TC Energy
329 hedge funds and large institutions have $12.3B invested in TC Energy in 2015 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 117 increasing their positions, 115 reducing their positions, and 43 closing their positions.
594% more call options, than puts
Call options by funds: $104M | Put options by funds: $15M
1.7% more ownership
Funds ownership: 53.8% → 55.5% (+1.7%)
2% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 115
6% less funds holding
Funds holding: 350 → 329 (-21)
20% less capital invested
Capital invested by funds: $15.4B → $12.3B (-$3.06B)
24% less funds holding in top 10
Funds holding in top 10: 21 → 16 (-5)
40% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
+$137M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$121M |
| 3 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
+$120M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$119M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$66.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
PointState Capital
New York
|
-$240M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$46.6M |
| 3 |
GCM
Glenview Capital Management
New York
|
-$43.5M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$41.9M |
| 5 |
Goldman Sachs
New York
|
-$32.1M |
TRP Hedge Fund Activity: Q3 2015 in Review
329 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q3 2015, worth a combined $12.3B — down 20% from $15.4B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of TRP and 26 opened new positions — a net loss of 17 holders — while 115 trimmed existing stakes and 117 added.
The largest buyer was I.G. Investment Management, adding an estimated $137M. The largest seller was PointState Capital, exiting entirely with an estimated $240M sold.
- 329 institutional investors held TC Energy (TRP) as of Q3 2015, down from 350 in Q2 2015.
- Funds reported $12.3B of TC Energy stock for Q3 2015, down 20% quarter-over-quarter.
- 26 funds opened new TC Energy positions in Q3 2015 and 43 closed out, a net change of -17 holders.
- The largest TC Energy buyer in Q3 2015 was I.G. Investment Management, an estimated $137M added.
- The largest TC Energy seller in Q3 2015 was PointState Capital, an estimated $240M sold.
Based on aggregated 13F filings for Q3 2015.