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Institutional Ownership · SEC Form 13F

Who owns TAC


Which tracked institutional funds hold TAC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TAC company fundamentals →

Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

178
Institutional holders
217M
Shares held (tracked funds)

How the tape is positioned

69 tracked funds added or opened TAC while 33 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

TAC’s largest tracked holder by dollar value, BROOKFIELD Corp /ON/, sizes it at 0.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in TAC divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2025-Q4 and 2026-Q1, across 178 tracked filers holding TAC, 101 increased or opened the position and 74 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in TAC between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 17

  • VANGUARD CAPITAL MANAGEMENT LLC$102M
  • Value Aligned Research Advisors, LLC$34M
  • VANGUARD FIDUCIARY TRUST CO$31M
  • Two Seas Capital LP$21M
  • BALYASNY ASSET MANAGEMENT L.P.$21M
  • Vanguard Global Advisers, LLC$11M

Full exits 12

  • VANGUARD GROUP INC$127M
  • NORGES BANK$45M
  • HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND$9M
  • TUDOR INVESTMENT CORP ET AL$5M
  • BlueCrest Capital Management Ltd$5M
  • Y-Intercept (Hong Kong) Ltd$3M

Largest adds

  • BANK OF MONTREAL /CAN/$65M
  • GOLDMAN SACHS GROUP INC$37M
  • TORONTO DOMINION BANK$28M
  • MORGAN STANLEY$24M
  • MACKENZIE FINANCIAL CORP$16M
  • BROOKFIELD Corp /ON/$14M

Largest trims

  • FMR LLC$123M
  • BANK OF AMERICA CORP /DE/$35M
  • Sculptor Capital LP$31M
  • UBS Group AG$15M
  • Potrero Capital Research LLC$11M
  • JANE STREET GROUP, LLC$5M

Institutional holders

One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).

