TRP β€” TC ENERGY CORP

Ownership history in Heronetta Management, L.P.  Β·  22 quarters on record

This page tracks every 13F SEC filing in which Heronetta Management, L.P. reported a position in TC ENERGY CORP (TRP). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
5.85% (2025 Q4)
πŸ“Š Avg. % of fund
4.65%
πŸ“… First filed
2020 Q3
πŸ“… Last filed
2025 Q4
⏱ Quarters held
22

Position Intelligence

Heronetta Management, L.P. Γ— TRP AI Analytics

πŸ“‰ Heronetta Management, L.P. underperformed the S&P 500 by –3.6% annually on this TRP position. Timing score: 60% (6/10 decisions correct). Average cost basis: $34.60. Maximum drawdown during holding period: –33.2%.

πŸ“ˆ Position Alpha vs SPY
-3.6%
annualised excess return

⚠️ Trailed SPY by 3.6% ann. on this position.
21 quarters analyzed

⏱️ Timing Score
60%

βœ… Decent timing β€” more right than wrong on entries and exits.
6 of 10 add/trim decisions correct

πŸ’° Entry Quality
$34.60
+59.0% vs current ($55.01)

Best entry: $31.13 (2023 Q3)  Β·  Worst: $54.41 (2025 Q3)

πŸ›‘οΈ Drawdown Resilience
–33.2%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
100%
buy-side decisions

10 adds Β· 0 trims. Bought during 3 of 9 down-price quarters. πŸ‚ Consistently bullish β€” fund kept accumulating this position.

πŸ“‘ Position Trajectory
↑ Growing
last 4–5 quarters trend

πŸ“ˆ Heronetta Management, L.P. has been actively increasing its TRP allocation β€” a bullish signal from insiders.
Currently 5.85% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    TRP price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 UNCHANGED 137,316 β€” 0% 5.85% $10.1M $55.01
2025 Q3 ADDED 137,316 +2,000 +1.5% 5.55% $10.1M $54.41
2025 Q2 ADDED 135,316 +7,830 +6.1% 4.89% $8.8M $48.79
2025 Q1 UNCHANGED 127,486 β€” 0% 4.61% $8.4M $46.61
2024 Q4 UNCHANGED 127,486 β€” 0% 4.75% $8.3M $45.37
2024 Q3 ADDED 127,486 +6,000 +4.9% 4.90% $8.0M $45.80
2024 Q2 ADDED 121,486 +4,000 +3.4% 3.93% $6.1M $36.01
2024 Q1 UNCHANGED 117,486 β€” 0% 4.03% $6.2M $37.56
2023 Q4 UNCHANGED 117,486 β€” 0% 4.21% $5.9M $35.94
2023 Q3 ADDED 117,486 +4,000 +3.5% 3.93% $5.4M $31.13
12 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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