TC Energy Corp
TRP- Exchange
- NYSE
- Industry
- Natural Gas Transmission
- SEC CIK
- 0001232384
No open-market purchases or sales by TC Energy Corp insiders were filed in the last 90 days; 703 institutions reported holding it in 13F filings for Q2 2026, worth $45.7B in total; no superinvestor holds it.
13F holders, Q4 2025
Institutional positions in TC Energy Corp as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 637
- +55 vs. Q3 2025
- Shares held
- 740.2M
- −58.6M (−7.3%) vs. Q3 2025
- Total value
- $40.9B
- −$2.59B (−6.0%) vs. Q3 2025
- New holders
- 96
- 225 more added
- Sold out
- 41
- 182 more reduced
14 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting TRP on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 703 | $45.7B |
| Q1 2026 | 683 | $45.1B |
| Q4 2025 | 637 | $40.9B |
| Q3 2025 | 596 | $44.1B |
| Q2 2025 | 606 | $38.5B |
| Q1 2025 | 605 | $36.6B |
| Q4 2024 | 598 | $34.7B |
| Q3 2024 | 567 | $36.8B |
| Q2 2024 | 529 | $30.1B |
| Q1 2024 | 516 | $33.0B |
| Q4 2023 | 518 | $30.7B |
| Q3 2023 | 502 | $29.2B |
| Q2 2023 | 513 | $32.3B |
| Q1 2023 | 514 | $30.6B |
| Q4 2022 | 541 | $29.7B |
| Q3 2022 | 529 | $30.4B |
| Q2 2022 | 538 | $37.8B |
| Q1 2022 | 540 | $41.0B |
| Q4 2021 | 516 | $32.4B |
| Q3 2021 | 502 | $33.5B |
| Q2 2021 | 508 | $33.8B |
| Q1 2021 | 514 | $31.9B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding TC Energy Corp; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Royal Bank of Canada | 94,324,411 | $5.19B | 0.91% | −33,685,862−26.3% | Reduced |
| Bank of Montreal | 49,403,289 | $2.72B | 1.11% | +10,064,478+25.6% | Added |
| Vanguard Group Inc | 47,801,695 | $2.63B | 0.04% | +980,221+2.1% | Added |
| Capital Research Global Investors | 32,172,117 | $1.77B | 0.33% | −9,805,465−23.4% | Reduced |
| FIL Ltd | 28,305,789 | $1.56B | 1.17% | +1,052,166+3.9% | Added |
| Capital International Investors | 26,188,429 | $1.44B | 0.23% | −3,569,740−12.0% | Reduced |
| 1832 Asset Management L.P. | 24,512,522 | $1.35B | 1.71% | +10,540,166+75.4% | Added |
| CIBC World Markets Inc. | 23,576,724 | $1.30B | 2.32% | +4,128,390+21.2% | Added |
| TD Asset Management Inc | 20,868,772 | $1.15B | 0.93% | +1,244,525+6.3% | Added |
| Canada Pension Plan Investment Board | 18,168,460 | $1.00B | 0.67% | −3,242,621−15.1% | Reduced |
| Toronto Dominion Bank | 16,815,011 | $925.9M | 1.63% | +202,134+1.2% | Added |
| GQG Partners LLC | 16,154,469 | $890.7M | 1.47% | +13,801,371+586.5% | Added |
| Deutsche Bank AG | 15,384,255 | $846.3M | 0.28% | +5,956,263+63.2% | Added |
| Mackenzie Financial Corp | 13,418,206 | $752.3M | 0.89% | +66,344+0.5% | Added |
| Goldman Sachs Group Inc | 13,205,999 | $726.5M | 0.10% | −51,837,260−79.7% | Reduced |
| National Bank of Canada | 11,185,873 | $614.3M | 0.63% | +771,244+7.4% | Added |
| Norges Bank | 10,600,494 | $583.7M | 0.06% | +10,600,494 | New |
| Geode Capital Management, LLC | 10,026,008 | $560.0M | 0.03% | +644,186+6.9% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 9,654,085 | $531.6M | 1.39% | +1,520,523+18.7% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 9,579,034 | $527.5M | 0.89% | −4,620,966−32.5% | Reduced |
| Dodge & Cox | 9,294,300 | $511.3M | 0.28% | −351,500−3.6% | Reduced |
| Scotia Capital Inc. | 9,308,517 | $510.3M | 2.06% | +153,513+1.7% | Added |
