TC Energy
369 hedge funds and large institutions have $17.7B invested in TC Energy in 2014 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 147 increasing their positions, 103 reducing their positions, and 54 closing their positions.
238% more call options, than puts
Call options by funds: $154M | Put options by funds: $45.6M
43% more repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 103
1.32% more ownership
Funds ownership: 49.51% → 50.82% (+1.3%)
7% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 54
0% more funds holding
Funds holding: 369 → 369 (0)
2% less capital invested
Capital invested by funds: $18.1B → $17.7B (-$347M)
35% less funds holding in top 10
Funds holding in top 10: 23 → 15 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$224M |
| 2 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
+$173M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$166M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$129M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$124M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mason Capital Management
New York
|
-$207M |
| 2 |
SIG
Senator Investment Group
New York
|
-$155M |
| 3 |
PC
PointState Capital
New York
|
-$86.3M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$77.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$74.8M |
TRP Hedge Fund Activity: Q4 2014 in Review
369 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q4 2014, worth a combined $17.7B — down 1.9% from $18.1B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new TRP positions and 54 closed out — a net gain of 4 holders — while 147 added to existing stakes and 103 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $224M. The largest seller was Mason Capital Management, exiting entirely with an estimated $207M sold.
- 369 institutional investors held TC Energy (TRP) as of Q4 2014, unchanged from Q3 2014.
- Funds reported $17.7B of TC Energy stock for Q4 2014, down 1.9% quarter-over-quarter.
- 58 funds opened new TC Energy positions in Q4 2014 and 54 closed out, a net change of +4 holders.
- The largest TC Energy buyer in Q4 2014 was Royal Bank of Canada, an estimated $224M added.
- The largest TC Energy seller in Q4 2014 was Mason Capital Management, an estimated $207M sold.
Based on aggregated 13F filings for Q4 2014.