TC EnergyTRP
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 637 institutions reported holding TC Energy Corp. (TRP) in their 13F filings, up 41 from Q3 2025. 68 opened new positions and 41 sold out. The largest holders were Royal Bank of Canada ($5.2B), Bank of Montreal ($2.7B) and Vanguard Group Inc. ($2.6B). 8 famous investors held it, including Steve Cohen (0.1% of Point72 Asset Management's portfolio), Israel Englander (0.0% of Millennium Management's portfolio) and Ken Griffin (0.0% of Citadel Advisors's portfolio).
- Company
- TC Energy Corp.
- CUSIP
- 87807B107
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 68 | $112.1M |
| Exits | 41 | $54.5M |
All 13F filers, Q3 2025 → Q4 2025: 61,940,187 shares bought and 132,314,412 shares sold, net −70,374,225 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 637 holders
| Royal Bank of Canada | 0.91% | Reduce -26.3% | 94,324,411 | $5.2B |
| Bank of Montreal | 1.12% | Add +25.6% | 49,403,289 | $2.7B |
| Vanguard Group Inc. | 0.04% | Add +2.1% | 47,801,695 | $2.6B |
| Capital Research Global Investors | 0.33% | Reduce -23.4% | 32,172,117 | $1.8B |
| FIL Ltd | 1.17% | Add +3.9% | 28,305,789 | $1.6B |
| Capital International Investors | 0.23% | Reduce -12.0% | 26,188,429 | $1.4B |
| 1832 Asset Management L.P. | 1.72% | Add +75.4% | 24,512,522 | $1.3B |
| Cibc World Market Inc. | 2.32% | Add +21.2% | 23,576,724 | $1.3B |
| TD Asset Management Inc | 0.93% | Add +6.3% | 20,868,772 | $1.2B |
| Canada Pension Plan Investment Board | 0.67% | Reduce -15.1% | 18,168,460 | $1.0B |
| Toronto Dominion Bank | 1.65% | Add +1.2% | 16,815,011 | $925.9M |
| GQG Partners LLC | 1.47% | Add +586.5% | 16,154,469 | $890.7M |
| Deutsche Bank AG | 0.28% | Add +63.2% | 15,384,255 | $846.3M |
| Mackenzie Financial Corp. | 0.89% | Add +0.5% | 13,418,206 | $752.3M |
| Goldman Sachs Group Inc. | 0.10% | Reduce -79.7% | 13,205,999 | $726.5M |
| National Bank of Canada | 0.63% | Add +7.4% | 11,185,873 | $614.3M |
| Norges Bank | 0.06% | — | 10,600,494 | $583.7M |
| Geode Capital Management, LLC | 0.03% | Add +6.9% | 10,026,008 | $560.0M |
| Connor, Clark & Lunn Investment Management Ltd. | 1.39% | Add +18.7% | 9,654,085 | $531.6M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.90% | Reduce -32.5% | 9,579,034 | $527.5M |
| Dodge & Cox | 0.28% | Reduce -3.6% | 9,294,300 | $511.3M |
| Scotia Capital Inc. | 2.06% | Add +1.7% | 9,308,517 | $510.3M |
| Tortoise Capital Advisors, L.L.C. | 6.43% | Add +0.3% | 9,182,370 | $505.1M |
| Legal & General Group Plc | 0.11% | Reduce -1.5% | 9,120,442 | $502.9M |
| JPMorgan Chase & Co. | 0.03% | Reduce -19.4% | 9,057,031 | $498.2M |
| CIBC Asset Management Inc | 1.19% | Reduce -1.2% | 8,942,519 | $493.6M |
| Clearbridge Investments, LLC | 0.39% | Add +5.1% | 8,782,559 | $483.1M |
