Who owns TRP
Which tracked institutional funds hold TRP, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TRP company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-02). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
193 tracked funds added or opened TRP while 119 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
TRP’s largest tracked holder by dollar value, ROYAL BANK OF CANADA, sizes it at 0.9% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 0.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in TRP 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 2026-Q1 and 2026-Q2, across 658 tracked filers holding TRP, 313 increased or opened the position and 303 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 TRP between the 2026-Q1 and 2026-Q2 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 24
- ONTARIO TEACHERS PENSION PLAN BOARD$274M
- WCM INVESTMENT MANAGEMENT, LLC$189M
- Jupiter Topco LLC$96M
- Blue Sparrow, LLC /DE$87M
- Nykredit A/S$29M
- Alyeska Investment Group, L.P.$15M
Full exits 45
- Amundi$288M
- Beutel, Goodman & Co Ltd.$236M
- JANUS HENDERSON GROUP PLC$95M
- ACADIAN ASSET MANAGEMENT LLC$89M
- CANADA LIFE ASSURANCE Co$76M
- BESSEMER GROUP INC$54M
Largest adds
- GOLDMAN SACHS GROUP INC$397M
- MACKENZIE FINANCIAL CORP$346M
- NORGES BANK$260M
- JANE STREET GROUP, LLC$180M
- Connor, Clark & Lunn Investment Management Ltd.$162M
- FIL Ltd$155M
Largest trims
- BANK OF MONTREAL /CAN/$937M
- TORONTO DOMINION BANK$490M
- ROYAL BANK OF CANADA$314M
- Blackstone Inc.$309M
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND$289M
- TD Asset Management Inc$285M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| ROYAL BANK OF CANADA trimmed | 79,403,845 | $5.3B | 12.2% | 2026-Q2 |
| Capital Research Global Investors trimmed | 43,524,159 | $2.9B | 6.7% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 37,261,213 | $2.5B | 5.7% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 29,943,371 | $2.0B | 4.6% | 2026-Q2 |
| FIL Ltd added | 27,885,160 | $1.8B | 4.3% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 21,169,476 | $1.4B | 3.2% | 2026-Q2 |
| 1832 Asset Management L.P. trimmed | 20,499,907 | $1.4B | 3.1% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD trimmed | 17,356,583 | $1.1B | 2.7% | 2026-Q2 |
| GQG Partners LLC trimmed | 16,736,302 | $1.1B | 2.6% | 2026-Q2 |
| TD Asset Management Inc trimmed | 16,134,910 | $1.1B | 2.5% | 2026-Q2 |
| CIBC WORLD MARKET INC. added | 16,080,835 | $1.1B | 2.5% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 15,821,521 | $1.0B | 2.4% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. added | 14,781,669 | $978M | 2.3% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP trimmed | 12,194,884 | $1.1B | 2.6% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 11,805,911 | $802M | 1.9% | 2026-Q2 |
| TD Waterhouse Canada Inc. added | 10,619,936 | $696M | 1.6% | 2026-Q2 |
| NORGES BANK added | 10,444,457 | $691M | 1.6% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ trimmed | 10,054,565 | $661M | 1.5% | 2026-Q2 |
| Clearbridge Investments, LLC added | 9,428,111 | $625M | 1.4% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO added | 9,230,853 | $611M | 1.4% | 2026-Q2 |
| SCOTIA CAPITAL INC. trimmed | 8,944,435 | $592M | 1.4% | 2026-Q2 |
| CIBC Asset Management Inc trimmed | 8,815,178 | $584M | 1.4% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 8,645,373 | $592M | 1.4% | 2026-Q2 |
| Vanguard Global Advisers, LLC added | 7,990,253 | $529M | 1.2% | 2026-Q2 |
| Legal & General Group Plc trimmed | 7,849,214 | $520M | 1.2% | 2026-Q2 |
| Capital World Investors added | 7,626,368 | $505M | 1.2% | 2026-Q2 |
| Federation des caisses Desjardins du Quebec trimmed | 7,419,209 | $490M | 1.1% | 2026-Q2 |
| TORTOISE CAPITAL ADVISORS, L.L.C. trimmed | 7,294,330 | $484M | 1.1% | 2026-Q2 |
| MORGAN STANLEY trimmed | 6,467,261 | $429M | 1.0% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 5,491,844 | $363M | 0.8% | 2026-Q2 |
| TORONTO DOMINION BANK trimmed | 5,470,863 | $362M | 0.8% | 2026-Q2 |
| AMERICAN CENTURY COMPANIES INC trimmed | 5,430,262 | $360M | 0.8% | 2026-Q2 |
| DODGE & COX trimmed | 5,034,800 | $334M | 0.8% | 2026-Q2 |
| THORNBURG INVESTMENT MANAGEMENT INC added | 4,755,014 | $315M | 0.7% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 4,729,846 | $314M | 0.7% | 2026-Q2 |
| BANK OF NOVA SCOTIA trimmed | 4,512,114 | $299M | 0.7% | 2026-Q2 |
| MUFG SECURITIES (CANADA), LTD. added | 4,473,642 | $296M | 0.7% | 2026-Q2 |
| Caisse de depot et placement du Quebec added | 4,288,745 | $284M | 0.7% | 2026-Q2 |
| ONTARIO TEACHERS PENSION PLAN BOARD added | 4,140,461 | $274M | 0.6% | 2026-Q2 |
