TC Energy
522 hedge funds and large institutions have $31.9B invested in TC Energy in 2021 Q1 according to their latest regulatory filings, with 100 funds opening new positions, 214 increasing their positions, 142 reducing their positions, and 52 closing their positions.
92% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 52
54% more funds holding in top 10
Funds holding in top 10: 13 → 20 (+7)
51% more repeat investments, than reductions
Existing positions increased: 214 | Existing positions reduced: 142
27% more capital invested
Capital invested by funds: $25B → $31.9B (+$6.87B)
9% more funds holding
Funds holding: 477 → 522 (+45)
5.62% more ownership
Funds ownership: 65.11% → 70.73% (+5.6%)
34% less call options, than puts
Call options by funds: $142M | Put options by funds: $217M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$631M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$487M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$423M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$319M |
| 5 |
MSC
MUFG Securities (Canada)
New York
|
+$258M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$351M |
| 2 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$247M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$210M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$110M |
| 5 |
Blackstone Inc
New York
|
-$76.4M |
TRP Hedge Fund Activity: Q1 2021 in Review
522 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q1 2021, worth a combined $31.9B — up 27% from $25B a quarter earlier.
Buyers outnumbered sellers: 100 funds opened new TRP positions and 52 closed out — a net gain of 48 holders — while 214 added to existing stakes and 142 trimmed.
The largest buyer was Beutel, Goodman & Co, adding an estimated $631M. The largest seller was Canada Life, cutting an estimated $351M.
- 522 institutional investors held TC Energy (TRP) as of Q1 2021, up from 477 in Q4 2020.
- Funds reported $31.9B of TC Energy stock for Q1 2021, up 27% quarter-over-quarter.
- 100 funds opened new TC Energy positions in Q1 2021 and 52 closed out, a net change of +48 holders.
- The largest TC Energy buyer in Q1 2021 was Beutel, Goodman & Co, an estimated $631M added.
- The largest TC Energy seller in Q1 2021 was Canada Life, an estimated $351M sold.
Based on aggregated 13F filings for Q1 2021.