TAC TRANSALTA CORP
COM
CUSIP: 89346D107
Institutional Holders170
Total Institutional Value$2,812,031,687
Total Shares Held222,320,321
Avg Position$16,541,363
Top 5 Holders %48.5%
Alpha-Weighted Score68.2
New Positions+32
Exited Positions-24
Top 15 Institutional Holders by Value
■ New ■ Increased ■ Decreased ■ Unchanged
Institutional Holders — Q4 25
| Manager | Alpha | Flow | Value | Shares | Change |
|---|---|---|---|---|---|
| BROOKFIELD Corp /ON/ | Elite Conviction | Moderate Flow | $340,616,842 (12.1%) | 26,947,535 | -7.4% |
| ROYAL BANK OF CANADA | High Conviction | Market Mover | $330,235,000 (11.7%) | 26,126,198 | -70.7% |
| FMR LLC | High Conviction | Market Mover | $299,844,506 (10.7%) | 23,706,888 | -3.0% |
| RUBRIC CAPITAL MANAGEMENT LP | Elite Conviction | Low Flow | $224,755,948 (8.0%) | 17,781,325 | 3.1% |
| BANK OF MONTREAL /CAN/ | High Conviction | Market Mover | $168,162,706 (6.0%) | 13,295,335 | 18.1% |
| VANGUARD GROUP INC | High Conviction | Market Mover | $140,694,240 (5.0%) | 11,123,833 | -5.9% |
| BANK OF AMERICA CORP /DE/ | Moderate Conviction | Market Mover | $139,314,907 (5.0%) | 11,021,749 | -29.6% |
| MILLENNIUM MANAGEMENT, L.L.C. | Moderate Conviction | Market Mover | $114,170,071 (4.1%) | 8,875,864 | -38.9% |
| OAKTREE CAPITAL MANAGEMENT LP | High Conviction | Low Flow | $81,246,611 (2.9%) | 6,415,253 | -7.3% |
| TWENTIETH CENTURY COMPANIES INC | High Conviction | Market Mover | $76,668,542 (2.7%) | 6,061,717 | 86.7% |
| GOLDMAN SACHS GROUP INC | High Conviction | Market Mover | $61,902,162 (2.2%) | 4,897,323 | -33.3% |
| ARVIN CAPITAL MANAGEMENT LP | High Conviction | Minimal Flow | $53,357,232 (1.9%) | 4,221,300 | 3.8% |
| MACKENZIE FINANCIAL CORP | High Conviction | Significant Flow | $45,657,329 (1.6%) | 3,613,617 | -25.1% |
| NORGES BANK | High Conviction | Market Mover | $45,298,072 (1.6%) | 3,581,371 | NEW |
| MORGAN STANLEY | Moderate Conviction | Market Mover | $44,208,771 (1.6%) | 3,497,528 | -60.0% |
| UBS Group AG | Moderate Conviction | Market Mover | $38,649,518 (1.4%) | 3,057,715 | -39.9% |
| SCULPTOR CAPITAL LP | Moderate Conviction | Moderate Flow | $37,957,800 (1.3%) | 3,000,000 | NEW |
| TORONTO DOMINION BANK | High Conviction | Significant Flow | $33,011,444 (1.2%) | 2,609,946 | -17.6% |
| CITADEL ADVISORS LLC | Moderate Conviction | Market Mover | $30,169,253 (1.1%) | 2,386,808 | 108.1% |
| ROKOS CAPITAL MANAGEMENT LLP | Moderate Conviction | Moderate Flow | $28,994,954 (1.0%) | 2,293,069 | -23.2% |
| MAN GROUP PLC | High Conviction | Significant Flow | $26,519,538 (0.9%) | 2,098,053 | 140.3% |
| ARTEMIS INVESTMENT MANAGEMENT LLP | High Conviction | Moderate Flow | $22,999,310 (0.8%) | 1,818,379 | 24.3% |
| POTRERO CAPITAL RESEARCH LLC | High Conviction | Minimal Flow | $21,798,236 (0.8%) | 1,724,544 | -36.7% |
| CIBC WORLD MARKETS INC. | High Conviction | Significant Flow | $19,911,100 (0.7%) | 1,574,000 | -13.4% |