| Tortoise Capital Advisors, L.L.C. | 9,182,370 | $505.1M | 6.43% | +31,047+0.3% | Added |
| Legal & General Group Plc | 9,120,442 | $502.9M | 0.11% | −134,990−1.5% | Reduced |
| JPMorgan Chase & Co | 9,057,031 | $498.2M | 0.03% | −2,180,053−19.4% | Reduced |
| CIBC Asset Management Inc | 8,942,519 | $493.6M | 1.19% | −111,236−1.2% | Reduced |
| Clearbridge Investments, LLC | 8,782,559 | $483.1M | 0.39% | +425,570+5.1% | Added |
| Federation des caisses Desjardins du Quebec | 7,890,426 | $432.9M | 1.65% | −553,096−6.6% | Reduced |
| Bank of Nova Scotia | 7,741,865 | $426.3M | 0.63% | −3,628,724−31.9% | Reduced |
| Capital World Investors | 7,327,124 | $403.2M | 0.05% | +16,428+0.2% | Added |
| American Century Companies Inc | 6,409,464 | $352.9M | 0.18% | −82,335−1.3% | Reduced |
| Beutel, Goodman & Co Ltd. | 6,045,999 | $333.4M | 2.05% | −474,774−7.3% | Reduced |
| MUFG Securities (Canada), Ltd. | 5,424,436 | $298.8M | 8.31% | +753,588+16.1% | Added |
| Kayne Anderson Capital Advisors LP | 5,347,680 | $294.2M | 6.68% | −13,977−0.3% | Reduced |
| Morgan Stanley | 5,043,528 | $277.4M | 0.02% | +487,178+10.7% | Added |
| Manufacturers Life Insurance Company, The | 4,820,775 | $266.1M | 0.22% | +127,404+2.7% | Added |
| TD Waterhouse Canada Inc. | 4,806,132 | $263.5M | 1.64% | +58,624+1.2% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 4,240,055 | $233.2M | 0.35% | −256,355−5.7% | Reduced |
| Amundi | 4,228,824 | $232.6M | 0.06% | +62,392+1.5% | Added |
| Thornburg Investment Management Inc | 4,040,854 | $222.5M | 2.81% | +13,568+0.3% | Added |
| Bank of America Corp | 3,545,093 | $195.0M | 0.01% | −5,144,958−59.2% | Reduced |
| Invesco Ltd. | 3,472,519 | $191.0M | 0.02% | −195,107−5.3% | Reduced |
| Cardinal Capital Management, Inc. | 2,396,890 | $181.2M | 4.07% | −99,127−4.0% | Reduced |
| Charles Schwab Investment Management Inc | 2,887,561 | $159.2M | 0.02% | +57,605+2.0% | Added |
| Federated Hermes, Inc. | 2,826,748 | $155.5M | 0.26% | −5,261−0.2% | Reduced |
| British Columbia Investment Management Corp | 2,763,785 | $152.2M | 0.80% | +665,454+31.7% | Added |
| Swiss National Bank | 2,756,501 | $152.1M | 0.09% | −233,700−7.8% | Reduced |
| Price T Rowe Associates Inc | 2,430,992 | $133.7M | 0.01% | −311,892−11.4% | Reduced |
| Omers Administration Corp | 2,420,000 | $133.4M | 0.95% | +802,190+49.6% | Added |
| Caisse de Depot Et Placement du Quebec | 2,285,264 | $126.0M | 0.21% | +838,258+57.9% | Added |
| Blackstone Group Inc. | 2,251,984 | $123.9M | 0.54% | +571,713+34.0% | Added |
| Dimensional Fund Advisors LP | 2,201,658 | $121.2M | 0.03% | −135,694−5.8% | Reduced |
| Wells Fargo & Company | 2,164,171 | $119.2M | 0.02% | +42,665+2.0% | Added |
| Westwood Holdings Group Inc. | 2,124,838 | $116.9M | 0.95% | +44,472+2.1% | Added |
| Picton Mahoney Asset Management | 2,055,963 | $113.4M | 1.24% | +18,953+0.9% | Added |
| Nicola Wealth Management Ltd. | 2,000,000 | $110.1M | 10.02% | −302,996−13.2% | Reduced |
| Duff & Phelps Investment Management Co | 1,696,644 | $93.3M | 1.06% | −17,326−1.0% | Reduced |
| Nuveen, LLC | 1,651,088 | $91.0M | 0.02% | +10,695+0.7% | Added |
| Janus Henderson Group PLC | 1,636,675 | $90.2M | 0.04% | +489,948+42.7% | Added |
| UBS Group AG | 1,629,829 | $89.7M | 0.02% | −8,340−0.5% | Reduced |
