Vault-13

TC ENERGY CORP TRP

COM · Common Stock · CUSIP 87807B107 · ISIN CA87807B1076

514 institutional holders -1 vs Q1 2023
788,665,885788.7m shares reported held*
$32.7bnreported value*
45 new 218 added 145 reduced 49 sold out net bought ≈ $559.6m (+12.1m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($569.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $41.53. Options: 18 managers hold calls ($144.4m notional), 17 hold puts ($299.7m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 529Q4 22: 541Q1 23: 515Q2 23: 514514Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022529
Q4 2022541
Q1 2023515
Q2 2023514

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 231 bought or addedQ4 22: 241 cut or sold outQ4 22Q1 23: 275 bought or addedQ1 23: 197 cut or sold outQ1 23Q2 23: 263 bought or addedQ2 23: 194 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022231241
Q1 2023275197
Q2 2023263194

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200m$400m$600mQ3 22 calls: $123.4mQ3 22 puts: $554.6mQ3 22P/C 4.49Q4 22 calls: $256.0mQ4 22 puts: $414.8mQ4 22P/C 1.62Q1 23 calls: $104.3mQ1 23 puts: $289.0mQ1 23P/C 2.77Q2 23 calls: $144.4mQ2 23 puts: $299.7mQ2 23P/C 2.08
Numbers
QuarterCallsPutsP/C
Q3 2022$123.4m$554.6m4.49
Q4 2022$256.0m$414.8m1.62
Q1 2023$104.3m$289.0m2.77
Q2 2023$144.4m$299.7m2.08

Biggest buyers

TORONTO DOMINION BANK Added +20,619,525+20.6m
BANK OF MONTREAL /CAN/ Added +6,014,420+6.0m
ROYAL BANK OF CANADA Added +5,284,439+5.3m
MUFG Securities EMEA plc New +4,233,600+4.2m
Murchinson Ltd. Added +3,826,000+3.8m
MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +2,978,047+3.0m
Mondrian Investment Partners LTD Added +2,058,240+2.1m
Dodge & Cox Added +1,802,400+1.8m
MACKENZIE FINANCIAL CORP Added +1,594,538+1.6m
MORGAN STANLEY Added +1,507,519+1.5m

Biggest sellers

NATIONAL BANK OF CANADA /FI/ Reduced -10,816,677-10.8m
BANK OF AMERICA CORP /DE/ Reduced -8,647,035-8.6m
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -5,425,231-5.4m
CANADA PENSION PLAN INVESTMENT BOARD Reduced -4,209,117-4.2m
WELLINGTON MANAGEMENT GROUP LLP Reduced -2,166,468-2.2m
NORGES BANK Reduced -2,152,305-2.2m
Capital World Investors Reduced -1,855,065-1.9m
ClearBridge Investments Ltd Reduced -1,813,421-1.8m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Reduced -1,370,000-1.4m
DEUTSCHE BANK AG\ Reduced -1,226,630-1.2m

Biggest calls

BANK OF AMERICA CORP /DE/ Unchanged $36.3m899.0k shares
SIG North Trading, ULC Added $34.9m864.8k shares
MILLENNIUM MANAGEMENT LLC Added $21.4m400.0k shares
GOLDMAN SACHS GROUP INC New $20.2m500.0k shares
JANE STREET GROUP, LLC Added $14.4m355.3k shares
SIMPLEX TRADING, LLC Reduced $4.3m107.5k shares
ROYAL BANK OF CANADA New $2.5m61.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.9m46.6k shares
GROUP ONE TRADING LLC Added $1.8m45.1k shares
Walleye Trading LLC Added $1.7m41.6k shares

Biggest puts

ROYAL BANK OF CANADA Added $130.8m3.2m shares
CIBC WORLD MARKET INC. Unchanged $80.9m2.0m shares
SIG North Trading, ULC Reduced $41.9m1.0m shares
MILLENNIUM MANAGEMENT LLC Reduced $16.1m300.0k shares
Twin Tree Management, LP Reduced $14.2m350.5k shares
CITADEL ADVISORS LLC Reduced $5.0m123.5k shares
JANE STREET GROUP, LLC Added $2.6m64.8k shares
Walleye Trading LLC Added $2.3m58.1k shares
CAPITAL FUND MANAGEMENT S.A. Added $2.0m49.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.6m39.2k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: BANK OF MONTREAL /CAN/ (3.4%, 2026-08-12), GOLDMAN SACHS GROUP INC (2.4%, 2026-01-30)

