TC Energy Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of TCAN.F?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	44,926	0.00433%
Individual Insiders	720,644	0.0695%
General Public	173,832,352	16.8%
Institutions	862,889,907	83.2%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.5%.

Top Shareholders

Top 25 shareholders own 61.36% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
12.9%	Capital Research and Management Company	133,479,116	US$5.2b	20.2%	0.28%
5.85%	BMO Asset Management Corp.	60,706,660	US$2.4b	44.5%	1.07%
3.82%	The Vanguard Group, Inc.	39,625,940	US$1.5b	3.51%	0.03%
3.73%	RBC Dominion Securities Inc., Asset Management Arm	38,749,236	US$1.5b	-1.33%	1.82%
3.09%	Royal Bank of Canada, Banking & Securities Investments	32,107,071	US$1.3b	-13.9%	0.8%
2.67%	Toronto-Dominion Bank, Banking Investments	27,667,699	US$1.1b	10.1%	1.68%
2.46%	The Bank of Nova Scotia, Banking Investments	25,482,668	US$992.4m	-8.08%	2.47%
2.38%	RBC Global Asset Management Inc.	24,731,749	US$963.2m	3.79%	0.64%
2.38%	Canadian Imperial Bank of Commerce, Asset Management Arm	24,726,209	US$963.0m	30.4%	2.91%
2.37%	Canada Pension Plan Investment Board	24,574,983	US$957.1m	18%	1.02%
1.93%	National Bank Investments Inc.	19,993,928	US$778.7m	68.2%	1.14%
1.69%	Mackenzie Financial Corporation	17,506,794	US$681.8m	-9.61%	0.76%
1.59%	Healthcare of Ontario Pension Plan	16,540,018	US$644.2m	70.5%	2.71%
1.58%	Scotia Asset Management L.P.	16,420,391	US$639.5m	2.31%	0.93%
1.36%	Merrill Lynch & Co. Inc., Banking Investments	14,159,773	US$551.5m	30%	0.23%
1.33%	Dws Investment Gmbh	13,756,768	US$535.8m	0%	0.35%
1.32%	Beutel Goodman & Company Ltd.	13,721,055	US$534.4m	0.86%	2.56%
1.31%	Jarislowsky, Fraser Limited	13,604,261	US$529.8m	0.12%	2.75%
1.23%	Norges Bank Investment Management	12,780,812	US$497.8m	0%	0.05%
1.17%	Fidelity International Ltd	12,178,257	US$474.3m	6.77%	0.21%
1.17%	Dodge & Cox	12,122,400	US$472.1m	0%	0.23%
1.12%	TD Asset Management, Inc.	11,587,076	US$451.3m	-15.3%	0.4%
1.07%	Deutsche Asset & Wealth Management	11,077,750	US$431.4m	-18.9%	0.27%
0.94%	Legal & General Investment Management Limited	9,725,714	US$378.8m	3.5%	0.1%
0.92%	CIBC Asset Management Inc.	9,567,604	US$372.6m	24.8%	0.84%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/01/26 14:52
End of Day Share Price	2023/10/30 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

TC Energy Corporation is covered by 44 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Harshit Gupta	Accountability Research Corporation
Nathan Heywood	ATB Capital Markets
Christine Cho	Barclays