TC Energy
420 hedge funds and large institutions have $23.4B invested in TC Energy in 2018 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 152 increasing their positions, 140 reducing their positions, and 29 closing their positions.
196% more call options, than puts
Call options by funds: $236M | Put options by funds: $79.7M
52% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 29
2% more funds holding
Funds holding: 410 → 420 (+10)
9% more repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 140
0.64% more ownership
Funds ownership: 62.63% → 63.27% (+0.64%)
3% less capital invested
Capital invested by funds: $24.2B → $23.4B (-$820M)
28% less funds holding in top 10
Funds holding in top 10: 18 → 13 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
+$405M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$240M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$156M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$106M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$83.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$199M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$164M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$151M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$54.1M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$36M |
TRP Hedge Fund Activity: Q3 2018 in Review
420 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q3 2018, worth a combined $23.4B — down 3.4% from $24.2B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new TRP positions and 29 closed out — a net gain of 15 holders — while 152 added to existing stakes and 140 trimmed.
The largest buyer was Nordea Investment Management, opening a new position worth an estimated $405M. The largest seller was Goldman Sachs, cutting an estimated $199M.
- 420 institutional investors held TC Energy (TRP) as of Q3 2018, up from 410 in Q2 2018.
- Funds reported $23.4B of TC Energy stock for Q3 2018, down 3.4% quarter-over-quarter.
- 44 funds opened new TC Energy positions in Q3 2018 and 29 closed out, a net change of +15 holders.
- The largest TC Energy buyer in Q3 2018 was Nordea Investment Management, an estimated $405M added.
- The largest TC Energy seller in Q3 2018 was Goldman Sachs, an estimated $199M sold.
Based on aggregated 13F filings for Q3 2018.