Insider purchases and sales in Q2 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ROYAL BANK OF CANADA 1.16% of their portfolio TORONTO, A6 102,417,424102.4m $4.1bn $4.1bn 1.16% Added +5.3m +5,284,439
2 Capital World Investors 0.38% of their portfolio LOS ANGELES, CA 49,188,51449.2m $2.0bn $2.0bn 0.38% Reduced -1.9m -1,855,065
3 TORONTO DOMINION BANK 1.38% of their portfolio TORONTO, ONTARIO, A6 45,009,63245.0m $1.9bn $1.9bn 1.38% Added +20.6m +20,619,525
4 BANK OF MONTREAL /CAN/ 0.82% of their portfolio TORONTO, A6 42,006,40642.0m $2.2bn $2.2bn 0.82% Added +6.0m +6,014,420
5 VANGUARD GROUP INC 0.04% of their portfolio Valley Forge, PA 38,281,94038.3m $1.5bn $1.5bn 0.04% Added +788.2k +788,219
6 Capital International Investors 0.34% of their portfolio Los Angeles, CA 34,924,36934.9m $1.4bn $1.4bn 0.34% Added +461.1k +461,056
7 BANK OF NOVA SCOTIA 2.93% of their portfolio TORONTO, A6 27,730,79027.7m $1.1bn $1.1bn 2.93% Reduced -944.3k -944,256
8 Capital Research Global Investors 0.27% of their portfolio Los Angeles, CA 25,118,65725.1m $1.0bn $1.0bn 0.27% Reduced -55.8k -55,812
9 CANADA PENSION PLAN INVESTMENT BOARD 1.28% of their portfolio TORONTO ONTARIO, A6 20,834,48820.8m $843.0m $843.0m 1.28% Reduced -4.2m -4,209,117
10 MACKENZIE FINANCIAL CORP 1.20% of their portfolio TORONTO ONTARIO, A6 19,367,26919.4m $782.6m $782.6m 1.20% Added +1.6m +1,594,538
11 DEUTSCHE BANK AG\ 0.41% of their portfolio FRANKFURT AM MAIN, 2M 19,186,17419.2m $775.3m $775.3m 0.41% Reduced -1.2m -1,226,630
12 CIBC WORLD MARKET INC. 2.64% of their portfolio TORONTO, A6 18,964,13919.0m $767.1m $767.1m 2.64% Added +130.1k +130,133
13 WELLINGTON MANAGEMENT GROUP LLP 0.14% of their portfolio Boston, MA 18,599,04618.6m $752.5m $752.5m 0.14% Reduced -2.2m -2,166,468
14 1832 Asset Management L.P. 1.26% of their portfolio TORONTO, A6 16,049,20316.0m $648.5m $648.5m 1.26% Added +462.8k +462,782
15 TD Asset Management Inc 0.63% of their portfolio Toronto, A6 13,686,27613.7m $553.8m $553.8m 0.63% Reduced -338.5k -338,523
16 Beutel, Goodman & Co Ltd. 3.09% of their portfolio TORONTO, A6 13,604,73013.6m $550.5m $550.5m 3.09% Added +60.2k +60,190
17 JARISLOWSKY, FRASER Ltd 3.27% of their portfolio MONTREAL, A8 13,588,54413.6m $549.8m $549.8m 3.27% Added +1.2m +1,200,975
18 BANK OF AMERICA CORP /DE/ 0.06% of their portfolio CHARLOTTE, NC 13,188,54013.2m $532.9m $532.9m 0.06% Reduced -8.6m -8,647,035
19 Dodge & Cox 0.33% of their portfolio San Francisco, CA 12,122,40012.1m $489.9m $489.9m 0.33% Added +1.8m +1,802,400
20 NATIONAL BANK OF CANADA /FI/ 0.96% of their portfolio MONTREAL, A8 11,890,14311.9m $480.3m $480.3m 0.96% Reduced -10.8m -10,816,677
21 PRICE T ROWE ASSOCIATES INC /MD/ 0.07% of their portfolio BALTIMORE, MD 11,745,67611.7m $474.6m $474.6m 0.07% Reduced -5.4m -5,425,231
22 Murchinson Ltd. 79.64% of their portfolio TORONTO, A6 11,572,11311.6m $619.6m $619.6m 79.64% Added +3.8m +3,826,000
23 FIL Ltd 0.52% of their portfolio HAMILTON, D0 11,406,46711.4m $461.0m $461.0m 0.52% Reduced -971.8k -971,844
24 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 1.76% of their portfolio TORONTO, A6 9,700,0189.7m $392.2m $392.2m 1.76% Reduced -1.4m -1,370,000
