Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Transalta Corp (TAC)

174 + Investors. Track Smart Money conviction in TAC. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
53%

Smart Money Signals — TAC

Based on 175 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their TAC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (96% of max)

96% of all-time peak
175 hedge funds hold TAC right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding TAC is almost the same as a year ago (+5 funds, +3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 53% buying

104 buying93 selling
Last quarter: 104 funds bought or added vs 93 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~33 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 24 → 38 → 31 → 33. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 24% medium ■ 19% new
99 out of 175 hedge funds have held TAC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~33 new funds/quarter

31 → 24 → 38 → 31 → 33 new funds/Q
New funds entering each quarter: 24 → 38 → 31 → 33. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 61% veterans vs 21% newcomers

■ 61% veterans ■ 18% 1-2yr ■ 21% new
Entry-cohort mix of 191 holders: 117 (61%) are 2+ year veterans, 34 entered 1–2 years ago, and 40 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 51% AUM from top-100 funds

51% from top-100 AUM funds
39 of 174 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in TAC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — TAC

In 2026 Q2, 104 hedge funds were net buyers of TAC (33 opened a new position, 71 added to an existing one), while 93 reduced or exited (58 trimmed, 35 sold completely) — a 53% buyer ratio, indicating a slight buying edge. 51% of total institutional value in TAC is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 175.

Hedge Fund Ownership: TAC

How many hedge funds hold TAC — quarterly history vs. share price
Quarterly hedge fund ownership of TAC vs. share price

Market Analysis: TAC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TAC

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

11 top-rated funds 3 high-conviction
Consensus
4.7
/ 10
breadth
×
Elite
3.3
/ 10
conviction
Hedge Fund Positioning: TAC
174 + Investors

Track Smart Money conviction in TAC. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 174 177 -1.69%
13F Shares 245M 219M 11.71%
Total Value $3.42B $2.88B 18.72%
New Positions 33 31 +2
Increased Positions 68 72 -4
Closed Positions 35 26 +9
Reduced Positions 53 47 +6
Total Calls 11 11 -
Total Puts 6 5 20.0%
PUT/CALL Ratio 0.55 0.45 Bullish

Statistics: TAC

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Institutional Holders (2026 Q2)

174 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TAC. Verified SEC 13F-HR filings.

QUARTER:
Top 25 TAC holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Arvin Capital Management LP 6.76% 3,742,183 $51.8M
2 Clayton Partners LLC 5.98% 658,516 $9.1M
3 Potrero Capital Research LLC 3.38% 439,186 $6.1M
4 NewGen Asset Management Ltd 3.13% 550,000 $7.6M
5 PCJ Investment Counsel Ltd. 2.60% 653,290 $9.0M
6 Rubric Capital Management LP 2.57% 20,232,011 $279.8M
7 Tacita Capital Inc 1.67% 222,601 $3.1M
8 MMCAP International Inc. SPC 1.54% 1,310,100 $18.1M
9 Westerly Capital Management, LLC 1.02% 400,000 $5.5M
10 Arvin Capital Management LP 0.60% 330,000 $4.6M
11 Oaktree Capital Management LP 0.58% 3,000,000 $41.5M
12 Waratah Capital Advisors Ltd. 0.56% 1,200,000 $16.6M
13 Yaupon Capital Management LP 0.56% 2,065,064 $28.6M
14 Ardsley Advisory Partners LP 0.50% 345,000 $4.8M
15 BROOKFIELD Corp /ON/ 0.48% 26,960,857 $372.9M
16 Hartree Partners, LP 0.44% 150,000 $2.1M
17 Purpose Unlimited Inc. 0.36% 685,712 $9.5M
18 Intact Investment Management INC. 0.25% 627,000 $8.7M
19 AYAL Capital Advisors Ltd 0.24% 65,000 $899K
20 SIG North Trading, ULC 0.24% 939,800 $13.0M
21 Toronto Dominion Bank 0.19% 11,710,560 $161.8M
22 CenterBook Partners LP 0.16% 236,778 $3.3M
23 Cardinal Point Capital Management ULC 0.14% 182,560 $2.5M
24 Greenland Capital Management LP 0.13% 77,990 $1.1M
25 Picton Mahoney Asset Management 0.13% 1,300,000 $17.9M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Transalta Corp (TAC)

What does the Smart Money Trend signal show for TAC?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their TAC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for TAC?

Slight buying edge — 53% buying: Last quarter: 104 funds bought or added vs 93 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for TAC holders?

Elite ownership — 51% AUM from top-100 funds: 39 of 174 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in TAC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held TAC?

57% of holders stayed for 2+ years: 99 out of 175 hedge funds have held TAC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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