TC Energy Corporation (TRP) Ownership

NYSE: TRPTop holders, insider trades and short interest.

TRP ownership summary

as of October 18, 2026
Institutions
72.0%
of shares outstanding
Insiders
0.05%
of shares outstanding
Shares outstanding
1.04B
Float
998.4M
shares available to trade
Short interest
1.30%
56.8M shares short
Days to cover
17.66
short interest up 126.0% vs prior month
  • Institutions 71.95%
  • Insiders 0.05%
  • Other investors 28.00%

TRP top institutional holders

20 largest
TC Energy Corporation top institutional holders
#Holder% of sharesSharesValueChangeReported
1Royal Bank of Canada7.62%79.4M$4.90B−9.7M (−10.9%)June 30, 2026
2Capital Research Global Investors4.18%43.5M$2.69B−1.3M (−3.0%)June 30, 2026
3Bank of Montreal3.58%37.3M$2.30B−17.1M (−31.4%)June 30, 2026
4BMO Capital Markets Corp.3.58%37.3M$2.30B−17.1M (−31.4%)June 30, 2026
5Vanguard Capital Management, LLC2.87%29.9M$1.85B+441,156 (+1.5%)June 30, 2026
6Fidelity International Ltd2.68%27.9M$1.72B+877,310 (+3.2%)June 30, 2026
7The Goldman Sachs Group Inc2.03%21.2M$1.31B+5.1M (+31.7%)June 30, 2026
81832 Asset Management L.P1.97%20.5M$1.27B−1.5M (−7.0%)June 30, 2026
9Canada Pension Plan Investment Board1.67%17.4M$1.07B−162,866 (−0.9%)June 30, 2026
10GQG Partners LLC1.61%16.7M$1.03B−210,268 (−1.2%)June 30, 2026
11TD Asset Management Inc1.55%16.1M$996.2M−5.5M (−25.6%)June 30, 2026
12CIBC World Markets Inc.1.54%16.1M$992.8M+782,243 (+5.1%)June 30, 2026
13Deutsche Bank AG1.52%15.8M$976.8M+196,543 (+1.3%)June 30, 2026
14Connor Clark & Lunn Inv Mgmt Ltd1.42%14.8M$912.6M+1.7M (+13.2%)June 30, 2026
15Mackenzie Investments1.17%12.2M$752.9M−579,948 (−4.5%)June 30, 2026
16Geode Capital Management, LLC1.13%11.8M$728.9M+1.4M (+13.5%)June 30, 2026
17TD Waterhouse Canada Inc1.02%10.6M$655.7M+312,027 (+3.0%)June 30, 2026
18NORGES BANK1.00%10.4M$644.8M−156,037 (−1.5%)June 30, 2026
19NATIONAL BANK OF CANADA /FI/0.97%10.1M$620.8M−280,526 (−2.7%)June 30, 2026
20ClearBridge Advisors, LLC0.91%9.4M$582.1M+482,977 (+5.4%)June 30, 2026

Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 9 holders added 11.3M shares and 11 cut 53.6M.

TRP top mutual fund and ETF holders

20 largest
TC Energy Corporation top fund holders
#Holder% of sharesSharesValueChangeReported
1American Funds American Mutual A1.47%15.3M$947.2M—September 30, 2026
2Vanguard Total Intl Stock Index Inv1.47%15.3M$946.8M+7,704 (+0.1%)August 31, 2026
3Vanguard Developed Markets Index Admiral0.98%10.2M$628.0M−34,483 (−0.3%)September 30, 2026
4RBC Canadian Dividend Fund A0.84%8.7M$537.6M—June 30, 2026
5Goldman Sachs GQG Ptnrs Intl Opps Instl0.82%8.6M$529.3M—June 30, 2026
6American Funds Invmt Co of Amer A0.71%7.4M$458.0M—September 30, 2026
7iShares Core S&P/TSX Cap Composite ETF0.69%7.2M$445.9M−41,958 (−0.6%)September 30, 2026
8WCM Focused International Growth Instl0.66%6.9M$426.2M+1.0M (+17.6%)September 30, 2026
9Capital Group Dividend Value ETF0.59%6.2M$380.5M+6,280 (+0.1%)September 30, 2026
10iShares S&P/TSX 60 ETF0.57%6.0M$369.7M+155,610 (+2.7%)September 30, 2026
11Fidelity SAI Canada Equity Index0.53%5.5M$341.6M+149,668 (+2.8%)August 31, 2026
12Global X MLP & Energy Infrastructure ETF0.51%5.3M$325.3M−4,336 (−0.1%)September 30, 2026
13American Funds Washington Mutual A0.47%4.9M$299.7M−1.6M (−24.6%)September 30, 2026
14Dodge & Cox International Stock I0.47%4.8M$299.4M−3.7M (−43.4%)June 30, 2026
15Scotia Canadian Dividend A0.44%4.6M$284.7M−88,300 (−1.9%)June 30, 2026
16Thornburg Investment Income Builder A0.44%4.5M$280.9M—August 31, 2026
17Fidelity Canadian Disciplined Eq B0.43%4.5M$276.1M−58,323 (−1.3%)June 30, 2026
18TD Dividend Growth - I0.43%4.5M$275.0M—June 30, 2026
19American Funds IS® Growth-Income 10.41%4.2M$261.1M—September 30, 2026
20Federated Hermes Strategic Value Div IS0.40%4.2M$256.6M—June 30, 2026

Funds report holdings monthly or quarterly; dates differ by fund.

TRP shares outstanding

Shares outstanding

Year-end shares outstanding, adjusted for splits.

Who owns TRP

Institutional investors own 72.0% of TC Energy's shares and insiders 0.05%. The largest holder is Royal Bank of Canada with 7.62% of the shares (79.4M), as of June 30, 2026. Among the top 20 institutions, 9 added shares and 11 reduced their stake in the latest filings. Short interest is 1.30% of the float, or 17.66 days of average trading volume. The share count rose 46.6% since 2014.

Related: TRP analyst forecast, TRP key metrics, TRP dividend history. See the TRP stock overview for the latest quote and news.

TRP ownership FAQ

Who owns the most TC Energy stock?

The largest shareholders of TC Energy are Royal Bank of Canada (7.62%), Capital Research Global Investors (4.18%), Bank of Montreal (3.58%), BMO Capital Markets Corp. (3.58%), Vanguard Capital Management, LLC (2.87%).

What percentage of TC Energy is owned by institutions?

Institutions hold 72.0% of TC Energy's shares outstanding; insiders hold 0.05%.

Which funds own TC Energy?

The largest fund holders of TC Energy are American Funds American Mutual A (1.47%), Vanguard Total Intl Stock Index Inv (1.47%), Vanguard Developed Markets Index Admiral (0.98%), RBC Canadian Dividend Fund A (0.84%), Goldman Sachs GQG Ptnrs Intl Opps Instl (0.82%).

What is TC Energy's short interest?

56.8M shares of TC Energy were sold short, 1.30% of the float; at the average daily volume it would take 17.66 days to cover.

How many shares of TC Energy are outstanding?

TC Energy has 1.04B shares outstanding, of which 998.4M are in the public float.

Oil & Gas Midstream: ownership