TC Energy
465 hedge funds and large institutions have $27.4B invested in TC Energy in 2020 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 179 increasing their positions, 156 reducing their positions, and 49 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 156
14% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 49
1.28% more ownership
Funds ownership: 66.92% → 68.2% (+1.3%)
8% more call options, than puts
Call options by funds: $168M | Put options by funds: $156M
1% more funds holding
Funds holding: 462 → 465 (+3)
1% less capital invested
Capital invested by funds: $27.8B → $27.4B (-$413M)
35% less funds holding in top 10
Funds holding in top 10: 37 → 24 (-13)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$929M |
| 2 |
Blackstone Inc
New York
|
+$549M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$261M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$244M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$227M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$303M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$270M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$240M |
| 4 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$220M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
-$205M |
TRP Hedge Fund Activity: Q2 2020 in Review
465 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q2 2020, worth a combined $27.4B — down 1.5% from $27.8B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new TRP positions and 49 closed out — a net gain of 7 holders — while 179 added to existing stakes and 156 trimmed.
The largest buyer was Capital International Investors, adding an estimated $929M. The largest seller was Fidelity International, cutting an estimated $303M.
- 465 institutional investors held TC Energy (TRP) as of Q2 2020, up from 462 in Q1 2020.
- Funds reported $27.4B of TC Energy stock for Q2 2020, down 1.5% quarter-over-quarter.
- 56 funds opened new TC Energy positions in Q2 2020 and 49 closed out, a net change of +7 holders.
- The largest TC Energy buyer in Q2 2020 was Capital International Investors, an estimated $929M added.
- The largest TC Energy seller in Q2 2020 was Fidelity International, an estimated $303M sold.
Based on aggregated 13F filings for Q2 2020.