| KAYNE ANDERSON CAPITAL ADVISORS LP trimmed | 3,922,519 | $260M | 0.6% | 2026-Q2 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added | 3,614,540 | $239M | 0.6% | 2026-Q2 |
| Capital International Investors trimmed | 3,539,679 | $235M | 0.5% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 3,509,002 | $233M | 0.5% | 2026-Q2 |
| Swiss National Bank trimmed | 3,365,201 | $222M | 0.5% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 3,118,864 | $206M | 0.5% | 2026-Q2 |
| FEDERATED HERMES, INC. added | 2,851,043 | $189M | 0.4% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 2,816,487 | $187M | 0.4% | 2026-Q2 |
| BlackRock, Inc. added | 2,793,500 | $185M | 0.4% | 2026-Q2 |
| WCM INVESTMENT MANAGEMENT, LLC new | 2,759,365 | $189M | 0.4% | 2026-Q2 |
| Alberta Investment Management Corp trimmed | 2,639,307 | $175M | 0.4% | 2026-Q2 |
| Cardinal Capital Management, Inc. added | 2,553,583 | $169M | 0.4% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 2,195,595 | $145M | 0.3% | 2026-Q2 |
| PICTON MAHONEY ASSET MANAGEMENT added | 2,150,666 | $142M | 0.3% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 1,993,589 | $132M | 0.3% | 2026-Q2 |
| WESTWOOD HOLDINGS GROUP INC trimmed | 1,986,927 | $132M | 0.3% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 1,964,802 | $130M | 0.3% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 1,958,365 | $129M | 0.3% | 2026-Q2 |
| Invesco Ltd. added | 1,898,729 | $126M | 0.3% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,878,251 | $124M | 0.3% | 2026-Q2 |
| Nuveen, LLC added | 1,824,745 | $121M | 0.3% | 2026-Q2 |
| NORTHERN TRUST CORP added | 1,802,736 | $120M | 0.3% | 2026-Q2 |
| FRANKLIN RESOURCES INC trimmed | 1,766,557 | $117M | 0.3% | 2026-Q2 |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO trimmed | 1,547,057 | $103M | 0.2% | 2026-Q2 |
| Russell Investments Group, Ltd. trimmed | 1,475,402 | $98M | 0.2% | 2026-Q2 |
| UBS Group AG added | 1,474,215 | $98M | 0.2% | 2026-Q2 |
| Jupiter Topco LLC new | 1,446,296 | $96M | 0.2% | 2026-Q2 |
| Brookfield Corp /ON/ trimmed | 1,443,880 | $96M | 0.2% | 2026-Q2 |
| Blackstone Inc. trimmed | 1,395,552 | $93M | 0.2% | 2026-Q2 |
| AGF MANAGEMENT LTD added | 1,362,629 | $109M | 0.3% | 2026-Q2 |
| Blue Sparrow, LLC /DE new | 1,310,000 | $87M | 0.2% | 2026-Q2 |
| MILLER HOWARD INVESTMENTS INC /NY trimmed | 1,270,274 | $84M | 0.2% | 2026-Q2 |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT trimmed | 1,245,800 | $83M | 0.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 1,245,317 | $83M | 0.2% | 2026-Q2 |
| Maryland State Retirement & Pension System trimmed | 1,244,456 | $82M | 0.2% | 2026-Q2 |
| Public Sector Pension Investment Board added | 1,097,794 | $73M | 0.2% | 2026-Q2 |
| State of Tennessee, Department of Treasury added | 1,046,144 | $69M | 0.2% | 2026-Q2 |
| Vanguard Investments Australia, Ltd. added | 1,037,910 | $69M | 0.2% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 989,000 | $65M | 0.2% | 2026-Q2 |
| Bank of New York Mellon Corp added | 973,124 | $65M | 0.1% | 2026-Q2 |
| LPL Financial LLC added | 963,177 | $64M | 0.1% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 939,204 | $62M | 0.1% | 2026-Q2 |
| EXCHANGE TRADED CONCEPTS, LLC trimmed | 938,678 | $62M | 0.1% | 2026-Q2 |
| AVIVA PLC added | 910,174 | $60M | 0.1% | 2026-Q2 |
| D. E. Shaw & Co., Inc. added | 898,093 | $59M | 0.1% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 850,625 | $56M | 0.1% | 2026-Q2 |
| OMERS ADMINISTRATION Corp trimmed | 849,933 | $56M | 0.1% | 2026-Q2 |
| Addenda Capital Inc. trimmed | 848,757 | $80M | 0.2% | 2026-Q2 |
| BARCLAYS PLC trimmed | 847,242 | $56M | 0.1% | 2026-Q2 |
| BANK OF NOVA SCOTIA TRUST CO trimmed | 819,804 | $54M | 0.1% | 2026-Q2 |
| NEOS Investment Management LLC added | 776,001 | $51M | 0.1% | 2026-Q2 |
| Vontobel Holding Ltd. trimmed | 762,754 | $50M | 0.1% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 727,629 | $48M | 0.1% | 2026-Q2 |
| M&G PLC trimmed | 680,856 | $45M | 0.1% | 2026-Q2 |
| Fractal Investments LLC added | 670,000 | $44M | 0.1% | 2026-Q2 |
| Scheer, Rowlett & Associates Investment Management Ltd. trimmed | 641,071 | $42M | 0.1% | 2026-Q2 |
| VAN ECK ASSOCIATES CORP added | 636,863 | $42M | 0.1% | 2026-Q2 |
| Energy Income Partners, LLC trimmed | 628,663 | $42M | 0.1% | 2026-Q2 |
| Allianz Asset Management GmbH added | 618,758 | $41M | 0.1% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC added | 600,670 | $40M | 0.1% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 523,931 | $49M | 0.1% | 2026-Q2 |
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.
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.