25 Legal & General Group Plc 0.12% of their portfolio London, X0 9,396,9199.4m $380.2m $380.2m 0.12% Added +140.7k +140,719
26 NORGES BANK 0.07% of their portfolio OSLO, Q8 9,141,0589.1m $369.4m $369.4m 0.07% Reduced -2.2m -2,152,305
27 JPMORGAN CHASE & CO 0.04% of their portfolio NEW YORK, NY 7,717,7077.7m $311.9m $311.9m 0.04% Added +143.0k +142,952
28 CIBC Asset Management Inc 1.22% of their portfolio TORONTO, Z4 7,665,7667.7m $310.0m $310.0m 1.22% Reduced -91.6k -91,647
29 SCOTIA CAPITAL INC. 2.04% of their portfolio TORONTO, A6 7,357,8897.4m $297.1m $297.1m 2.04% Added +481.5k +481,462
30 Connor, Clark & Lunn Investment Management Ltd. 1.47% of their portfolio VANCOUVER, A1 7,274,9947.3m $294.0m $294.0m 1.47% Reduced -354.3k -354,252
31 Mondrian Investment Partners LTD 5.35% of their portfolio LONDON, X0 6,613,6546.6m $267.6m $267.6m 5.35% Added +2.1m +2,058,240
32 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.14% of their portfolio Toronto, A6 6,233,6916.2m $251.8m $251.8m 0.14% Added +3.0m +2,978,047
33 ClearBridge Investments Ltd 6.23% of their portfolio SYDNEY, C3 5,470,0875.5m $221.0m $221.0m 6.23% Reduced -1.8m -1,813,421
34 TD Waterhouse Canada Inc. 2.57% of their portfolio TORONTO, A6 4,802,8204.8m $257.9m $257.9m 2.57% Added +286.4k +286,431
35 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 4,786,3854.8m $193.4m $193.4m 0.02% Added +1.5m +1,507,519
36 Alberta Investment Management Corp 1.77% of their portfolio EDMONTON, A0 4,538,8384.5m $183.6m $183.6m 1.77% Added +310.6k +310,567
37 OMERS ADMINISTRATION Corp 2.76% of their portfolio TORONTO, A6 4,380,6214.4m $177.2m $177.2m 2.76% Unchanged
38 MUFG Securities EMEA plc 1.44% of their portfolio LONDON, X0 4,233,6004.2m $226.7m $226.7m 1.44% New
39 FEDERATED HERMES, INC. 0.40% of their portfolio PITTSBURGH, PA 3,942,4473.9m $159.3m $159.3m 0.40% Added +676.7k +676,688
40 Swiss National Bank 0.11% of their portfolio ZURICH, V8 3,830,7013.8m $155.0m $155.0m 0.11% Reduced -233.7k -233,700
41 M&G INVESTMENT MANAGEMENT LTD 0.86% of their portfolio London, X0 3,610,4913.6m $144.4m $144.4m 0.86% Reduced -433.0k -432,962
42 GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio BOSTON, MA 3,591,9423.6m $145.7m $145.7m 0.02% Added +208.5k +208,486
43 Amundi 0.07% of their portfolio Paris, I0 3,425,2273.4m $139.4m $139.4m 0.07% Added +281.8k +281,770
44 Caisse de depot et placement du Quebec 0.28% of their portfolio Montreal, A8 2,638,1822.6m $106.7m $106.7m 0.28% Added +154.5k +154,543
45 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 2,487,3892.5m $100.6m $100.6m 0.03% Added +305.3k +305,331
46 Invesco Ltd. 0.03% of their portfolio ATLANTA, GA 2,443,9392.4m $98.8m $98.8m 0.03% Reduced -2.7k -2,665
47 Cardinal Capital Management, Inc. 4.93% of their portfolio WINNIPEG, A2 2,433,2762.4m $98.4m $98.4m 4.93% Added +56.5k +56,521
48 MONTRUSCO BOLTON INVESTMENTS INC. 1.48% of their portfolio MONTREAL, A8 2,368,7362.4m $95.8m $95.8m 1.48% Reduced -19.8k -19,822
49 INTACT INVESTMENT MANAGEMENT INC. 3.86% of their portfolio MONTREAL, A8 2,346,2002.3m $94.8m $94.8m 3.86% Reduced -331.9k -331,880