| Federation des caisses Desjardins du Quebec | 1.65% | Reduce -6.5% | 7,890,426 | $432.9M |
| Bank of Nova Scotia | 0.63% | Reduce -31.9% | 7,741,865 | $426.3M |
| Capital World Investors | 0.06% | Add +0.2% | 7,327,124 | $403.2M |
| American Century Companies Inc. | 0.18% | Reduce -1.3% | 6,409,464 | $352.9M |
| Beutel, Goodman & Co Ltd. | 2.05% | Reduce -7.3% | 6,045,999 | $333.4M |
| Mufg Securities (canada), LTD. | 8.31% | Add +16.1% | 5,424,436 | $298.8M |
| Kayne Anderson Capital Advisors LP | 6.69% | Reduce -0.3% | 5,347,680 | $294.2M |
| Morgan Stanley | 0.02% | Add +10.7% | 5,043,528 | $277.4M |
| Manufacturers Life Insurance Company, The | 0.22% | Add +2.7% | 4,820,775 | $266.1M |
| TD Waterhouse Canada Inc. | 1.64% | Add +1.2% | 4,806,132 | $263.5M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.35% | Reduce -5.7% | 4,240,055 | $233.2M |
| Amundi | 0.07% | Add +1.5% | 4,228,824 | $232.6M |
| Thornburg Investment Management Inc. | 2.81% | Add +0.3% | 4,040,854 | $222.5M |
| Bank of America Corp. | 0.01% | Reduce -59.2% | 3,545,093 | $195.0M |
| Invesco Ltd. | 0.02% | Reduce -5.3% | 3,472,519 | $191.0M |
| Cardinal Capital Management, Inc. | 4.07% | Reduce -4.0% | 2,396,890 | $181.2M |
| Charles Schwab Investment Management Inc. | 0.02% | Add +2.0% | 2,887,561 | $159.2M |
| Federated Hermes, Inc. | 0.26% | Reduce -0.2% | 2,826,748 | $155.5M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.80% | Add +31.7% | 2,763,785 | $152.2M |
| Swiss National Bank | 0.09% | Reduce -7.8% | 2,756,501 | $152.1M |
| T. Rowe Price Associates Inc. | 0.01% | Reduce -11.4% | 2,430,992 | $133.7M |
| OMERS ADMINISTRATION Corp | 0.95% | Add +49.6% | 2,420,000 | $133.4M |
| Caisse de depot et placement du Quebec | 0.21% | Add +57.9% | 2,285,264 | $126.0M |
| Blackstone Inc. | 0.54% | Add +34.0% | 2,251,984 | $123.9M |
| Dimensional Fund Advisors LP | 0.03% | Reduce -5.8% | 2,201,658 | $121.2M |
| Wells Fargo & Company | 0.02% | Add +2.0% | 2,164,171 | $119.2M |
| Westwood Holdings Group Inc. | 0.96% | Add +2.1% | 2,124,838 | $116.9M |
| Picton Mahoney Asset Management | 1.24% | Add +0.9% | 2,055,963 | $113.4M |
| Nicola Wealth Management LTD. | 10.02% | Reduce -13.2% | 2,000,000 | $110.1M |
| Duff & Phelps Investment Management Co. | 1.06% | Reduce -1.0% | 1,696,644 | $93.3M |
| Nuveen, LLC | 0.02% | Add +0.7% | 1,651,088 | $91.0M |
| Janus Henderson Group PLC | 0.04% | Add +42.7% | 1,636,675 | $90.2M |
| UBS Group AG | 0.02% | Reduce -0.5% | 1,629,829 | $89.7M |
| Russell Investments Group, Ltd. | 0.10% | Add +105.8% | 1,599,785 | $88.2M |
| Franklin Resources Inc. | 0.02% | Add +8.7% | 1,596,932 | $87.9M |
| Brookfield Corp | 0.11% | Reduce -6.2% | 1,594,020 | $87.7M |
| Acadian Asset Management LLC | 0.14% | Reduce -11.9% | 1,585,700 | $87.4M |
