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TC Energy

438 hedge funds and large institutions have $25.4B invested in TC Energy in 2017 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 148 increasing their positions, 120 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

245% more call options, than puts

Call options by funds: $69.5M | Put options by funds: $20.1M

68% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 40

23% more repeat investments, than reductions

Existing positions increased: 148 | Existing positions reduced: 120

6% more funds holding

Funds holding: 414438 (+24)

1.44% more ownership

Funds ownership: 57.83%59.27% (+1.4%)

2% more capital invested

Capital invested by funds: $24.9B → $25.4B (+$453M)

11% less funds holding in top 10

Funds holding in top 10: 2825 (-3)

Holders
438
Holders Change
+24
Holders Change %
+5.8%
% of All Funds
9.93%
Holding in Top 10
25
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-10.71%
% of All Funds
0.57%
New
67
Increased
148
Reduced
120
Closed
40
Calls
$69.5M
Puts
$20.1M
Net Calls
+$49.4M
Net Calls Change
+$6.34M
Name Holding Trade Value Shares
Change
Change in
Stake
Canada Life
26
Canada Life
Manitoba, Canada
$237M -$3.1M -63,471 -1%
Massachusetts Financial Services
27
Massachusetts Financial Services
Massachusetts
$228M +$8.47M +173,465 +4%
Franklin Resources
28
Franklin Resources
California
$217M -$1.9M -38,925 -0.9%
Bank of Nova Scotia
29
Bank of Nova Scotia
Ontario, Canada
$209M +$76.7M +1,570,829 +58%
Manulife (Manufacturers Life Insurance)
30
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$190M +$10.9M +222,459 +6%
GCC
31
Guardian Capital (Canada)
Ontario, Canada
$184M -$11.7M -240,550 -6%
SC
32
Scotia Capital
Ontario, Canada
$178M +$753K +15,418 +0.4%
Swiss National Bank
33
Swiss National Bank
Switzerland
$164M +$19.5K +400 +0%
Toronto Dominion Bank
34
Toronto Dominion Bank
Ontario, Canada
$161M -$3.24M -66,441 -2%
ACI
35
AMP Capital Investors
Australia
$138M -$3.97M -81,298 -3%
Sumitomo Mitsui Trust Group
36
Sumitomo Mitsui Trust Group
Japan
$127M +$1.12M +22,900 +0.9%
CS
37
Credit Suisse
Switzerland
$123M -$8.11M -166,076 -6%
Fiera Capital (Canada)
38
Fiera Capital (Canada)
Quebec, Canada
$123M -$56.1M -1,149,175 -31%
DPIM
39
Duff & Phelps Investment Management
Illinois
$122M
Morgan Stanley
40
Morgan Stanley
New York
$117M +$29.9M +612,282 +34%
PNC Financial Services Group
41
PNC Financial Services Group
Pennsylvania
$109M +$28.9K +591 +0%
Blackstone Inc
42
Blackstone Inc
New York
$109M +$109M +2,232,990 New
Jennison Associates
43
Jennison Associates
New York
$105M +$1.41M +28,815 +1%
Russell Investments Group
44
Russell Investments Group
United Kingdom
$93.6M +$1.27M +26,023 +1%
MBI
45
Montrusco Bolton Investments
Quebec, Canada
$81.6M +$1.94M +39,743 +2%
Public Sector Pension Investment Board (PSP Investments)
46
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$79.7M -$4.22M -86,404 -5%
CAM
47
Cidel Asset Management
Ontario, Canada
$76.5M -$737K -15,085 -1%
KACA
48
Kayne Anderson Capital Advisors
California
$71.8M -$8.29M -169,800 -10%
SRAIM
49
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$68M -$21.3M -435,450 -24%
HAI
50
Hennessy Advisors Inc
California
$66.5M -$1.37M -28,000 -2%

TRP Hedge Fund Activity: Q4 2017 in Review

438 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q4 2017, worth a combined $25.4B — up 1.8% from $24.9B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new TRP positions and 40 closed out — a net gain of 27 holders — while 148 added to existing stakes and 120 trimmed.

The largest buyer was Mackenzie Financial, adding an estimated $652M. The largest seller was Fidelity Investments, cutting an estimated $153M.

  • 438 institutional investors held TC Energy (TRP) as of Q4 2017, up from 414 in Q3 2017.
  • Funds reported $25.4B of TC Energy stock for Q4 2017, up 1.8% quarter-over-quarter.
  • 67 funds opened new TC Energy positions in Q4 2017 and 40 closed out, a net change of +27 holders.
  • The largest TC Energy buyer in Q4 2017 was Mackenzie Financial, an estimated $652M added.
  • The largest TC Energy seller in Q4 2017 was Fidelity Investments, an estimated $153M sold.

Based on aggregated 13F filings for Q4 2017.