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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 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

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: 3237 (+5)

3.32% more ownership

Funds ownership: 63.6%66.92% (+3.3%)

0% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 64

1% less funds holding

Funds holding: 467462 (-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)

Holders
462
Holders Change
-5
Holders Change %
-1.07%
% of All Funds
10.18%
Holding in Top 10
37
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+15.63%
% of All Funds
0.82%
New
64
Increased
155
Reduced
173
Closed
64
Calls
$146M
Puts
$99.2M
Net Calls
+$46.9M
Net Calls Change
-$44.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$3.62B +$178M +3,514,317 +4%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$1.82B +$498M +9,820,096 +30%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$1.79B +$188M +3,717,489 +10%
Capital Research Global Investors
4
Capital Research Global Investors
California
$1.44B -$17.8M -350,637 -1%
Vanguard Group
5
Vanguard Group
Pennsylvania
$1.39B +$88.1M +1,738,313 +6%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$1.25B +$88.4M +1,743,298 +7%
Deutsche Bank
7
Deutsche Bank
Germany
$1.23B +$115M +2,276,501 +9%
Fidelity International
8
Fidelity International
Bermuda
$1.05B +$303M +5,973,647 +34%
TD Asset Management
9
TD Asset Management
Ontario, Canada
$980M +$94.2M +1,857,616 +9%
HFA
10
Harvest Fund Advisors
Pennsylvania
$648M +$66.7M +1,315,094 +10%
CIBC World Market
11
CIBC World Market
Ontario, Canada
$635M +$204M +4,024,853 +39%
1832 Asset Management
12
1832 Asset Management
Ontario, Canada
$568M +$114M +2,258,748 +20%
Bank of Nova Scotia
13
Bank of Nova Scotia
Ontario, Canada
$527M +$603M +11,894,358 New
Caisse de Depot et Placement du Quebec (CDPQ)
14
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$457M
TCA
15
Tortoise Capital Advisors
Kansas
$441M -$59.1M -1,165,259 -10%
JP Morgan Chase
16
JP Morgan Chase
New York
$401M -$36.7M -723,150 -7%
Legal & General Group
17
Legal & General Group
United Kingdom
$378M +$16.2M +320,287 +4%
EIP
18
Energy Income Partners
Connecticut
$377M -$105M -2,078,110 -20%
Norges Bank
19
Norges Bank
Norway
$377M -$3.55M -70,002 -0.8%
CIBC Asset Management
20
CIBC Asset Management
Ontario, Canada
$340M +$34.7M +684,287 +10%
Canada Life
21
Canada Life
Manitoba, Canada
$315M +$84.3M +1,662,893 +31%
Mackenzie Financial
22
Mackenzie Financial
Ontario, Canada
$307M -$124M -2,437,691 -26%
Capital International Investors
23
Capital International Investors
California
$291M +$333M +6,560,460 New
Toronto Dominion Bank
24
Toronto Dominion Bank
Ontario, Canada
$277M -$119M -2,353,040 -29%
Manulife (Manufacturers Life Insurance)
25
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$237M +$105M +2,066,819 +62%

TRP Hedge Fund Activity: Q1 2020 in Review

462 of the 4,538 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.

Fund positioning in TRP was balanced in Q1 2020: 64 funds opened new positions, 64 closed out, 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 64 closed out, a net change of 0 holders.
  • 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.