Who owns TU (TU)
Which tracked institutional funds hold TU, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TU company fundamentals →
Ownership as of the 2026-Q1 13F filings. 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
58 tracked funds added or opened TU while 74 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
TU’s largest tracked holder by dollar value, ROYAL BANK OF CANADA, sizes it at 0.3% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.2pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in TU 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 288 tracked filers holding TU, 147 increased or opened the position and 143 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 TU 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 13
- VANGUARD CAPITAL MANAGEMENT LLC$188M
- Vanguard Global Advisers, LLC$139M
- VANGUARD FIDUCIARY TRUST CO$58M
- Alberta Investment Management Corp$19M
- HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND$14M
- VANGUARD ASSET MANAGEMENT, Ltd$9M
Full exits 15
- VANGUARD GROUP INC$377M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$13M
- FORSTA AP-FONDEN$7M
- Anson Funds Management LP$5M
- TWO SIGMA ADVISERS, LP$4M
- Fulcrum Asset Management LLP$4M
Largest adds
- TD Waterhouse Canada Inc.$142M
- Federation des caisses Desjardins du Quebec$140M
- MORGAN STANLEY$67M
- CIBC WORLD MARKET INC.$56M
- DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main$53M
- TWO SIGMA INVESTMENTS, LP$52M
Largest trims
- ROYAL BANK OF CANADA$285M
- GOLDMAN SACHS GROUP INC$179M
- 1832 Asset Management L.P.$116M
- BANK OF AMERICA CORP /DE/$52M
- FIL Ltd$48M
- BANK OF MONTREAL /CAN/$46M
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).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| ROYAL BANK OF CANADA trimmed | 104,099,248 | $1.3B | 13.8% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ trimmed | 59,901,624 | $770M | 8.0% | 2026-Q1 |
| CIBC WORLD MARKET INC. added | 48,654,761 | $625M | 6.5% | 2026-Q1 |
| TD Asset Management Inc added | 37,471,452 | $480M | 5.0% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP added | 33,641,206 | $432M | 4.5% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec added | 30,855,887 | $395M | 4.1% | 2026-Q1 |
| FIL Ltd trimmed | 27,302,554 | $351M | 3.6% | 2026-Q1 |
| 1832 Asset Management L.P. trimmed | 24,824,378 | $318M | 3.3% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 24,075,122 | $309M | 3.2% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ added | 23,930,150 | $307M | 3.2% | 2026-Q1 |
| BANK OF NOVA SCOTIA added | 21,108,090 | $271M | 2.8% | 2026-Q1 |
| TD Waterhouse Canada Inc. added | 20,435,502 | $264M | 2.7% | 2026-Q1 |
| SCOTIA CAPITAL INC. added | 16,940,624 | $217M | 2.3% | 2026-Q1 |
| Fiera Capital Corp trimmed | 16,258,624 | $209M | 2.2% | 2026-Q1 |
| CIBC Asset Management Inc trimmed | 15,614,030 | $200M | 2.1% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 14,656,339 | $188M | 1.9% | 2026-Q1 |
| MORGAN STANLEY added | 13,824,621 | $177M | 1.8% | 2026-Q1 |
| Invesco Ltd. trimmed | 11,310,764 | $145M | 1.5% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 10,810,213 | $139M | 1.4% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 9,844,098 | $126M | 1.3% | 2026-Q1 |
| SIG North Trading, ULC added | 8,639,446 | $111M | 1.1% | 2026-Q1 |
| LETKO, BROSSEAU & ASSOCIATES INC added | 7,440,412 | $95M | 1.0% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 6,316,976 | $89M | 0.9% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 6,463,408 | $83M | 0.9% | 2026-Q1 |
| JANUS HENDERSON GROUP PLC | 6,470,019 | $83M | 0.9% | 2026-Q1 |
| TORONTO DOMINION BANK trimmed | 6,310,462 | $81M | 0.8% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 5,891,648 | $76M | 0.8% | 2026-Q1 |
| NORGES BANK trimmed | 5,173,056 | $74M | 0.8% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 5,455,977 | $70M | 0.7% | 2026-Q1 |
| Clearbridge Investments, LLC trimmed | 5,166,496 | $66M | 0.7% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 4,537,406 | $58M | 0.6% | 2026-Q1 |
| UBS Group AG trimmed | 4,511,790 | $58M | 0.6% | 2026-Q1 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added | 4,458,121 | $57M | 0.6% | 2026-Q1 |
| INTACT INVESTMENT MANAGEMENT INC. added | 4,133,462 | $53M | 0.5% | 2026-Q1 |
| BARCLAYS PLC added | 4,095,530 | $53M | 0.5% | 2026-Q1 |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO | 2,666,500 | $48M | 0.5% | 2026-Q1 |
| Scheer, Rowlett & Associates Investment Management Ltd. trimmed | 3,224,096 | $41M | 0.4% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 2,657,835 | $34M | 0.4% | 2026-Q1 |
