TRANSALTA CORP TAC
COM · Common Stock · CUSIP 89346D107 · ISIN CA89346D1078
Global electricity generation company
- SectorUtilities
- IndustryElectric Services
- HeadquartersCalgary, Canada
- Founded1909
- Websitetransalta.com
- FilingsSEC EDGAR
* 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 ($52.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $13.96. Options: 16 managers hold calls ($110.5m notional), 10 hold puts ($25.3m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 103 |
| Q4 2022 | 111 |
| Q1 2023 | 111 |
| Q2 2023 | 128 |
| Q3 2023 | 124 |
| Q4 2023 | 137 |
| Q1 2024 | 139 |
| Q2 2024 | 142 |
| Q3 2024 | 157 |
| Q4 2024 | 185 |
| Q1 2025 | 163 |
| Q2 2025 | 169 |
| Q3 2025 | 161 |
| Q4 2025 | 172 |
| Q1 2026 | 177 |
| Q2 2026 | 177 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 92 | 65 |
| Q4 2024 | 92 | 81 |
| Q1 2025 | 92 | 100 |
| Q2 2025 | 79 | 90 |
| Q3 2025 | 83 | 85 |
| Q4 2025 | 85 | 82 |
| Q1 2026 | 96 | 73 |
| Q2 2026 | 99 | 81 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $42.1m | $13.5m | 0.32 |
| Q4 2025 | $37.8m | $24.3m | 0.64 |
| Q1 2026 | $41.7m | $15.5m | 0.37 |
| Q2 2026 | $110.5m | $25.3m | 0.23 |
Biggest buyers
| TORONTO DOMINION BANK | Added | +7.1m |
| MORGAN STANLEY | Added | +6.1m |
| BANK OF MONTREAL /CAN/ | Added | +4.2m |
| GOLDMAN SACHS GROUP INC | Added | +3.1m |
| ROYAL BANK OF CANADA | Added | +2.9m |
| Rubric Capital Management LP | Added | +2.5m |
| MILLENNIUM MANAGEMENT LLC | Added | +2.1m |
| CITADEL ADVISORS LLC | Added | +1.6m |
| Clearbridge Investments, LLC | New | +1.3m |
| MMCAP International Inc. SPC | New | +1.3m |
Biggest sellers
| FMR LLC | Reduced | -11.5m |
| OAKTREE CAPITAL MANAGEMENT LP | Reduced | -3.4m |
| Artemis Investment Management LLP | Sold out | -1.9m |
| Two Seas Capital LP | Sold out | -1.6m |
| INTACT INVESTMENT MANAGEMENT INC. | Reduced | -822.0k |
| FIRST MANHATTAN CO. LLC. | Sold out | -793.2k |
| Arvin Capital Management LP | Reduced | -746.1k |
| Man Group plc | Reduced | -699.5k |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -557.7k |
| Sculptor Capital LP | Sold out | -533.6k |
Biggest calls
| ROYAL BANK OF CANADA | New | $34.3m2.5m shares |
| PICTON MAHONEY ASSET MANAGEMENT | New | $17.9m1.3m shares |
| Waratah Capital Advisors Ltd. | Added | $16.6m1.2m shares |
| SIG North Trading, ULC | Added | $13.0m939.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $7.5m543.9k shares |
| JANE STREET GROUP, LLC | Added | $6.5m468.1k shares |
| Arvin Capital Management LP | New | $4.6m330.0k shares |
| IMC-Chicago, LLC | Reduced | $3.0m217.2k shares |
| CITADEL ADVISORS LLC | Added | $2.2m162.6k shares |
| GROUP ONE TRADING LLC | Reduced | $1.6m117.9k shares |
Biggest puts
| MILLENNIUM MANAGEMENT LLC | Unchanged | $7.8m400.0k shares |
| ROYAL BANK OF CANADA | New | $6.9m495.8k shares |
| SIG North Trading, ULC | Reduced | $5.5m397.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.0m147.6k shares |
| TORONTO DOMINION BANK | Added | $905.2k65.5k shares |
| NATIONAL BANK OF CANADA /FI/ | New | $809.2k585 shares |
| GROUP ONE TRADING LLC | New | $562.9k40.7k shares |
| CITADEL ADVISORS LLC | Reduced | $330.5k23.9k shares |
| IMC-Chicago, LLC | New | $316.7k22.9k shares |
| SIMPLEX TRADING, LLC | New | $112.0k8.1k 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.
