SIR Capital Management significantly reduced its investment in TC Energy Corp. (TRP), cutting its share position by 68.15%, according to its latest quarterly ownership filing. The firm sold over 210,000 shares, reducing its holding from 308,500 to 98,260. This sale decreased the reported value of SIR Capital's stake in the pipeline operator from $19.31 million to $6.51 million.
This ownership data, filed on August 14, 2026, reflects trading activity that occurred during the second quarter, which ended June 30, 2026. The sale took place during a quarter where TC Energy reported strong financial results, beating earnings estimates and raising its full-year guidance. The sizable reduction lowered TC Energy's weight in SIR Capital's reported portfolio from 1.80% to 0.75%.