TC Energy
462 hedge funds and large institutions have $27.8B invested in TC Energy in 2020 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 155 increasing their positions, 173 reducing their positions, and 63 closing their positions.
47% more call options, than puts
Call options by funds: $146M | Put options by funds: $99.2M
16% more funds holding in top 10
Funds holding in top 10: 32 → 37 (+5)
3.32% more ownership
Funds ownership: 63.6% → 66.92% (+3.3%)
2% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 63
1% less funds holding
Funds holding: 467 → 462 (-5)
10% less repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 173
12% less capital invested
Capital invested by funds: $31.6B → $27.8B (-$3.79B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$603M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$498M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$333M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$303M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$204M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$317M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$265M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$124M |
| 4 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$119M |
| 5 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$105M |
TRP Hedge Fund Activity: Q1 2020 in Review
462 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q1 2020, worth a combined $27.8B — down 12% from $31.6B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new TRP positions and 63 closed out — a net gain of 1 holder — while 155 added to existing stakes and 173 trimmed.
The largest buyer was Bank of Nova Scotia, opening a new position worth an estimated $603M. The largest seller was OMERS Administration Corp, cutting an estimated $317M.
- 462 institutional investors held TC Energy (TRP) as of Q1 2020, down from 467 in Q4 2019.
- Funds reported $27.8B of TC Energy stock for Q1 2020, down 12% quarter-over-quarter.
- 64 funds opened new TC Energy positions in Q1 2020 and 63 closed out, a net change of +1 holder.
- The largest TC Energy buyer in Q1 2020 was Bank of Nova Scotia, an estimated $603M added.
- The largest TC Energy seller in Q1 2020 was OMERS Administration Corp, an estimated $317M sold.
Based on aggregated 13F filings for Q1 2020.