| DIMENSIONAL FUND ADVISORS LP | High Conviction | Market Mover | $19,438,936 (0.7%) | 1,537,875 | - |
| SIG NORTH TRADING, ULC | High Conviction | Low Flow | $18,507,678 (0.7%) | 1,464,215 | 47.3% |
| NATIONAL BANK OF CANADA /FI/ | Moderate Conviction | Market Mover | $17,864,766 (0.6%) | 1,415,276 | -16.2% |
| YAUPON CAPITAL MANAGEMENT LP | High Conviction | Low Flow | $16,327,367 (0.6%) | 1,290,906 | -14.3% |
| RENAISSANCE TECHNOLOGIES LLC | High Conviction | Significant Flow | $15,306,977 (0.5%) | 1,210,995 | 8.7% |
| STATE STREET CORP | High Conviction | Market Mover | $15,007,116 (0.5%) | 1,183,363 | -11.4% |
| BANK OF NOVA SCOTIA | High Conviction | Significant Flow | $13,674,484 (0.5%) | 1,081,198 | -18.9% |
| JANE STREET GROUP, LLC | Moderate Conviction | Market Mover | $12,999,406 (0.5%) | 1,028,434 | 67.6% |
| POINT72 ASSET MANAGEMENT, L.P. | Moderate Conviction | Market Mover | $12,605,450 (0.4%) | 996,761 | NEW |
| BNP PARIBAS FINANCIAL MARKETS | Moderate Conviction | Market Mover | $12,553,783 (0.4%) | 993,179 | -38.9% |
| CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. | High Conviction | Significant Flow | $12,391,477 (0.4%) | 979,699 | -6.2% |
| TD ASSET MANAGEMENT INC | High Conviction | Significant Flow | $11,517,326 (0.4%) | 909,411 | -4.0% |
| SCHWAB CHARLES INVESTMENT MANAGEMENT INC | High Conviction | Market Mover | $11,323,723 (0.4%) | 894,124 | -43.8% |
| WESTERLY CAPITAL MANAGEMENT, LLC | High Conviction | Minimal Flow | $10,175,200 (0.4%) | 805,000 | -17.3% |
| FIRST MANHATTAN CO | High Conviction | Moderate Flow | $10,063,884 (0.4%) | 793,222 | -14.3% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Moderate Conviction | Market Mover | $9,966,096 (0.4%) | 788,457 | 49.9% |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | High Conviction | Significant Flow | $8,854,561 (0.3%) | 700,000 | NEW |
| CLAYTON PARTNERS LLC | High Conviction | Minimal Flow | $7,957,790 (0.3%) | 629,572 | -16.1% |
| JPMORGAN CHASE & CO | High Conviction | Market Mover | $7,520,951 (0.3%) | 595,012 | 174.2% |
| SWISS NATIONAL BANK | High Conviction | Market Mover | $7,068,204 (0.3%) | 557,700 | -5.0% |
| FEDERATION DES CAISSES DESJARDINS DU QUEBEC | High Conviction | Significant Flow | $6,765,398 (0.2%) | 535,816 | -36.1% |
| Invesco Ltd. | Moderate Conviction | Market Mover | $6,758,797 (0.2%) | 534,715 | -32.0% |
| INTACT INVESTMENT MANAGEMENT INC. | High Conviction | Low Flow | $5,423,261 (0.2%) | 428,800 | -31.6% |
| QUBE RESEARCH & TECHNOLOGIES LTD | Moderate Conviction | Market Mover | $5,390,045 (0.2%) | 426,412 | 855.9% |
| CITIGROUP INC | Moderate Conviction | Market Mover | $5,125,743 (0.2%) | 404,730 | 576.7% |
| TUDOR INVESTMENT CORP ET AL | Moderate Conviction | Significant Flow | $5,111,983 (0.2%) | 404,429 | 2,601.4% |
| BLUECREST CAPITAL MANAGEMENT LTD | Moderate Conviction | Low Flow | $4,978,643 (0.2%) | 393,880 | NEW |
