TC Energy
428 hedge funds and large institutions have $22.5B invested in TC Energy in 2018 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 157 increasing their positions, 134 reducing their positions, and 53 closing their positions.
100% more capital inflows, than outflows
Capital inflows: $2.08B | Capital outflows: $1.04B
87% more call options, than puts
Call options by funds: $87.9M | Put options by funds: $47M
17% more repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 134
2.14% more ownership
Funds ownership: 59.27% → 61.4% (+2.1%)
2% less funds holding
Funds holding: 438 → 428 (-10)
13% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 53
28% less funds holding in top 10
Funds holding in top 10: 25 → 18 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CBOA
Commonwealth Bank of Australia
Sydney, NSW,
Australia
|
+$239M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$217M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$203M |
| 4 |
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$139M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$127M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$161M |
| 2 |
Blackstone Inc
New York
|
-$109M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$67M |
| 4 |
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$59.9M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$59.8M |
TRP Hedge Fund Activity: Q1 2018 in Review
428 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q1 2018, worth a combined $22.5B — down 11% from $25.4B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of TRP and 46 opened new positions — a net loss of 7 holders — while 134 trimmed existing stakes and 157 added.
The largest buyer was Commonwealth Bank of Australia, adding an estimated $239M. The largest seller was 1832 Asset Management, cutting an estimated $161M.
- 428 institutional investors held TC Energy (TRP) as of Q1 2018, down from 438 in Q4 2017.
- Funds reported $22.5B of TC Energy stock for Q1 2018, down 11% quarter-over-quarter.
- 46 funds opened new TC Energy positions in Q1 2018 and 53 closed out, a net change of -7 holders.
- The largest TC Energy buyer in Q1 2018 was Commonwealth Bank of Australia, an estimated $239M added.
- The largest TC Energy seller in Q1 2018 was 1832 Asset Management, an estimated $161M sold.
Based on aggregated 13F filings for Q1 2018.