50 Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio CHIYODA-KU, TOKYO, M0 2,160,5002.2m $87.4m $87.4m 0.07% Reduced -430.4k -430,385
51 TORTOISE CAPITAL ADVISORS, L.L.C. 1.31% of their portfolio OVERLAND PARK, KS 2,121,2462.1m $85.7m $85.7m 1.31% Reduced -29.1k -29,139
52 Clearbridge Investments, LLC 0.07% of their portfolio NEW YORK, NY 2,024,7912.0m $81.8m $81.8m 0.07% Added +21.4k +21,406
53 KAYNE ANDERSON CAPITAL ADVISORS LP 2.43% of their portfolio LOS ANGELES, CA 1,994,7212.0m $80.6m $80.6m 2.43% Reduced -324.2k -324,246
54 Mirae Asset Global Investments Co., Ltd. 0.17% of their portfolio SEOUL, M5 1,994,1182.0m $80.6m $80.6m 0.17% Reduced -116.7k -116,743
55 RAYMOND JAMES & ASSOCIATES 0.06% of their portfolio ST PETERSBURG, FL 1,937,1201.9m $78.3m $78.3m 0.06% Added +192.8k +192,843
56 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,924,5881.9m $77.8m $77.8m 0.02% Added +885.0k +885,011
57 Scheer, Rowlett & Associates Investment Management Ltd. 6.03% of their portfolio TORONTO, A6 1,865,0111.9m $75.4m $75.4m 6.03% Added +58.4k +58,390
58 GUARDIAN CAPITAL LP 2.19% of their portfolio TORONTO, A6 1,693,4401.7m $68.5m $68.5m 2.19% Added +64.8k +64,759
59 Federation des caisses Desjardins du Quebec 0.68% of their portfolio LEVIS, A8 1,630,0741.6m $68.9m $68.9m 0.68% Added +306.7k +306,682
60 Maryland State Retirement & Pension System 1.25% of their portfolio BALTIMORE, MD 1,466,5761.5m $59.3m $59.3m 1.25% Added +12.8k +12,784
61 Russell Investments Group, Ltd. 0.11% of their portfolio Seattle, WA 1,455,1201.5m $58.9m $58.9m 0.11% Reduced -14.0k -13,994
62 Brookfield Corp /ON/ 0.22% of their portfolio TORONTO, A6 1,386,7981.4m $56.0m $56.0m 0.22% Reduced -66.5k -66,472
63 CREDIT SUISSE AG/ 0.05% of their portfolio ZURICH, V8 1,343,1261.3m $54.3m $54.3m 0.05% Added +14.2k +14,192
64 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,333,9801.3m $53.9m $53.9m 0.02% Added +154.6k +154,638
65 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 1,326,9391.3m $53.6m $53.6m 0.02% Added +399.6k +399,634
66 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 1,318,1201.3m $53.3m $53.3m 0.03% Added +31.1k +31,054
67 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,240,9521.2m $50.1m $50.1m 0.01% Added +51.7k +51,655
68 DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.61% of their portfolio CHICAGO, IL 1,239,8661.2m $50.1m $50.1m 0.61% Added +2.0k +2,008
69 Fiera Capital Corp 0.14% of their portfolio MONTREAL, A8 1,198,8631.2m $48.5m $48.5m 0.14% Reduced -4.9k -4,860
70 Energy Income Partners, LLC 1.00% of their portfolio Westport, CT 1,168,4611.2m $47.2m $47.2m 1.00% Reduced -28.2k -28,183
71 AGF MANAGEMENT LTD 0.34% of their portfolio TORONTO, A6 1,153,9011.2m $46.6m $46.6m 0.34% Added +163.3k +163,254
72 REAVES W H & CO INC 1.71% of their portfolio JERSEY CITY, NJ 1,150,0001.1m $46.5m $46.5m 1.71% Unchanged
73 Addenda Capital Inc. 2.46% of their portfolio MONTREAL, A8 1,075,8931.1m $58.6m $58.6m 2.46% Reduced -19.3k -19,309
74 Capital Group Private Client Services, Inc. 0.51% of their portfolio Los Angeles, CA 1,062,5471.1m $42.9m $42.9m 0.51% Added +120.8k +120,775