| Holder | Stake |
|---|---|
BROOKFIELD Corp /ON/
13D · may seek influence
filed 2025-01-08
Stated purposeItem 4 of the original Schedule 13D is hereby supplemented as follows: The Purchaser Reporting Persons disposed of an aggregate 8,600,000 Common Shares in a block trade pursuant to Regulation S under the U.S. Securities Act of 1933, as amended, for aggregate cash proceeds of approximately C$168,990,000 (excluding brokerage commission), at a price of C$19.65 per Common Share. The disposition of the Common Shares reported in this Amendment No. 6 more closely aligns the Reporting Persons' aggregate share ownership with certain thresholds under the Investment Agreement. Although the Reporting Persons have no current specific plan or proposal for further dispositions of the Common Shares, the Reporting Persons also may, at any time and from time to time, subject to compliance at all relevant … Full filing |
9.0% |
| ROYAL BANK OF CANADA 13G · institution -1.0 pts · filed 2026-02-13 | 7.7% |
| BANK OF MONTREAL /CAN/ 13G · institution new · filed 2026-05-13 | 6.0% |
| Rubric Capital Management LP 13G · institution new · filed 2025-07-09 | 5.4% |
Fell to 5% or below in the last year: FMR LLC (4.6%, 2026-05-06), MILLENNIUM MANAGEMENT LLC (4.4%, 2025-11-14), GOLDMAN SACHS GROUP INC (2.4%, 2025-11-13)
Insider purchases and sales since 1 Apr 2026
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 since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| ROYAL BANK OF CANADA 0.07% of their portfolio | 28.2m $390.1m | Added +2.9m |
| Brookfield Corp /ON/ 0.48% of their portfolio | 27.0m $372.9m | Added +6.2k |
| BANK OF MONTREAL /CAN/ 0.11% of their portfolio | 21.9m $302.3m | Added +4.2m |
| Rubric Capital Management LP 2.57% of their portfolio | 20.2m $279.8m | Added +2.5m |
| TORONTO DOMINION BANK 0.27% of their portfolio | 11.7m $161.8m | Added +7.1m |
| MORGAN STANLEY 0.01% of their portfolio | 11.4m $157.6m | Added +6.1m |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 10.6m $146.9m | Added +3.1m |
| MILLENNIUM MANAGEMENT LLC 0.10% of their portfolio | 10.4m $144.1m | Added +2.1m |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 8.9m $123.4m | Added +968.1k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 7.8m $107.9m | Added +58.6k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 6.8m $94.5m | Added +529.1k |
| MACKENZIE FINANCIAL CORP 0.09% of their portfolio | 4.9m $96.0m | Added +210.6k |
| Arvin Capital Management LP 9.69% of their portfolio | 3.7m $51.8m | Reduced -746.1k |
| NORGES BANK 0.00% of their portfolio | 3.6m $49.5m | Not comparable |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 3.2m $44.1m | Added +1.6m |
| OAKTREE CAPITAL MANAGEMENT LP 0.78% of their portfolio | 3.0m $41.5m | Reduced -3.4m |
| VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio | 2.4m $33.1m | Added +33.6k |
| CIBC WORLD MARKET INC. 0.05% of their portfolio | 2.3m $31.8m | Added +17.3k |
| Value Aligned Research Advisors, LLC 0.18% of their portfolio | 2.1m $29.6m | Reduced -456.4k |
| FMR LLC 0.00% of their portfolio | 2.1m $29.4m | Reduced -11.5m |
| Yaupon Capital Management LP 0.95% of their portfolio | 2.1m $28.6m | Added +276.4k |
