Tricon Residential Inc T.TCN

Canoe Financial LP Sells 1,246,443 Shares

[LWillingdon]

https://www.marketbeat.com/instant-alerts/nyse-tcn-sec-filing-2024-01-23/

Canoe Financial LP cut its holdings in shares of Tricon Residential Inc. (NYSE:TCN - Free Report) by 42.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,717,516 shares of the company's stock after selling 1,246,443 shares during the period. Canoe Financial LP owned about 0.63% of Tricon Residential worth $12,696,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TCN. Kovack Advisors Inc. bought a new position in shares of Tricon Residential in the 2nd quarter valued at $90,000. Centersquare Investment Management LLC increased its holdings in Tricon Residential by 1,031.1% in the second quarter. Centersquare Investment Management LLC now owns 7,059,458 shares of the company's stock valued at $62,194,000 after purchasing an additional 6,435,358 shares during the period. DORCHESTER WEALTH MANAGEMENT Co acquired a new stake in Tricon Residential in the third quarter valued at $1,021,000. Bank of Montreal Can acquired a new stake in Tricon Residential in the second quarter valued at $172,610,000. Finally, Barclays PLC acquired a new stake in Tricon Residential in the second quarter valued at $413,000. 55.83% of the stock is currently owned by institutional investors.