Vault-13

TRICON RESIDENTIAL INC TCN

COM NPV · Common Stock · CUSIP 89612W102 · ISIN CA89612W1023

145 institutional holders +7 vs Q1 2023
155,832,288155.8m shares reported held*
$1.4bnreported value*
27 new 45 added 46 reduced 22 sold out net bought ≈ $52.1m (+5.9m 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 ($1.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.85. Options: 9 managers hold calls ($4.6m notional), 6 hold puts ($4.3m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 133Q4 22: 135Q1 23: 138Q2 23: 145145Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022133
Q4 2022135
Q1 2023138
Q2 2023145

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 74 bought or addedQ4 22: 64 cut or sold outQ4 22Q1 23: 74 bought or addedQ1 23: 56 cut or sold outQ1 23Q2 23: 72 bought or addedQ2 23: 68 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20227464
Q1 20237456
Q2 20237268

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ3 22 calls: $24.0mQ3 22 puts: $3.0mQ3 22P/C 0.13Q4 22 calls: $5.4mQ4 22 puts: $2.2mQ4 22P/C 0.40Q1 23 calls: $4.3mQ1 23 puts: $3.3mQ1 23P/C 0.77Q2 23 calls: $4.6mQ2 23 puts: $4.3mQ2 23P/C 0.95
Numbers
QuarterCallsPutsP/C
Q3 2022$24.0m$3.0m0.13
Q4 2022$5.4m$2.2m0.40
Q1 2023$4.3m$3.3m0.77
Q2 2023$4.6m$4.3m0.95

Biggest buyers

CENTERSQUARE INVESTMENT MANAGEMENT LLC Added +6,435,358+6.4m
1832 Asset Management L.P. Added +3,776,413+3.8m
Point72 Asset Management, L.P. New +2,470,200+2.5m
Schonfeld Strategic Advisors LLC New +2,132,264+2.1m
VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. New +1,501,539+1.5m
PEREGRINE CAPITAL MANAGEMENT LLC New +1,031,414+1.0m
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Added +947,139+947.1k
Hillsdale Investment Management Inc. New +772,400+772.4k
MILLENNIUM MANAGEMENT LLC Added +751,589+751.6k
CITIGROUP INC Added +469,565+469.6k

Biggest sellers

COHEN & STEERS, INC. Sold out -5,842,213-5.8m
Anson Funds Management LP Reduced -2,973,759-3.0m
Balyasny Asset Management L.P. Sold out -1,838,798-1.8m
WELLINGTON MANAGEMENT GROUP LLP Reduced -1,377,769-1.4m
JANUS HENDERSON GROUP PLC Reduced -1,086,190-1.1m
Fiera Capital Corp Reduced -642,729-642.7k
Voss Capital, LP Sold out -606,403-606.4k
MORGAN STANLEY Reduced -548,563-548.6k
ACADIAN ASSET MANAGEMENT LLC Sold out -443,900-443.9k
CITADEL ADVISORS LLC Reduced -375,917-375.9k

Biggest calls

D. E. Shaw & Co., Inc. Reduced $2.2m250.0k shares
CITADEL ADVISORS LLC Added $561.2k63.7k shares
JANE STREET GROUP, LLC Reduced $499.9k56.7k shares
SIG North Trading, ULC Added $494.2k56.1k shares
GROUP ONE TRADING LLC Added $491.6k55.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $202.6k23.0k shares
ROYAL BANK OF CANADA Unchanged $88.0k10.0k shares
SIMPLEX TRADING, LLC Reduced $13.0k1.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

