TC Energy
374 hedge funds and large institutions have $23B invested in TC Energy in 2016 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 159 increasing their positions, 92 reducing their positions, and 25 closing their positions.
120% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 25
73% more repeat investments, than reductions
Existing positions increased: 159 | Existing positions reduced: 92
42% more call options, than puts
Call options by funds: $137M | Put options by funds: $96.4M
11% more funds holding in top 10
Funds holding in top 10: 28 → 31 (+3)
7% more capital invested
Capital invested by funds: $21.5B → $23B (+$1.48B)
7% more funds holding
Funds holding: 351 → 374 (+23)
2.4% more ownership
Funds ownership: 56.35% → 58.75% (+2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$987M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$273M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$267M |
| 4 |
JP Morgan Chase
New York
|
+$236M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$131M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
-$142M |
| 2 |
Millennium Management
New York
|
-$64.1M |
| 3 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$63.3M |
| 4 |
LC
LNZ Capital
New York
|
-$57.4M |
| 5 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$52M |
TRP Hedge Fund Activity: Q4 2016 in Review
374 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q4 2016, worth a combined $23B — up 6.9% from $21.5B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new TRP positions and 25 closed out — a net gain of 30 holders — while 159 added to existing stakes and 92 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $987M. The largest seller was Commonwealth Bank of Australia, cutting an estimated $142M.
- 374 institutional investors held TC Energy (TRP) as of Q4 2016, up from 351 in Q3 2016.
- Funds reported $23B of TC Energy stock for Q4 2016, up 6.9% quarter-over-quarter.
- 55 funds opened new TC Energy positions in Q4 2016 and 25 closed out, a net change of +30 holders.
- The largest TC Energy buyer in Q4 2016 was Wellington Management Group, an estimated $987M added.
- The largest TC Energy seller in Q4 2016 was Commonwealth Bank of Australia, an estimated $142M sold.
Based on aggregated 13F filings for Q4 2016.