| CENTERBOOK PARTNERS LP | High Conviction | Moderate Flow | $4,777,187 (0.2%) | 377,942 | 363.7% |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. | High Conviction | Moderate Flow | $4,250,700 (0.2%) | 244,856 | - |
| LEGAL & GENERAL GROUP PLC | High Conviction | Market Mover | $3,658,316 (0.1%) | 288,863 | -13.1% |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | High Conviction | Market Mover | $3,622,889 (0.1%) | 285,840 | -12.1% |
| BLACKROCK FUNDING, INC. /DE | High Conviction | Market Mover | $3,473,649 (0.1%) | 274,814 | -19.3% |
| Y-INTERCEPT (HONG KONG) LTD | High Conviction | Moderate Flow | $3,422,331 (0.1%) | 270,754 | NEW |
| TAL INVESTMENT COUNSEL LTD | High Conviction | Significant Flow | $3,114,340 (0.1%) | 246,087 | -9.5% |
| SCOTIA CAPITAL INC. | High Conviction | Moderate Flow | $3,111,245 (0.1%) | 246,564 | 4.0% |
| VERITION FUND MANAGEMENT LLC | High Conviction | Significant Flow | $2,870,809 (0.1%) | 227,121 | 178.1% |
| SHAW D E & CO INC | Moderate Conviction | Market Mover | $2,785,594 (0.1%) | 220,216 | -52.9% |
| Nuveen, LLC | High Conviction | Market Mover | $2,697,345 (0.1%) | 212,983 | -7.3% |
| HUDSON BAY CAPITAL MANAGEMENT, L.P. | High Conviction | Significant Flow | $2,674,144 (0.1%) | 211,562 | NEW |
| TACITA CAPITAL INC | High Conviction | Minimal Flow | $2,636,221 (0.1%) | 208,307 | -12.1% |
| SONA ASSET MANAGEMENT (US) LLC | Moderate Conviction | Low Flow | $2,529,650 (0.1%) | 200,000 | -7.4% |
| GEODE CAPITAL MANAGEMENT, LLC | High Conviction | Market Mover | $2,452,652 (0.1%) | 189,615 | 8.5% |
| DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN | High Conviction | Market Mover | $2,373,843 (0.1%) | 187,804 | NEW |
| BTG PACTUAL ASSET MANAGEMENT US LLC | High Conviction | Low Flow | $2,364,970 (0.1%) | 186,980 | 236.4% |
| ARDSLEY ADVISORY PARTNERS | High Conviction | Low Flow | $2,276,555 (0.1%) | 180,000 | 44.9% |
| CARDINAL POINT CAPITAL MANAGEMENT, ULC | High Conviction | Low Flow | $2,133,091 (0.1%) | 168,411 | -5.1% |
| HERONETTA MANAGEMENT, L.P. | Elite Conviction | Minimal Flow | $2,117,920 (0.1%) | 122,000 | -8.7% |
| Massar Capital Management, LP | Moderate Conviction | Low Flow | $1,778,928 (0.1%) | 140,738 | NEW |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT CORP | High Conviction | Moderate Flow | $1,772,880 (0.1%) | 140,168 | -15.6% |
| RATHBONES GROUP PLC | High Conviction | Moderate Flow | $1,443,542 (0.1%) | 114,024 | 85.4% |
| JANUS HENDERSON GROUP PLC | High Conviction | Market Mover | $1,320,356 (0.0%) | 104,287 | -7.5% |
| MARINER, LLC | High Conviction | Market Mover | $1,299,653 (0.0%) | 102,819 | 5.0% |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | High Conviction | Significant Flow | $1,168,444 (0.0%) | 92,264 | -21.0% |
| CAMPBELL & CO INVESTMENT ADVISER LLC | High Conviction | Moderate Flow | $1,120,182 (0.0%) | 88,622 | NEW |
| SCHONFELD STRATEGIC ADVISORS LLC | High Conviction | Significant Flow | $1,023,978 (0.0%) | 81,011 | NEW |