| Russell Investments Group, Ltd. | 1,599,785 | $88.2M | 0.10% | +822,363+105.8% | Added |
| Franklin Resources Inc | 1,596,932 | $87.9M | 0.02% | +127,810+8.7% | Added |
| Brookfield Asset Management Inc. | 1,594,020 | $87.7M | 0.11% | −104,904−6.2% | Reduced |
| Acadian Asset Management LLC | 1,585,700 | $87.4M | 0.14% | −213,900−11.9% | Reduced |
| BlackRock, Inc. | 1,576,663 | $86.7M | 0.00% | −121,963−7.2% | Reduced |
| Agf Management Ltd | 1,256,846 | $83.8M | 0.36% | +1350.0% | Added |
| Raymond James Financial Inc | 1,385,490 | $76.2M | 0.02% | +22,316+1.6% | Added |
| Envestnet Asset Management Inc | 1,366,927 | $75.2M | 0.02% | −25,174−1.8% | Reduced |
| Maryland State Retirement & Pension System | 1,299,068 | $71.6M | 1.47% | −71,007−5.2% | Reduced |
| Cushing Asset Management, LP | 1,295,500 | $71.3M | 4.09% | −70,000−5.1% | Reduced |
| Addenda Capital Inc. | 918,924 | $70.2M | 2.06% | −20,460−2.2% | Reduced |
| Great West Life Assurance Co | 1,236,707 | $67.9M | 0.12% | +75,074+6.5% | Added |
| Yaupon Capital Management LP | 1,143,027 | $62.9M | 3.09% | +166,114+17.0% | Added |
| Miller Howard Investments Inc | 1,135,832 | $62.5M | 1.89% | +2,564+0.2% | Added |
| Energy Income Partners, LLC | 1,094,185 | $60.2M | 1.09% | −268,823−19.7% | Reduced |
| Lincluden Management Ltd | 793,599 | $60.0M | 5.10% | −32,307−3.9% | Reduced |
| Barclays PLC | 1,049,310 | $57.7M | 0.02% | −65,472−5.9% | Reduced |
| M&G Plc | 1,034,888 | $56.9M | 0.29% | −141,789−12.0% | Reduced |
| Alberta Investment Management Corp | 1,010,638 | $55.7M | 0.33% | +3,300+0.3% | Added |
| Exchange Traded Concepts, LLC | 995,991 | $54.8M | 0.46% | −14,266−1.4% | Reduced |
| Murchinson Ltd. | 984,068 | $54.1M | 29.05% | −3,066,000−75.7% | Reduced |
| Bank of New York Mellon Corp | 936,234 | $51.5M | 0.01% | +10,068+1.1% | Added |
| Scheer, Rowlett & Associates Investment Management Ltd. | 934,851 | $51.5M | 3.53% | −553,773−37.2% | Reduced |
| Millennium Management LLC | 906,077 | $49.9M | 0.04% | −485,792−34.9% | Reduced |
| LPL Financial LLC | 883,704 | $48.6M | 0.01% | +29,810+3.5% | Added |
| Bank of Nova Scotia Trust Co | 876,271 | $48.2M | 4.19% | +25,508+3.0% | Added |
| Northern Trust Corp | 876,256 | $48.2M | 0.01% | +12,426+1.4% | Added |
| Aviva PLC | 871,504 | $48.0M | 0.08% | +45,364+5.5% | Added |
| Point72 Asset Management, L.P. | 841,675 | $46.4M | 0.07% | +841,675 | New |
| Bessemer Group Inc | 828,134 | $45.6M | 0.07% | −18,618−2.2% | Reduced |
| First Trust Advisors LP | 824,252 | $45.4M | 0.03% | −47,599−5.5% | Reduced |
| Citadel Advisors LLC | 746,456 | $41.1M | 0.03% | −64,002−7.9% | Reduced |
| Fractal Investments LLC | 649,000 | $35.7M | 4.98% | 00.0% | Unchanged |
| State of Tennessee, Treasury Department | 586,578 | $34.6M | 0.11% | −4,631−0.8% | Reduced |
| Achmea Investment Management B.V. | 592,408 | $32.7M | 0.83% | +41,295+7.5% | Added |
| Neuberger Berman Group LLC | 565,366 | $31.2M | 0.02% | +73,561+15.0% | Added |
| Korea Investment CORP | 545,440 | $30.1M | 0.06% | −62,047−10.2% | Reduced |
| Viking Fund Management LLC | 542,000 | $29.8M | 3.46% | 00.0% | Unchanged |
| Allianz Asset Management GmbH | 539,871 | $29.8M | 0.03% | −159,969−22.9% | Reduced |
| Massachusetts Financial Services Co | 526,181 | $28.9M | 0.01% | +234,594+80.5% | Added |