TC Energy
410 hedge funds and large institutions have $24.2B invested in TC Energy in 2018 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 163 increasing their positions, 128 reducing their positions, and 50 closing their positions.
200% more call options, than puts
Call options by funds: $256M | Put options by funds: $85.2M
27% more repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 128
8% more capital invested
Capital invested by funds: $22.5B → $24.2B (+$1.73B)
1.23% more ownership
Funds ownership: 61.4% → 62.63% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 18 → 18 (0)
4% less funds holding
Funds holding: 428 → 410 (-18)
30% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$489M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$207M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$202M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$189M |
| 5 |
Goldman Sachs
New York
|
+$144M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$518M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$398M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$219M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$93.4M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$78.5M |
TRP Hedge Fund Activity: Q2 2018 in Review
410 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q2 2018, worth a combined $24.2B — up 7.7% from $22.5B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of TRP and 35 opened new positions — a net loss of 15 holders — while 128 trimmed existing stakes and 163 added.
The largest buyer was Fidelity International, adding an estimated $489M. The largest seller was Fidelity Investments, cutting an estimated $518M.
- 410 institutional investors held TC Energy (TRP) as of Q2 2018, down from 428 in Q1 2018.
- Funds reported $24.2B of TC Energy stock for Q2 2018, up 7.7% quarter-over-quarter.
- 35 funds opened new TC Energy positions in Q2 2018 and 50 closed out, a net change of -15 holders.
- The largest TC Energy buyer in Q2 2018 was Fidelity International, an estimated $489M added.
- The largest TC Energy seller in Q2 2018 was Fidelity Investments, an estimated $518M sold.
Based on aggregated 13F filings for Q2 2018.