TC Energy
369 hedge funds and large institutions have $18.1B invested in TC Energy in 2014 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 118 increasing their positions, 114 reducing their positions, and 27 closing their positions.
163% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 27
126% more call options, than puts
Call options by funds: $372M | Put options by funds: $164M
77% more funds holding in top 10
Funds holding in top 10: 13 → 23 (+10)
13% more funds holding
Funds holding: 327 → 369 (+42)
11% more capital invested
Capital invested by funds: $16.3B → $18.1B (+$1.76B)
1.27% more ownership
Funds ownership: 48.24% → 49.51% (+1.3%)
4% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 114
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
+$373M |
| 2 |
PC
PointState Capital
New York
|
+$318M |
| 3 |
MCM
Mason Capital Management
New York
|
+$207M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$198M |
| 5 |
SIG
Senator Investment Group
New York
|
+$155M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$278M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$223M |
| 3 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$214M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$132M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$131M |
TRP Hedge Fund Activity: Q3 2014 in Review
369 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q3 2014, worth a combined $18.1B — up 11% from $16.3B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new TRP positions and 27 closed out — a net gain of 44 holders — while 118 added to existing stakes and 114 trimmed.
The largest buyer was Sculptor Capital, opening a new position worth an estimated $373M. The largest seller was Royal Bank of Canada, cutting an estimated $278M.
- 369 institutional investors held TC Energy (TRP) as of Q3 2014, up from 327 in Q2 2014.
- Funds reported $18.1B of TC Energy stock for Q3 2014, up 11% quarter-over-quarter.
- 71 funds opened new TC Energy positions in Q3 2014 and 27 closed out, a net change of +44 holders.
- The largest TC Energy buyer in Q3 2014 was Sculptor Capital, an estimated $373M added.
- The largest TC Energy seller in Q3 2014 was Royal Bank of Canada, an estimated $278M sold.
Based on aggregated 13F filings for Q3 2014.