| BlackRock, Inc. | 0.00% | Reduce -7.2% | 1,576,663 | $86.7M |
| Agf Management Ltd. | 0.37% | Add +0.0% | 1,256,846 | $83.8M |
| Raymond James Financial Inc. | 0.02% | Add +1.6% | 1,385,490 | $76.2M |
| Envestnet Asset Management Inc. | 0.02% | Reduce -1.8% | 1,366,927 | $75.2M |
| Maryland State Retirement & Pension System | 1.47% | Reduce -5.2% | 1,299,068 | $71.6M |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT | 4.09% | Reduce -5.1% | 1,295,500 | $71.3M |
| Addenda Capital Inc. | 2.06% | Reduce -2.2% | 918,924 | $70.2M |
| CANADA LIFE ASSURANCE Co | 0.12% | Add +6.5% | 1,236,707 | $67.9M |
| Yaupon Capital Management LP | 3.10% | Add +17.0% | 1,143,027 | $62.9M |
| Miller Howard Investments Inc. | 1.89% | Add +0.2% | 1,135,832 | $62.5M |
| Energy Income Partners, LLC | 1.09% | Reduce -19.7% | 1,094,185 | $60.2M |
| MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd | 5.10% | Reduce -3.9% | 793,599 | $60.0M |
| Barclays PLC | 0.02% | Reduce -5.9% | 1,049,310 | $57.7M |
| M&G PLC | 0.30% | Reduce -12.1% | 1,034,888 | $56.9M |
| Alberta Investment Management Corp | 0.37% | Add +0.3% | 1,010,638 | $55.7M |
| Exchange Traded Concepts, LLC | 0.46% | Reduce -1.4% | 995,991 | $54.8M |
| Murchinson Ltd. | 33.78% | Reduce -75.7% | 984,068 | $54.1M |
| Bank of New York Mellon Corp | 0.01% | Add +1.1% | 936,234 | $51.5M |
| Scheer, Rowlett & Associates Investment Management Ltd. | 3.53% | Reduce -37.2% | 934,851 | $51.5M |
| Millennium Management | 0.04% | Reduce -34.9% | 906,077 | $49.9M |
| LPL Financial LLC | 0.01% | Add +3.5% | 883,704 | $48.6M |
| Bank of Nova Scotia Trust Co. | 4.19% | Add +3.0% | 876,271 | $48.2M |
| Northern Trust Corp. | 0.01% | Add +1.4% | 876,256 | $48.2M |
| Aviva PLC | 0.08% | Add +5.5% | 871,504 | $48.0M |
| Point72 Asset Management | 0.08% | New | 841,675 | $46.4M |
| Bessemer Group Inc. | 0.07% | Reduce -2.2% | 828,134 | $45.6M |
| First Trust Advisors LP | 0.03% | Reduce -5.5% | 824,252 | $45.4M |
| Citadel Advisors | 0.03% | Reduce -7.9% | 746,456 | $41.1M |
| Fractal Investments LLC | 4.98% | No change | 649,000 | $35.7M |
| State of Tennessee, Department of Treasury | 0.11% | Reduce -0.8% | 586,578 | $34.6M |
| Achmea Investment Management B.V. | 0.83% | Add +7.5% | 592,408 | $32.7M |
| Neuberger Berman Group LLC | 0.02% | Add +15.0% | 565,366 | $31.2M |
| Korea Investment CORP | 0.06% | Reduce -10.2% | 545,440 | $30.1M |
| Viking Fund Management LLC | 3.46% | No change | 542,000 | $29.8M |
| Allianz Asset Management GmbH | 0.03% | Reduce -22.9% | 539,871 | $29.8M |
| Massachusetts Financial Services Co. | 0.01% | Add +80.5% | 526,181 | $28.9M |
"% of holder's portfolio" is TRP's weight in each manager's 13F, not the share of TC Energy Corp. the manager owns.