| FEDERATED HERMES, INC. added | 2,610,022 | $33M | 0.3% | 2026-Q1 |
| BANK OF NOVA SCOTIA TRUST CO added | 2,363,948 | $30M | 0.3% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 2,265,739 | $29M | 0.3% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,249,192 | $29M | 0.3% | 2026-Q1 |
| MUFG SECURITIES (CANADA), LTD. trimmed | 2,145,630 | $28M | 0.3% | 2026-Q1 |
| LINCLUDEN MANAGEMENT LTD added | 2,103,236 | $27M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 2,117,484 | $27M | 0.3% | 2026-Q1 |
| Purpose Unlimited Inc. added | 2,057,912 | $26M | 0.3% | 2026-Q1 |
| BlackRock, Inc. trimmed | 2,042,102 | $26M | 0.3% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 1,854,438 | $24M | 0.2% | 2026-Q1 |
| Swiss National Bank added | 1,722,165 | $22M | 0.2% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD trimmed | 1,601,374 | $21M | 0.2% | 2026-Q1 |
| Amundi added | 1,563,278 | $20M | 0.2% | 2026-Q1 |
| Alberta Investment Management Corp added | 1,470,332 | $19M | 0.2% | 2026-Q1 |
| Public Sector Pension Investment Board added | 1,450,316 | $19M | 0.2% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 1,349,268 | $17M | 0.2% | 2026-Q1 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added | 1,313,120 | $17M | 0.2% | 2026-Q1 |
| NICOLA WEALTH MANAGEMENT LTD. | 1,223,219 | $16M | 0.2% | 2026-Q1 |
| Heathbridge Capital Management Ltd. trimmed | 1,155,900 | $15M | 0.2% | 2026-Q1 |
| NATIXIS trimmed | 1,095,639 | $14M | 0.1% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 1,073,616 | $14M | 0.1% | 2026-Q1 |
| Harvest Portfolios Group Inc. added | 1,052,611 | $14M | 0.1% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 932,877 | $12M | 0.1% | 2026-Q1 |
| State of Tennessee, Department of Treasury | 791,594 | $10M | 0.1% | 2026-Q1 |
| Northwest & Ethical Investments L.P. added | 753,234 | $10M | 0.1% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 685,026 | $9M | 0.1% | 2026-Q1 |
| FMR LLC trimmed | 665,575 | $9M | 0.1% | 2026-Q1 |
| APG Asset Management N.V. trimmed | 756,139 | $8M | 0.1% | 2026-Q1 |
| NORTHERN TRUST CORP added | 617,238 | $8M | 0.1% | 2026-Q1 |
| CITIGROUP INC trimmed | 614,122 | $8M | 0.1% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 497,486 | $6M | 0.1% | 2026-Q1 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. added | 493,773 | $6M | 0.1% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 493,625 | $6M | 0.1% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 492,041 | $6M | 0.1% | 2026-Q1 |
| Vest Financial, LLC added | 458,052 | $6M | 0.1% | 2026-Q1 |
| Quantbot Technologies LP added | 434,329 | $6M | 0.1% | 2026-Q1 |
| AVIVA PLC added | 425,740 | $5M | 0.1% | 2026-Q1 |
| DekaBank Deutsche Girozentrale | 403,081 | $5M | 0.1% | 2026-Q1 |
| Man Group plc trimmed | 401,839 | $5M | 0.1% | 2026-Q1 |
| Guardian Partners Inc. trimmed | 396,789 | $5M | 0.1% | 2026-Q1 |
| Nuveen, LLC | 391,380 | $5M | 0.1% | 2026-Q1 |
| CANADA LIFE ASSURANCE Co trimmed | 386,739 | $5M | 0.1% | 2026-Q1 |
| Lorne Steinberg Wealth Management Inc. added | 383,388 | $5M | 0.1% | 2026-Q1 |
| GABELLI FUNDS LLC | 377,000 | $5M | 0.1% | 2026-Q1 |
| LPL Financial LLC added | 368,114 | $5M | 0.0% | 2026-Q1 |
| Quantinno Capital Management LP added | 360,212 | $5M | 0.0% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 355,608 | $5M | 0.0% | 2026-Q1 |
| VANGUARD GROUP INC added | 28,613,610 | $377M | 3.9% | 2025-Q4 stale |
| PICTON MAHONEY ASSET MANAGEMENT trimmed | 2,893,312 | $46M | 0.5% | 2025-Q3 stale |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 995,679 | $13M | 0.1% | 2025-Q4 stale |
| Galibier Capital Management Ltd. trimmed | 786,678 | $12M | 0.1% | 2025-Q3 stale |
| JARISLOWSKY, FRASER Ltd trimmed | 645,207 | $10M | 0.1% | 2025-Q3 stale |
| Forge First Asset Management Inc. new | 622,200 | $9M | 0.1% | 2025-Q1 stale |
| AEGON ASSET MANAGEMENT UK Plc trimmed | 489,791 | $8M | 0.1% | 2025-Q3 stale |
| MONTRUSCO BOLTON INVESTMENTS INC. trimmed | 475,273 | $7M | 0.1% | 2025-Q3 stale |
| FORSTA AP-FONDEN added | 508,200 | $7M | 0.1% | 2025-Q4 stale |
| Waratah Capital Advisors Ltd. trimmed | 396,669 | $6M | 0.1% | 2025-Q3 stale |
| Anson Funds Management LP added | 400,000 | $5M | 0.1% | 2025-Q4 stale |
| MACQUARIE GROUP LTD new | 213,705 | $5M | 0.0% | 2025-Q2 stale |
| TWO SIGMA ADVISERS, LP added | 341,153 | $4M | 0.0% | 2025-Q4 stale |
| Fulcrum Asset Management LLP new | 40,754 | $4M | 0.0% | 2025-Q4 stale |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 244,803 | $4M | 0.0% | 2025-Q2 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.
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.