TC Energy
407 hedge funds and large institutions have $21.1B invested in TC Energy in 2018 Q4 according to their latest regulatory filings, with 56 funds opening new positions, 146 increasing their positions, 142 reducing their positions, and 64 closing their positions.
123% more call options, than puts
Call options by funds: $187M | Put options by funds: $83.7M
38% more funds holding in top 10
Funds holding in top 10: 13 → 18 (+5)
3% more repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 142
0.84% more ownership
Funds ownership: 63.27% → 64.11% (+0.84%)
3% less funds holding
Funds holding: 420 → 407 (-13)
10% less capital invested
Capital invested by funds: $23.4B → $21.1B (-$2.29B)
13% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$174M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$162M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$122M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$109M |
| 5 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$91.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$115M |
| 2 |
Jennison Associates
New York
|
-$86M |
| 3 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$63.2M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$62.3M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$56.2M |
TRP Hedge Fund Activity: Q4 2018 in Review
407 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q4 2018, worth a combined $21.1B — down 9.8% from $23.4B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of TRP and 56 opened new positions — a net loss of 8 holders — while 142 trimmed existing stakes and 146 added.
The largest buyer was Mackenzie Financial, adding an estimated $174M. The largest seller was OMERS Administration Corp, cutting an estimated $115M.
- 407 institutional investors held TC Energy (TRP) as of Q4 2018, down from 420 in Q3 2018.
- Funds reported $21.1B of TC Energy stock for Q4 2018, down 9.8% quarter-over-quarter.
- 56 funds opened new TC Energy positions in Q4 2018 and 64 closed out, a net change of -8 holders.
- The largest TC Energy buyer in Q4 2018 was Mackenzie Financial, an estimated $174M added.
- The largest TC Energy seller in Q4 2018 was OMERS Administration Corp, an estimated $115M sold.
Based on aggregated 13F filings for Q4 2018.