D. E. Shaw & Co., Inc. Unchanged $2.2m250.0k shares
PEAK6 Investments LLC Unchanged $1.2m137.0k shares
CITADEL ADVISORS LLC Added $693.3k78.7k shares
SIG North Trading, ULC Reduced $158.6k18.0k shares
SIMPLEX TRADING, LLC Added $84.0k9.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF MONTREAL /CAN/ 0.06% of their portfolio TORONTO, A6 19,580,52119.6m $172.6m $172.6m 0.06% Added +321.4k +321,375
2 T. Rowe Price Investment Management, Inc. 0.11% of their portfolio BALTIMORE, MD 18,152,79118.2m $159.9m $159.9m 0.11% Reduced -215.5k -215,545
3 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 13,451,58313.5m $118.5m $118.5m 0.03% Reduced -1.2k -1,235
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 11,359,74811.4m $100.1m $100.1m 0.00% Added +58.0k +57,980
5 1832 Asset Management L.P. 0.17% of their portfolio TORONTO, A6 10,195,93810.2m $89.8m $89.8m 0.17% Added +3.8m +3,776,413
6 CENTERSQUARE INVESTMENT MANAGEMENT LLC 0.73% of their portfolio CONSHOHOCKEN, PA 7,059,4587.1m $62.2m $62.2m 0.73% Added +6.4m +6,435,358
7 MACQUARIE GROUP LTD 0.07% of their portfolio Sydney, NSW 2000, C3 6,871,1496.9m $60.5m $60.5m 0.07% Reduced -241.0k -240,991
8 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.55% of their portfolio VICTORIA, A1 6,648,8616.6m $58.6m $58.6m 0.55% Added +947.1k +947,139
9 JANUS HENDERSON GROUP PLC 0.03% of their portfolio LONDON, X0 6,340,2806.3m $55.8m $55.8m 0.03% Reduced -1.1m -1,086,190
10 CBRE INVESTMENT MANAGEMENT LISTED REAL ASSETS LLC 0.47% of their portfolio RADNOR, PA 2,974,6613.0m $26.2m $26.2m 0.47% Reduced -64.4k -64,396
11 Canoe Financial LP 0.55% of their portfolio CALGARY, A0 2,963,9593.0m $26.1m $26.1m 0.55% Reduced -111.7k -111,658
12 NORGES BANK 0.01% of their portfolio OSLO, Q8 2,938,7662.9m $25.9m $25.9m 0.01% Added +90.1k +90,060
13 Point72 Asset Management, L.P. 0.08% of their portfolio STAMFORD, CT 2,470,2002.5m $21.8m $21.8m 0.08% New
14 Pembroke Management, LTD 2.93% of their portfolio Montreal, A8 2,325,1152.3m $27.2m $27.2m 2.93% Reduced -58.2k -58,188
15 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 2,304,9012.3m $20.3m $20.3m 0.02% Added +751.6k +751,589
16 Alberta Investment Management Corp 0.19% of their portfolio EDMONTON, A0 2,261,1002.3m $19.9m $19.9m 0.19% Unchanged
17 Schonfeld Strategic Advisors LLC 0.16% of their portfolio NEW YORK, NY 2,132,2642.1m $18.8m $18.8m 0.16% New
18 MACKENZIE FINANCIAL CORP 0.02% of their portfolio TORONTO ONTARIO, A6 1,826,9171.8m $16.1m $16.1m 0.02% Reduced -117.9k -117,880
19 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,771,9551.8m $15.6m $15.6m 0.00% Reduced -1.4m -1,377,769
20 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 1,595,7481.6m $14.1m $14.1m 0.01% Reduced -43.2k -43,178
21 VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.24% of their portfolio AMSTERDAM, P7 1,501,5391.5m $13.2m $13.2m 0.24% New
22 SCOTIA CAPITAL INC. 0.08% of their portfolio TORONTO, A6 1,402,1481.4m $12.3m $12.3m 0.08% Added +393.6k +393,644
23 Legal & General Group Plc 0.00% of their portfolio London, X0 1,326,8281.3m $11.7m $11.7m 0.00% Added +29.9k +29,913
24 TD Asset Management Inc 0.01% of their portfolio Toronto, A6 1,218,4401.2m $10.8m $10.8m 0.01% Added +101.2k +101,231
25 MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd 1.18% of their portfolio MISSISSAUGA, A6 1,160,1691.2m $10.2m $10.2m 1.18% Added +100.7k +100,741
26 CIBC Asset Management Inc 0.04% of their portfolio TORONTO, Z4 1,155,0081.2m $10.2m $10.2m 0.04% Added +1.2k +1,184
27 CIBC WORLD MARKET INC. 0.03% of their portfolio TORONTO, A6 1,093,6631.1m $9.6m $9.6m 0.03% Added +163.1k +163,093
28 PEREGRINE CAPITAL MANAGEMENT LLC 0.25% of their portfolio MINNEAPOLIS, MN 1,031,4141.0m $9.1m $9.1m 0.25% New
29 Onex Canada Asset Management Inc. 0.55% of their portfolio TORONTO, A6 1,022,5431.0m $9.0m $9.0m 0.55% Reduced -265.8k -265,783
30 INTACT INVESTMENT MANAGEMENT INC. 0.35% of their portfolio MONTREAL, A8 984,107984.1k $8.7m $8.7m 0.35% Reduced -89.8k -89,800
