TC Energy
310 hedge funds and large institutions have $14.8B invested in TC Energy in 2013 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 103 increasing their positions, 112 reducing their positions, and 31 closing their positions.
350% more call options, than puts
Call options by funds: $83.8M | Put options by funds: $18.6M
29% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 31
2% more funds holding
Funds holding: 304 → 310 (+6)
2% more capital invested
Capital invested by funds: $14.5B → $14.8B (+$303M)
0.87% less ownership
Funds ownership: 46.71% → 45.84% (-0.87%)
8% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 112
13% less funds holding in top 10
Funds holding in top 10: 16 → 14 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$79.3M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$75.4M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$33.9M |
| 4 |
JP Morgan Chase
New York
|
+$26.6M |
| 5 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
+$21.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$64.3M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$43.8M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$41.3M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$41M |
| 5 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$37.6M |
TRP Hedge Fund Activity: Q4 2013 in Review
310 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q4 2013, worth a combined $14.8B — up 2.1% from $14.5B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new TRP positions and 31 closed out — a net gain of 9 holders — while 103 added to existing stakes and 112 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $79.3M. The largest seller was Fidelity Investments, cutting an estimated $64.3M.
- 310 institutional investors held TC Energy (TRP) as of Q4 2013, up from 304 in Q3 2013.
- Funds reported $14.8B of TC Energy stock for Q4 2013, up 2.1% quarter-over-quarter.
- 40 funds opened new TC Energy positions in Q4 2013 and 31 closed out, a net change of +9 holders.
- The largest TC Energy buyer in Q4 2013 was Deutsche Bank, an estimated $79.3M added.
- The largest TC Energy seller in Q4 2013 was Fidelity Investments, an estimated $64.3M sold.
Based on aggregated 13F filings for Q4 2013.