tricon is a principal investor and asset manager focused on the residential real estate industry in north america with approximately $4.6 billion (c$5.8 billion) of assets under management. tricon owns, or manages on behalf of third-party investors, a portfolio of investments in land and homebuilding assets, single-family rental homes, manufactured housing communities and multi-family development projects. our business objective is to invest for investment income and capital appreciation through our principal investment business and to earn fee income through our private funds and advisory business. since its inception in 1988, tricon has invested in real estate and development projects valued at approximately $19 billion.
Company profile
Ticker
TCN
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Tricon Capital Group Inc.
SEC CIK
Corporate docs
SEC advisor number
801-74415
FINRA CRD number
160558
AUM ?
$229.75 mm
(as of 30 Mar 23)
Accounts
11
(as of 30 Mar 23)
Employees
101
(36 investment advisory or research)
Address
Tricon Residential
7 ST. THOMAS STREET
SUITE 801
TORONTO
A6 M5S 2B7
7 ST. THOMAS STREET
SUITE 801
TORONTO
A6 M5S 2B7
Phone
416-323-2482
TCN stock data
Latest filings (excl ownership)
6-K
Amending Agreement No. 3
11 Apr 24
6-K
Tricon Residential Inc. Receives Final Court Approval for Take Private by Blackstone Real Estate
5 Apr 24
6-K
Tricon Shareholders Approve Proposed Take Private by Blackstone Real Estate
28 Mar 24
6-K
Tricon Residential Releases 2023 Annual Sustainability Report
26 Mar 24
6-K
Current report (foreign)
18 Mar 24
6-K
2023 Annual Report C O N N E C T
27 Feb 24
6-K
Tricon Reports Strong Q4 2023 Results
27 Feb 24
40-F
2023 FY
Annual report (Canada)
27 Feb 24
6-K
Tricon Residential Announces Receipt of Interim Order for Proposed Take Private by Blackstone Real Estate and Provides Details of Special Meeting
16 Feb 24
SC 13E3
Going private transaction
16 Feb 24
Latest ownership filings
SC 13G
T. Rowe Price Investment Management, Inc.
14 Feb 24
SC 13G/A
COHEN & STEERS, INC.
14 Feb 24
SC 13G
1832 Asset Management L.P.
12 Feb 24
SC 13G/A
BANK OF MONTREAL /CAN/
9 Feb 24
SC 13G
NATIONAL BANK OF CANADA /FI/
22 Jan 24
SC 13G
COHEN & STEERS, INC.
14 Feb 23
SC 13G
T. Rowe Price Investment Management, Inc.
14 Feb 23
SC 13G/A
Blackstone Real Estate Income Trust, Inc.
9 Feb 23
SC 13G/A
WELLINGTON MANAGEMENT GROUP LLP
6 Feb 23
SC 13G/A
BANK OF MONTREAL /CAN/
6 Feb 23
Financial summary
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Institutional ownership, Q3 2023
63.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 139 |
Opened positions | 18 |
Closed positions | 20 |
Increased positions | 51 |
Reduced positions | 46 |
13F shares | Current |
---|---|
Total value | 1.15 tn |
Total shares | 189.45 mm |
Total puts | 69.70 k |
Total calls | 303.90 k |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
BSTT Blackstone Real Estate Income Trust | 35.05 mm | $0.00 |
BMO Bank of Montreal | 18.28 mm | $154.62 bn |
T. Rowe Price Investment Management | 18.15 mm | $136.64 bn |
RY Royal Bank Of Canada | 13.16 mm | $97.42 bn |
1832 Asset Management | 12.57 mm | $93.00 bn |
Vanguard | 11.53 mm | $85.33 bn |
Centersquare Investment Management | 10.32 mm | $76.34 bn |
MCQEF Macquarie | 6.67 mm | $49.38 bn |
JHG Janus Henderson | 6.23 mm | $46.33 bn |
Land & Buildings Investment Management | 6.20 mm | $45.87 bn |
News
Tricon Residential Inc. Receives Final Court Approval For Take Private By Blackstone Real Estate, Will Acquire All Of The Outstanding Common Shares Of The Tricon For $11.25 Per Share In Cash
5 Apr 24
Earnings Scheduled For February 27, 2024
27 Feb 24
Wolfe Research Downgrades Tricon Residential to Peer Perform
1 Feb 24
Keefe, Bruyette & Woods Maintains Market Perform on Tricon Residential, Raises Price Target to $11.25-Report Released on 19 January 2024
22 Jan 24
Citigroup Downgrades Tricon Residential to Neutral, Raises Price Target to $11.25
22 Jan 24
Press releases
Canadian Investment Regulatory Organization Trading Halt - TCN
12 Apr 24
Tricon Residential Inc. Receives Final Court Approval for Take Private by Blackstone Real Estate
5 Apr 24
Tricon Residential Releases 2023 Annual Sustainability Report
26 Mar 24
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates CHRD, TCN, SNCE
27 Feb 24
Tricon Reports Strong Q4 2023 Results
27 Feb 24