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TC Energy

500 hedge funds and large institutions have $29B invested in TC Energy in 2023 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 179 increasing their positions, 177 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.27% more ownership

Funds ownership: 77.63%81.9% (+4.3%)

1% more repeat investments, than reductions

Existing positions increased: 179 | Existing positions reduced: 177

4% less call options, than puts

Call options by funds: $275M | Put options by funds: $285M

10% less first-time investments, than exits

New positions opened: 56 | Existing positions closed: 62

3% less funds holding

Funds holding: 514500 (-14)

10% less capital invested

Capital invested by funds: $32.2B → $29B (-$3.24B)

15% less funds holding in top 10

Funds holding in top 10: 2622 (-4)

Holders
500
Holders Change
-14
Holders Change %
-2.72%
% of All Funds
7.94%
Holding in Top 10
22
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-15.38%
% of All Funds
0.35%
New
56
Increased
179
Reduced
177
Closed
62
Calls
$275M
Puts
$285M
Net Calls
-$10.1M
Net Calls Change
+$160M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$3.36B -$176M -4,777,534 -5%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$2.27B +$688M +18,700,254 +45%
Capital International Investors
3
Capital International Investors
California
$1.7B +$530M +14,414,820 +41%
Capital Research Global Investors
4
Capital Research Global Investors
California
$1.55B +$732M +19,904,339 +79%
Vanguard Group
5
Vanguard Group
Pennsylvania
$1.36B +$49.5M +1,344,000 +4%
Capital World Investors
6
Capital World Investors
California
$1.28B -$440M -11,957,559 -24%
Bank of Nova Scotia
7
Bank of Nova Scotia
Ontario, Canada
$878M -$82.7M -2,248,122 -8%
CIBC World Market
8
CIBC World Market
Ontario, Canada
$851M +$212M +5,762,070 +30%
Canada Pension Plan Investment Board
9
Canada Pension Plan Investment Board
Ontario, Canada
$849M +$138M +3,740,495 +18%
Toronto Dominion Bank
10
Toronto Dominion Bank
Ontario, Canada
$836M +$137M +3,715,148 +18%
MIP
11
Mondrian Investment Partners
United Kingdom
$672M +$22.7M +618,040 +9%
National Bank of Canada
12
National Bank of Canada
Quebec, Canada
$669M +$298M +8,103,785 +68%
Mackenzie Financial
13
Mackenzie Financial
Ontario, Canada
$587M -$68.5M -1,860,475 -10%
Bank of America
14
Bank of America
North Carolina
$578M +$132M +3,598,434 +27%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
15
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$569M +$252M +6,840,000 +71%
1832 Asset Management
16
1832 Asset Management
Ontario, Canada
$565M +$13.7M +371,188 +2%
Deutsche Bank
17
Deutsche Bank
Germany
$526M -$144M -3,910,312 -20%
BGC
18
Beutel, Goodman & Co
Ontario, Canada
$474M +$4.28M +116,325 +0.9%
JFL
19
Jarislowsky, Fraser Ltd
Quebec, Canada
$470M +$578K +15,717 +0.1%
Fidelity International
20
Fidelity International
Bermuda
$419M +$28.4M +771,790 +7%
Dodge & Cox
21
Dodge & Cox
California
$417M
TD Asset Management
22
TD Asset Management
Ontario, Canada
$400M -$77.3M -2,099,200 -15%
M
23
Murchinson
Ontario, Canada
$397M -$113M -3,070,988 -27%
Legal & General Group
24
Legal & General Group
United Kingdom
$336M +$12.1M +328,795 +3%
CIBC Asset Management
25
CIBC Asset Management
Ontario, Canada
$330M +$70M +1,901,838 +25%

TRP Hedge Fund Activity: Q3 2023 in Review

500 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in TC Energy (TRP) for Q3 2023, worth a combined $29B — down 10% from $32.2B a quarter earlier.

Sellers outnumbered buyers: 62 funds closed out of TRP and 56 opened new positions — a net loss of 6 holders — while 177 trimmed existing stakes and 179 added.

The largest buyer was Capital Research Global Investors, adding an estimated $732M. The largest seller was Wellington Management Group, cutting an estimated $682M.

  • 500 institutional investors held TC Energy (TRP) as of Q3 2023, down from 514 in Q2 2023.
  • Funds reported $29B of TC Energy stock for Q3 2023, down 10% quarter-over-quarter.
  • 56 funds opened new TC Energy positions in Q3 2023 and 62 closed out, a net change of -6 holders.
  • The largest TC Energy buyer in Q3 2023 was Capital Research Global Investors, an estimated $732M added.
  • The largest TC Energy seller in Q3 2023 was Wellington Management Group, an estimated $682M sold.

Based on aggregated 13F filings for Q3 2023.