31 Anson Funds Management LP 2.08% of their portfolio DALLAS, TX 932,669932.7k $8.2m $8.2m 2.08% Reduced -3.0m -2,973,759
32 CIDEL ASSET MANAGEMENT INC 0.36% of their portfolio TORONTO, A6 907,869907.9k $8.0m $8.0m 0.36% Unchanged
33 Ewing Morris & Co. Investment Partners Ltd. 5.57% of their portfolio TORONTO, Z4 811,189811.2k $7.2m $7.2m 5.57% Added +726 +726
34 Hillsdale Investment Management Inc. 0.63% of their portfolio Toronto, A6 772,400772.4k $6.8m $6.8m 0.63% New
35 Verition Fund Management LLC 0.10% of their portfolio GREENWICH, CT 700,885700.9k $6.2m $6.2m 0.10% Reduced -16.7k -16,673
36 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 620,839620.8k $5.5m $5.5m 0.00% Added +155.8k +155,775
37 LORD, ABBETT & CO. LLC 0.01% of their portfolio JERSEY CITY, NJ 615,400615.4k $5.4m $5.4m 0.01% Unchanged
38 Fiera Capital Corp 0.02% of their portfolio MONTREAL, A8 614,840614.8k $5.4m $5.4m 0.02% Reduced -642.7k -642,729
39 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 598,612598.6k $5.3m $5.3m 0.01% Reduced -20.1k -20,100
40 BECK MACK & OLIVER LLC 0.13% of their portfolio NEW YORK, NY 585,491585.5k $5.2m $5.2m 0.13% Added +79.0k +79,009
41 Public Sector Pension Investment Board 0.04% of their portfolio MONTREAL, A8 584,159584.2k $5.2m $5.2m 0.04% Added +14.2k +14,250
42 Swiss National Bank 0.00% of their portfolio ZURICH, V8 565,200565.2k $5.0m $5.0m 0.00% Unchanged
43 FIL Ltd 0.01% of their portfolio HAMILTON, D0 550,400550.4k $4.9m $4.9m 0.01% Reduced -53.0k -53,025
44 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 486,840486.8k $4.3m $4.3m 0.00% Reduced -548.6k -548,563
45 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 479,400479.4k $4.2m $4.2m 0.01% Added +469.6k +469,565
46 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 469,938469.9k $4.1m $4.1m 0.00% Added +85.6k +85,636
47 Connor, Clark & Lunn Investment Management Ltd. 0.02% of their portfolio VANCOUVER, A1 430,200430.2k $3.8m $3.8m 0.02% Added +265.6k +265,600
48 Lighthouse Investment Partners, LLC 0.27% of their portfolio Palm Beach Gardens, FL 410,000410.0k $3.6m $3.6m 0.27% New
49 PCJ Investment Counsel Ltd. 1.51% of their portfolio TORONTO, A6 403,940403.9k $3.6m $3.6m 1.51% New
50 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 366,032366.0k $3.2m $3.2m 0.00% Added +29.1k +29,051
51 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 339,437339.4k $3.0m $3.0m 0.00% Added +99.7k +99,730
52 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 314,223314.2k $2.8m $2.8m 0.00% Added +81.0k +81,038
53 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 296,263296.3k $2.6m $2.6m 0.00% New
54 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 289,200289.2k $2.5m $2.5m 0.00% Added +175.1k +175,097
55 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 237,446237.4k $2.1m $2.1m 0.00% Added +21.4k +21,404
56 Baskin Financial Services Inc. 0.20% of their portfolio TORONTO, A6 237,043237.0k $2.1m $2.1m 0.20% Reduced -37.1k -37,124
57 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 223,999224.0k $2.0m $2.0m 0.00% New
58 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 223,853223.9k $2.0m $2.0m 0.00% Reduced -2.5k -2,510
59 FIRST MANHATTAN CO. LLC. 0.01% of their portfolio NEW YORK, NY 200,310200.3k $1.8m $1.8m 0.01% Reduced -2.5k -2,500
60 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 191,182191.2k $1.7m $1.7m 0.00% Reduced -101.7k -101,700
61 Amundi 0.00% of their portfolio Paris, I0 189,145189.1k $1.7m $1.7m 0.00% Added +14.1k +14,119
62 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 185,351185.4k $1.6m $1.6m 0.00% Reduced -118.5k -118,539
63 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 184,300184.3k $1.6m $1.6m 0.00% Added +16.8k +16,800
64 Vestcor Inc 0.06% of their portfolio FREDERICTON, A3 182,900182.9k $1.6m $1.6m 0.06% New
65 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 177,344177.3k $1.6m $1.6m 0.00% Added +108.3k +108,295
