energy stock for Q4 2020, down 4.6% quarter-over-quarter.
- 65 funds opened new TC Energy positions in Q4 2020 and 49 closed out, a net change of +16 holders.
- The largest TC Energy buyer in Q4 2020 was Dodge & Cox, an estimated $365M added.
- The largest TC Energy seller in Q4 2020 was T. Rowe Price Associates, an estimated $513M sold.
Based on aggregated 13F filings for Q4 2020.