75 CANADA LIFE ASSURANCE Co 0.10% of their portfolio WINNIPEG, A2 1,053,5531.1m $42.9m $42.9m 0.10% Reduced -272.2k -272,214
76 QV Investors Inc. 3.76% of their portfolio CALGARY, A0 1,030,2801.0m $41.7m $41.7m 3.76% Reduced -26.0k -25,963
77 BlackRock Inc. 0.00% of their portfolio New York, NY 1,026,4331.0m $41.5m $41.5m 0.00% Added +15.5k +15,505
78 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 957,597957.6k $38.7m $38.7m 0.03% Added +186.3k +186,326
79 CIDEL ASSET MANAGEMENT INC 1.73% of their portfolio TORONTO, A6 943,902943.9k $38.2m $38.2m 1.73% Reduced -25.7k -25,686
80 CIBC Private Wealth Group LLC 0.04% of their portfolio ATLANTA, GA 920,166920.2k $37.2m $37.2m 0.04% Added +11.9k +11,904
81 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 4.26% of their portfolio MISSISSAUGA, A6 914,385914.4k $37.0m $37.0m 4.26% Added +34.3k +34,330
82 MARSHALL WACE, LLP 0.08% of their portfolio LONDON, X0 887,489887.5k $35.9m $35.9m 0.08% Added +332.9k +332,902
83 AVIVA PLC 0.15% of their portfolio LONDON, X0 881,749881.7k $35.7m $35.7m 0.15% Reduced -535.7k -535,681
84 EXCHANGE TRADED CONCEPTS, LLC 0.88% of their portfolio Oklahoma City, OK 880,153880.2k $35.6m $35.6m 0.88% Added +880.0k +880,019
85 Tortoise Index Solutions, LLC 7.26% of their portfolio OVERLAND PARK, KS 880,011880.0k $35.6m $35.6m 7.26% Reduced -98.7k -98,738
86 BANK OF NOVA SCOTIA TRUST CO 3.70% of their portfolio TORONTO, A6 877,068877.1k $35.4m $35.4m 3.70% Added +13.8k +13,766
87 UBS Group AG 0.01% of their portfolio ZURICH, V8 733,888733.9k $29.7m $29.7m 0.01% Reduced -16.4k -16,381
88 Northwest & Ethical Investments L.P. 0.90% of their portfolio TORONTO, A6 696,895696.9k $28.2m $28.2m 0.90% Added +10.6k +10,615
89 UniSuper Management Pty Ltd 0.39% of their portfolio Melbourne, Victoria, C3 633,992634.0k $33.9m $33.9m 0.39% First filing
90 Nexus Investment Management ULC 2.74% of their portfolio TORONTO, A6 622,820622.8k $25.2m $25.2m 2.74% Added +7.4k +7,355
91 NICOLA WEALTH MANAGEMENT LTD. 2.40% of their portfolio VANCOUVER, A1 604,370604.4k $24.4m $24.4m 2.40% Reduced -984.0k -984,000
92 HENNESSY ADVISORS INC 1.71% of their portfolio NOVATO, CA 587,600587.6k $23.7m $23.7m 1.71% Reduced -17.5k -17,500
93 SIG North Trading, ULC 12.87% of their portfolio Bala Cynwyd, PA 586,175586.2k $23.7m $23.7m 12.87% Reduced -5.2k -5,159
94 State of Tennessee, Department of Treasury 0.10% of their portfolio NASHVILLE, TN 583,581583.6k $23.6m $23.6m 0.10% New
95 Heathbridge Capital Management Ltd. 9.88% of their portfolio TORONTO, A6 561,165561.2k $22.7m $22.7m 9.88% Reduced -12.2k -12,200
96 NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio NEW YORK, NY 560,305560.3k $22.7m $22.7m 0.02% Added +7.8k +7,755
97 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 530,797530.8k $21.5m $21.5m 0.02% Added +17.3k +17,272
98 Partners Group Holding AG 1.78% of their portfolio BAAR-ZUG, V8 528,844528.8k $21.4m $21.4m 1.78% Reduced -3.3k -3,270
99 MILLER HOWARD INVESTMENTS INC /NY 0.73% of their portfolio KINGSTON, NY 504,394504.4k $20.4m $20.4m 0.73% Added +11.0k +10,953
100 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 501,112501.1k $20.3m $20.3m 0.01% Reduced -290.8k -290,752