66 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 159,710159.7k $1.4m $1.4m 0.00% Unchanged
67 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 157,113157.1k $1.4m $1.4m 0.00% Reduced -121.8k -121,822
68 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 145,352145.4k $1.3m $1.3m 0.00% Reduced -3.6k -3,571
69 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 145,037145.0k $1.3m $1.3m 0.00% Added +13.3k +13,292
70 Tacita Capital Inc 0.91% of their portfolio TORONTO, A6 139,945139.9k $1.2m $1.2m 0.91% Unchanged
71 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 134,323134.3k $1.2m $1.2m 0.00% Added +5.2k +5,197
72 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 127,601127.6k $1.1m $1.1m 0.00% Added +12.1k +12,075
73 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 123,488123.5k $1.1m $1.1m 0.00% Unchanged
74 SIG North Trading, ULC 0.52% of their portfolio Bala Cynwyd, PA 108,669108.7k $957.4k $957.4k 0.52% Added +70.2k +70,190
75 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 108,270108.3k $953.9k $953.9k 0.00% New
76 PDT Partners, LLC 0.13% of their portfolio New York, NY 106,515106.5k $938.4k $938.4k 0.13% Reduced -38.0k -37,999
77 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 95,86595.9k $846.2k $846.2k 0.00% Added +5.7k +5,662
78 Caldwell Investment Management Ltd. 0.63% of their portfolio TORONTO, A6 95,74095.7k $833.2k $833.2k 0.63% Unchanged
79 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 92,15692.2k $812.0k $812.0k 0.00% Added +46.0k +46,015
80 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 91,60691.6k $807.0k $807.0k 0.00% Reduced -1.3k -1,340
81 Mariner, LLC 0.00% of their portfolio Overland Park, KS 90,21990.2k $794.5k $794.5k 0.00% Added +27.9k +27,924
82 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 85,43985.4k $754.1k $754.1k 0.00% Unchanged
83 Greenland Capital Management LP 0.10% of their portfolio NEW YORK, NY 79,55879.6k $700.9k $700.9k 0.10% Added +49.6k +49,558
84 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 79,13079.1k $697.7k $697.7k 0.00% Added +32.3k +32,255
85 UBS Group AG 0.00% of their portfolio ZURICH, V8 78,19678.2k $688.9k $688.9k 0.00% Added +5.2k +5,200
86 PICTET ASSET MANAGEMENT SA 0.00% of their portfolio GENEVA 73, V8 76,74476.7k $677.4k $677.4k 0.00% Reduced -2.2k -2,242
87 UniSuper Management Pty Ltd 0.01% of their portfolio Melbourne, Victoria, C3 68,60068.6k $801.2k $801.2k 0.01% First filing
88 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 67,09767.1k $591.1k $591.1k 0.01% New
89 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 64,88564.9k $573 $573 0.00% Reduced -203.8k -203,828
90 Penserra Capital Management LLC 0.01% of their portfolio ORINDA, CA 62,06062.1k $546.0k $546.0k 0.01% Added +8.0k +8,034
91 Nebula Research & Development LLC 0.41% of their portfolio New York, NY 60,92260.9k $536.7k $536.7k 0.41% New
92 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 57,87257.9k $493.0k $493.0k 0.00% Reduced -4.1k -4,127
93 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 46,84346.8k $412.7k $412.7k 0.00% New
94 Engineers Gate Manager LP 0.01% of their portfolio NEW YORK, NY 40,86040.9k $360.3k $360.3k 0.01% New
95 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 40,69240.7k $482.9k $482.9k 0.00% Reduced -82.0k -82,013
96 Bank Pictet & Cie (Europe) AG 0.01% of their portfolio FRANKFURT AM MAIN, 2M 38,01138.0k $335.5k $335.5k 0.01% New
97 Hazelview Securities Inc. 0.05% of their portfolio TORONTO, A6 37,45237.5k $340.1k $340.1k 0.05% First filing
98 Gotham Asset Management, LLC 0.01% of their portfolio NEW YORK, NY 34,38734.4k $302.9k $302.9k 0.01% Reduced -691 -691
99 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 34,25334.3k $302.0k $302.0k 0.01% Reduced -38.4k -38,387
100 Petrus Trust Company, LTA 0.03% of their portfolio Dallas, TX 31,60331.6k $278.4k $278.4k 0.03% Unchanged