FundSharesReported value% of valueQuarter
BROOKFIELD Corp /ON/ added26,954,624$354M11.4%2026-Q1
ROYAL BANK OF CANADA trimmed25,307,692$332M10.7%2026-Q1
BANK OF MONTREAL /CAN/ added17,714,553$233M7.5%2026-Q1
Rubric Capital Management LP17,781,325$233M7.5%2026-Q1
FMR LLC trimmed13,450,075$177M5.7%2026-Q1
MILLENNIUM MANAGEMENT LLC trimmed8,318,000$109M3.5%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed7,957,029$104M3.4%2026-Q1
VANGUARD CAPITAL MANAGEMENT LLC new7,739,481$102M3.3%2026-Q1
GOLDMAN SACHS GROUP INC added7,526,563$99M3.2%2026-Q1
OAKTREE CAPITAL MANAGEMENT LP6,415,253$84M2.7%2026-Q1
AMERICAN CENTURY COMPANIES INC added6,304,689$83M2.7%2026-Q1
MORGAN STANLEY added5,244,199$69M2.2%2026-Q1
MACKENZIE FINANCIAL CORP added4,684,204$62M2.0%2026-Q1
TORONTO DOMINION BANK added4,580,887$60M1.9%2026-Q1
Arvin Capital Management LP added4,488,235$59M1.9%2026-Q1
Value Aligned Research Advisors, LLC added2,596,273$34M1.1%2026-Q1
VANGUARD FIDUCIARY TRUST CO new2,362,425$31M1.0%2026-Q1
Rokos Capital Management LLP2,293,069$30M1.0%2026-Q1
CIBC WORLD MARKET INC. added2,283,297$30M1.0%2026-Q1
Man Group plc added2,118,547$28M0.9%2026-Q1
NATIONAL BANK OF CANADA /FI/ added2,088,238$27M0.9%2026-Q1
Artemis Investment Management LLP added1,875,520$25M0.8%2026-Q1
UBS Group AG trimmed1,818,976$24M0.8%2026-Q1
Yaupon Capital Management LP added1,788,700$24M0.8%2026-Q1
CITADEL ADVISORS LLC trimmed1,632,890$21M0.7%2026-Q1
DIMENSIONAL FUND ADVISORS LP added1,629,540$21M0.7%2026-Q1
Two Seas Capital LP new1,597,900$21M0.7%2026-Q1
BALYASNY ASSET MANAGEMENT L.P. added1,585,000$21M0.7%2026-Q1
INTACT INVESTMENT MANAGEMENT INC. added1,449,000$19M0.6%2026-Q1
RENAISSANCE TECHNOLOGIES LLC added1,428,195$19M0.6%2026-Q1
BANK OF NOVA SCOTIA added1,338,554$18M0.6%2026-Q1
STATE STREET CORP added1,189,366$16M0.5%2026-Q1
TD Asset Management Inc added1,101,123$14M0.5%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. trimmed975,899$13M0.4%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added896,927$12M0.4%2026-Q1
Vanguard Global Advisers, LLC new844,709$11M0.4%2026-Q1
FIRST MANHATTAN CO. LLC.793,222$10M0.3%2026-Q1
Potrero Capital Research LLC trimmed790,373$10M0.3%2026-Q1
Point72 Asset Management, L.P. trimmed703,450$9M0.3%2026-Q1
BNP PARIBAS FINANCIAL MARKETS trimmed669,084$9M0.3%2026-Q1
Clayton Partners LLC added631,406$8M0.3%2026-Q1
Invesco Ltd. added579,588$8M0.2%2026-Q1
Swiss National Bank557,700$7M0.2%2026-Q1
Sculptor Capital LP trimmed533,600$7M0.2%2026-Q1
Purpose Unlimited Inc. added514,589$7M0.2%2026-Q1
Capital Wealth Planning, LLC new500,960$7M0.2%2026-Q1
BARCLAYS PLC added477,102$6M0.2%2026-Q1
WESTERLY CAPITAL MANAGEMENT, LLC trimmed475,000$6M0.2%2026-Q1
Federation des caisses Desjardins du Quebec trimmed448,698$6M0.2%2026-Q1
SCOTIA CAPITAL INC. added440,947$6M0.2%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP added434,433$6M0.2%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed415,048$5M0.2%2026-Q1
VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. added290,819$5M0.2%2026-Q1
SIG North Trading, ULC added322,752$4M0.1%2026-Q1
Legal & General Group Plc added319,167$4M0.1%2026-Q1
TWO SIGMA INVESTMENTS, LP added302,340$4M0.1%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed279,817$4M0.1%2026-Q1
ARDSLEY ADVISORY PARTNERS LP added275,000$4M0.1%2026-Q1
D. E. Shaw & Co., Inc. added269,878$4M0.1%2026-Q1
BlackRock, Inc. trimmed268,650$4M0.1%2026-Q1
CIBC Asset Management Inc added254,855$3M0.1%2026-Q1
TD Waterhouse Canada Inc. added236,167$3M0.1%2026-Q1
JPMORGAN CHASE & CO trimmed241,211$3M0.1%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new226,624$3M0.1%2026-Q1
Melqart Asset Management (UK) Ltd new227,406$3M0.1%2026-Q1
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added225,864$3M0.1%2026-Q1
Tacita Capital Inc added222,601$3M0.1%2026-Q1
Nuveen, LLC212,983$3M0.1%2026-Q1
Qube Research & Technologies Ltd trimmed211,875$3M0.1%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC added203,710$3M0.1%2026-Q1
CITIGROUP INC trimmed203,675$3M0.1%2026-Q1
Cardinal Point Capital Management ULC added182,660$2M0.1%2026-Q1
BTG Pactual Asset Management US LLC trimmed169,173$2M0.1%2026-Q1
JANE STREET GROUP, LLC trimmed146,947$2M0.1%2026-Q1
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main trimmed140,688$2M0.1%2026-Q1
VANGUARD GROUP INC trimmed10,058,231$127M4.1%2025-Q4 stale
NORGES BANK new3,581,371$45M1.5%2025-Q4 stale
Aventail Capital Group, LP added2,829,643$39M1.2%2025-Q3 stale
Valiant Capital Management, L.P. new960,092$9M0.3%2025-Q1 stale
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added700,000$9M0.3%2025-Q4 stale
Jain Global LLC new618,976$8M0.3%2025-Q3 stale
MAPLELANE CAPITAL, LLC trimmed608,500$8M0.3%2025-Q3 stale
TUDOR INVESTMENT CORP ET AL added404,429$5M0.2%2025-Q4 stale
BlueCrest Capital Management Ltd added393,880$5M0.2%2025-Q4 stale
Waratah Capital Advisors Ltd. trimmed334,994$5M0.1%2025-Q3 stale
CANADA PENSION PLAN INVESTMENT BOARD trimmed450,000$4M0.1%2025-Q1 stale
Cinctive Capital Management LP added264,361$4M0.1%2025-Q3 stale
Y-Intercept (Hong Kong) Ltd added270,754$3M0.1%2025-Q4 stale
MOORE CAPITAL MANAGEMENT, LP303,000$3M0.1%2025-Q2 stale
CAPSTONE INVESTMENT ADVISORS, LLC added192,590$3M0.1%2025-Q3 stale
LAZARD ASSET MANAGEMENT LLC added186,700$3M0.1%2025-Q3 stale
SONA ASSET MANAGEMENT (US) LLC200,000$3M0.1%2025-Q4 stale
LOUISBOURG INVESTMENTS INC. added267,100$2M0.1%2025-Q1 stale
UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added229,797$2M0.1%2025-Q2 stale
WELLINGTON MANAGEMENT GROUP LLP225,231$2M0.1%2025-Q2 stale
O'SHAUGHNESSY ASSET MANAGEMENT, LLC trimmed222,215$2M0.1%2025-Q2 stale
PINNBROOK CAPITAL MANAGEMENT LP trimmed172,238$2M0.1%2025-Q3 stale
Heronetta Management, L.P.122,000$2M0.1%2025-Q4 stale
Greenland Capital Management LP added181,126$2M0.1%2025-Q2 stale
Brevan Howard Capital Management LP added142,620$2M0.1%2025-Q3 stale

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

Learn how to read institutional ownership