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TC Energy

345 hedge funds and large institutions have $15.5B invested in TC Energy in 2016 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 136 increasing their positions, 101 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

650% more call options, than puts

Call options by funds: $139M | Put options by funds: $18.6M

53% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 36

35% more repeat investments, than reductions

Existing positions increased: 136 | Existing positions reduced: 101

26% more capital invested

Capital invested by funds: $12.3B → $15.5B (+$3.18B)

13% more funds holding in top 10

Funds holding in top 10: 1517 (+2)

5% more funds holding

Funds holding: 330345 (+15)

1.24% more ownership

Funds ownership: 53.75%54.98% (+1.2%)

Holders
345
Holders Change
+15
Holders Change %
+4.55%
% of All Funds
9.19%
Holding in Top 10
17
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+13.33%
% of All Funds
0.45%
New
55
Increased
136
Reduced
101
Closed
36
Calls
$139M
Puts
$18.6M
Net Calls
+$121M
Net Calls Change
+$51.5M
Name Holding Trade Value Shares
Change
Change in
Stake
CS
26
Credit Suisse
Switzerland
$134M -$5.74M -163,920 -5%
MF
27
Magnetar Financial
Illinois
$129M -$66.3M -1,893,922 -37%
SC
28
Scotia Capital
Ontario, Canada
$125M +$3.5M +100,040 +3%
Cohen & Steers
29
Cohen & Steers
New York
$123M +$4.92M +140,493 +5%
Massachusetts Financial Services
30
Massachusetts Financial Services
Massachusetts
$118M +$28.2M +806,264 +37%
Fiera Capital (Canada)
31
Fiera Capital (Canada)
Quebec, Canada
$110M +$36.8M +1,051,761 +61%
RFC
32
Russell Frank Company
Washington
$96.8M +$16.7M +476,352 +24%
CBOA
33
Commonwealth Bank of Australia
Australia
$88.5M +$26.5M +756,763 +51%
Sumitomo Mitsui Trust Group
34
Sumitomo Mitsui Trust Group
Japan
$84.4M +$2.57M +73,538 +4%
HFA
35
Harvest Fund Advisors
Pennsylvania
$81.9M +$40.6M +1,159,969 +126%
Manulife (Manufacturers Life Insurance)
36
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$77.3M +$442K +12,610 +0.6%
HAI
37
Hennessy Advisors Inc
California
$74.4M -$5.13M -146,500 -7%
PIC
38
PCJ Investment Counsel
Ontario, Canada
$69.1M -$3.04M -86,680 -5%
Public Sector Pension Investment Board (PSP Investments)
39
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$61.9M -$10.6M -301,700 -16%
APG Asset Management
40
APG Asset Management
Netherlands
$58.7M +$5.79M +165,500 +17%
JFL
41
Jarislowsky, Fraser Ltd
Quebec, Canada
$55.2M -$1.33M -38,014 -3%
Invesco
42
Invesco
Georgia
$52.9M +$5.62M +160,528 +14%
CCMIC
43
Cardinal Capital Management Inc (Canada)
Manitoba, Canada
$48M +$1.47M +41,958 +4%
H
44
Hexavest
Quebec, Canada
$47.6M -$709K -20,243 -2%
Jennison Associates
45
Jennison Associates
New York
$47.4M +$42.3M +1,206,898 New
Goldman Sachs
46
Goldman Sachs
New York
$46.9M +$11.3M +321,976 +37%
SRAIM
47
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$46.8M +$1.14M +32,590 +3%
Barclays
48
Barclays
United Kingdom
$46.5M +$5.05M +144,160 +14%
DPIM
49
Duff & Phelps Investment Management
Illinois
$45.7M +$54.1K +1,545 +0.1%
ACI
50
AMP Capital Investors
Australia
$44.6M +$4.07M +116,144 +11%

TRP Hedge Fund Activity: Q1 2016 in Review

345 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q1 2016, worth a combined $15.5B — up 26% from $12.3B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new TRP positions and 36 closed out — a net gain of 19 holders — while 136 added to existing stakes and 101 trimmed.

The largest buyer was Brookfield Corp, adding an estimated $90.2M. The largest seller was Toronto Dominion Bank, cutting an estimated $156M.

  • 345 institutional investors held TC Energy (TRP) as of Q1 2016, up from 330 in Q4 2015.
  • Funds reported $15.5B of TC Energy stock for Q1 2016, up 26% quarter-over-quarter.
  • 55 funds opened new TC Energy positions in Q1 2016 and 36 closed out, a net change of +19 holders.
  • The largest TC Energy buyer in Q1 2016 was Brookfield Corp, an estimated $90.2M added.
  • The largest TC Energy seller in Q1 2016 was Toronto Dominion Bank, an estimated $156M sold.

Based on aggregated 13F filings for Q1 2016.