| ZURCHER KANTONALBANK | High Conviction | Significant Flow | $1,010,649 (0.0%) | 79,801 | -5.0% |
| LOMBARD ODIER ASSET MANAGEMENT (USA) CORP | Moderate Conviction | Low Flow | $944,269 (0.0%) | 74,625 | -59.6% |
| VIDENT ADVISORY, LLC | Moderate Conviction | Significant Flow | $906,336 (0.0%) | 71,703 | -13.3% |
| GUARDIAN PARTNERS INC. | High Conviction | Low Flow | $902,984 (0.0%) | 72,055 | -10.7% |
| TREXQUANT INVESTMENT LP | High Conviction | Significant Flow | $872,185 (0.0%) | 69,002 | -76.7% |
| RAYMOND JAMES FINANCIAL INC | Moderate Conviction | Market Mover | $823,929 (0.0%) | 65,184 | -3.5% |
| PEAK6 LLC | Moderate Conviction | Significant Flow | $772,304 (0.0%) | 61,100 | -73.8% |
| FRANKLIN RESOURCES INC | High Conviction | Market Mover | $724,159 (0.0%) | 57,254 | 192.0% |
| BRIDGEWATER ASSOCIATES, LP | High Conviction | Significant Flow | $711,143 (0.0%) | 56,152 | -43.0% |
| CREATIVE PLANNING | High Conviction | Significant Flow | $647,080 (0.0%) | 51,193 | -9.6% |
| FOX RUN MANAGEMENT, L.L.C. | Moderate Conviction | Low Flow | $645,626 (0.0%) | 51,078 | NEW |
| PICTET ASSET MANAGEMENT HOLDING SA | High Conviction | Market Mover | $619,628 (0.0%) | 48,926 | -5.6% |
| TD WATERHOUSE CANADA INC. | High Conviction | Significant Flow | $607,506 (0.0%) | 48,141 | -20.5% |
| CLEAR HARBOR ASSET MANAGEMENT, LLC | High Conviction | Low Flow | $605,456 (0.0%) | 47,900 | -53.3% |
| HENNION & WALSH ASSET MANAGEMENT, INC. | High Conviction | Low Flow | $580,100 (0.0%) | 45,894 | -9.2% |
| AIGEN INVESTMENT MANAGEMENT, LP | Moderate Conviction | Low Flow | $533,917 (0.0%) | 31,298 | NEW |
| MITSUBISHI UFJ TRUST & BANKING CORP | High Conviction | Significant Flow | $516,145 (0.0%) | 41,300 | -66.7% |
| ALLIANCEBERNSTEIN L.P. | High Conviction | Market Mover | $512,565 (0.0%) | 40,551 | -87.1% |
| VANGUARD PERSONALIZED INDEXING MANAGEMENT, LLC | High Conviction | Significant Flow | $512,501 (0.0%) | 40,546 | -3.2% |
| DLD ASSET MANAGEMENT, LP | Moderate Conviction | Low Flow | $480,190 (0.0%) | 38,000 | NEW |
| PRIVATE ADVISOR GROUP, LLC | High Conviction | Significant Flow | $459,464 (0.0%) | 36,350 | -13.5% |
Implied Institutional Price History
Estimated from 13F aggregate market value ÷ shares reported across all institutional filers. Reflects quarter-end snapshot, not actual trade prices.
| Quarter | Filers | Institutional Value | Shares Held | Est. Avg Price |
|---|---|---|---|---|
| Q4 25 | 170 | $2.81B | 222,331,947 | $12.65 |
| Q3 25 | 162 | $3.88B | 301,035,551 | $12.90 |
| Q2 25 | 170 | $2.48B | 230,553,891 | $10.75 |
| Q1 25 | 163 | $2.75B | 294,716,878 | $9.32 |
| Q4 24 | 186 | $3.56B | 254,699,615 | $13.99 |
| Q3 24 | 157 | $2.00B | 196,328,873 | $10.17 |
| Q2 24 | 141 | $1.64B | 236,028,110 | $6.93 |
| Q1 24 | 139 | $1.49B | 236,042,775 | $6.30 |
Source: SEC 13F-HR filings. Implied price = aggregate market value ÷ shares reported. Not investment advice.