TC Energy
516 hedge funds and large institutions have $30.5B invested in TC Energy in 2023 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 235 increasing their positions, 139 reducing their positions, and 61 closing their positions.
119% more capital inflows, than outflows
Capital inflows: $3.92B | Capital outflows: $1.79B
69% more repeat investments, than reductions
Existing positions increased: 235 | Existing positions reduced: 139
44% more funds holding in top 10
Funds holding in top 10: 18 → 26 (+8)
5.22% more ownership
Funds ownership: 73.36% → 78.58% (+5.2%)
5% less funds holding
Funds holding: 543 → 516 (-27)
30% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 61
52% less call options, than puts
Call options by funds: $160M | Put options by funds: $332M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$695M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$377M |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$364M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$269M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$238M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$525M |
| 2 |
M
Murchinson
Toronto,
Ontario, Canada
|
-$145M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$119M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$72.5M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$71.1M |
TRP Hedge Fund Activity: Q1 2023 in Review
516 of the 6,287 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q1 2023, worth a combined $30.5B — up 3.4% from $29.5B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of TRP and 43 opened new positions — a net loss of 18 holders — while 139 trimmed existing stakes and 235 added.
The largest buyer was Bank of America, adding an estimated $695M. The largest seller was Capital World Investors, cutting an estimated $525M.
- 516 institutional investors held TC Energy (TRP) as of Q1 2023, down from 543 in Q4 2022.
- Funds reported $30.5B of TC Energy stock for Q1 2023, up 3.4% quarter-over-quarter.
- 43 funds opened new TC Energy positions in Q1 2023 and 61 closed out, a net change of -18 holders.
- The largest TC Energy buyer in Q1 2023 was Bank of America, an estimated $695M added.
- The largest TC Energy seller in Q1 2023 was Capital World Investors, an estimated $525M sold.
Based on aggregated 13F filings for Q1 2023.