| Rokos Capital Management LLP 0.36% of their portfolio | 2.1m $28.5m | Reduced -231.2k |
| BANK OF NOVA SCOTIA 0.04% of their portfolio | 2.0m $28.3m | Added +710.9k |
| UBS Group AG 0.00% of their portfolio | 1.9m $25.7m | Added +39.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 1.7m $23.4m | Added +1.3m |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 1.7m $23.1m | Added +39.7k |
| NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio | 1.5m $21.0m | Reduced -557.7k |
| Man Group plc 0.04% of their portfolio | 1.4m $19.6m | Reduced -699.5k |
| Clearbridge Investments, LLC 0.02% of their portfolio | 1.3m $18.7m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 1.3m $18.3m | Reduced -105.5k |
| MMCAP International Inc. SPC 1.54% of their portfolio | 1.3m $18.1m | New |
| STATE STREET CORP 0.00% of their portfolio | 1.3m $17.3m | Added +60.7k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.10% of their portfolio | 1.2m $16.3m | Added +950.5k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 1.1m $15.2m | Reduced -484.9k |
| CITIGROUP INC 0.01% of their portfolio | 1.1m $15.0m | Added +879.5k |
| Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio | 1.1m $14.6m | Added +83.1k |
| TD Asset Management Inc 0.01% of their portfolio | 974.3k $13.5m | Reduced -126.9k |
| Vanguard Global Advisers, LLC 0.01% of their portfolio | 900.7k $12.5m | Added +56.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 892.4k $12.3m | Reduced -4.5k |
| BARCLAYS PLC 0.00% of their portfolio | 862.3k $11.9m | Added +385.2k |
| Purpose Unlimited Inc. 0.36% of their portfolio | 685.7k $9.5m | Added +171.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 660.1k $9.0m | Added +418.9k |
| Clayton Partners LLC 5.98% of their portfolio | 658.5k $9.1m | Added +27.1k |
| PCJ Investment Counsel Ltd. 2.60% of their portfolio | 653.3k $9.0m | New |
| INTACT INVESTMENT MANAGEMENT INC. 0.25% of their portfolio | 627.0k $8.7m | Reduced -822.0k |
| NewGen Asset Management Ltd 4.17% of their portfolio | 550.0k $7.6m | New |
| Canoe Financial LP 0.09% of their portfolio | 550.0k $7.6m | New |
| Swiss National Bank 0.00% of their portfolio | 538.8k $7.4m | Reduced -18.9k |
| Invesco Ltd. 0.00% of their portfolio | 522.7k $7.2m | Reduced -60.2k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.08% of their portfolio | 518.7k $10.2m | Added +227.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 484.5k $6.7m | Reduced -184.6k |
| SCOTIA CAPITAL INC. 0.02% of their portfolio | 470.8k $6.4m | Added +29.9k |
| Federation des caisses Desjardins du Quebec 0.02% of their portfolio | 460.5k $6.3m | Added +11.8k |
| Potrero Capital Research LLC 3.72% of their portfolio | 439.2k $6.1m | Reduced -351.2k |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 427.5k $5.9m | Reduced -275.9k |
| WESTERLY CAPITAL MANAGEMENT, LLC 1.36% of their portfolio | 400.0k $5.5m | Reduced -75.0k |
| BOOTHBAY FUND MANAGEMENT, LLC 0.09% of their portfolio | 362.0k $5.0m | New |
| ARDSLEY ADVISORY PARTNERS LP 0.52% of their portfolio | 345.0k $4.8m | Added +70.0k |
| TD Waterhouse Canada Inc. 0.01% of their portfolio | 332.3k $4.5m | Added +96.2k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 290.8k $4.0m | Added +11.0k |
| CIBC Asset Management Inc 0.01% of their portfolio | 283.6k $3.9m | Added +28.8k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 277.3k $3.8m | Added +65.4k |
| Legal & General Group Plc 0.00% of their portfolio | 269.5k $3.7m | Reduced -49.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 262.7k $3.6m | Reduced -171.8k |
| Polar Asset Management Partners Inc. 0.06% of their portfolio | 250.0k $3.5m | New |
| CenterBook Partners LP 0.16% of their portfolio | 236.8k $3.3m | Added +109.3k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 230.8k $3.2m | Added +4.2k |
| Tacita Capital Inc 1.67% of their portfolio | 222.6k $3.1m | Unchanged |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 217.1k $3.0m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 213.1k $3.0m | Added +9.4k |
| Nuveen, LLC 0.00% of their portfolio | 212.4k $2.9m | Reduced -547 |
| BlackRock, Inc. 0.00% of their portfolio | 206.4k $2.9m | Reduced -62.3k |
| PEAK6 LLC 0.06% of their portfolio | 184.8k $2.6m | Added +45.6k |
| Cardinal Point Capital Management ULC 0.14% of their portfolio | 182.6k $2.5m | Reduced -100 |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 163.7k $2.3m | Reduced -106.2k |
| Hartree Partners, LP 0.45% of their portfolio | 150.0k $2.1m | Added +50.0k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 148.3k $2.1m | Added +82.4k |
| HRT FINANCIAL LP 0.00% of their portfolio | 133.2k $1.8m | Added +109.0k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 133.1k $1.8m | Reduced -13.8k |
| PICTON MAHONEY ASSET MANAGEMENT 0.02% of their portfolio | 132.4k $1.8m | New |
| JUPITER ASSET MANAGEMENT LTD 0.01% of their portfolio | 113.5k $1.6m | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 112.4k $1.6m | Added +12.7k |
| Quantbot Technologies LP 0.06% of their portfolio | 109.6k $1.5m | Added +67.0k |
| Jupiter Topco LLC 0.00% of their portfolio | 104.3k $1.4m | First filing |
| Capital Innovations LLC 0.36% of their portfolio | 99.6k $1.4m | New |
| Vident Advisory, LLC 0.01% of their portfolio | 99.4k $1.4m | Added +26.6k |
| BTG Pactual Asset Management US LLC 0.09% of their portfolio | 91.8k $1.3m | Reduced -77.4k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 91.6k $1.3m | Reduced -736 |
| SIG North Trading, ULC 0.23% of their portfolio | 90.8k $1.3m | Reduced -231.9k |
| Mariner, LLC 0.00% of their portfolio | 86.9k $1.2m | Reduced -11.6k |
| Greenland Capital Management LP 0.20% of their portfolio | 78.0k $1.1m | New |
| Gotham Asset Management, LLC 0.00% of their portfolio | 77.9k $1.1m | Reduced -7.0k |
| Alberta Investment Management Corp 0.01% of their portfolio | 70.9k $979.2k | Unchanged |
| Vanguard Investments Australia, Ltd. 0.00% of their portfolio | 70.5k $975.4k | Unchanged |
| BESSEMER GROUP INC 0.00% of their portfolio | 68.3k $943.0k | Unchanged |
| Guardian Partners Inc. 0.08% of their portfolio | 66.1k $913.5k | Reduced -6.0k |
| AYAL Capital Advisors Ltd 0.46% of their portfolio | 65.0k $899.0k | Unchanged |
| Blackstone Inc. 0.00% of their portfolio | 62.9k $869.6k | Not comparable |
| Walleye Capital LLC 0.00% of their portfolio | 61.0k $844.3k | New |
| Diametric Capital, LP 0.09% of their portfolio | 60.9k $841.9k | Added +6.8k |