Teck Resources
TECK
200 hedge funds and large institutions have $1.1B invested in Teck Resources in 2015 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 65 increasing their positions, 77 reducing their positions, and 36 closing their positions.
1.81% less ownership
Funds ownership: 51.77% → 49.96% (-1.8%)
7% less funds holding
Funds holding: 216 → 200 (-16)
16% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 77
22% less call options, than puts
Call options by funds: $80.4M | Put options by funds: $103M
23% less capital invested
Capital invested by funds: $1.42B → $1.1B (-$320M)
36% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$26.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$25.7M |
| 3 |
Dodge & Cox
San Francisco,
California
|
+$21.7M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$12.9M |
| 5 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$39.8M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$35M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$18.7M |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$15M |
| 5 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$14.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ST
226
Spot Trading
Chicago,
Illinois
| – | -$7.98K | -1,611 | Closed |
|
|
RIA
227
Regal Investment Advisors
Kentwood,
Michigan
| – | -$7K | -1,465 | Closed |
|
228
Acadian Asset Management
Boston,
Massachusetts
| – | -$4K | -900 | Closed |
|
|
JAM
229
JCIC Asset Management
Toronto,
Ontario, Canada
| – | -$3K | -647 | Closed |
|
|
FNYS
230
First New York Securities
New York
| – | -$461 | -96 | Closed |
|
TECK Hedge Fund Activity: Q4 2015 in Review
200 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Teck Resources (TECK) for Q4 2015, worth a combined $1.1B — down 23% from $1.42B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of TECK and 23 opened new positions — a net loss of 13 holders — while 77 trimmed existing stakes and 65 added.
The largest buyer was Letko, Brosseau & Associates, adding an estimated $26.5M. The largest seller was Royal Bank of Canada, cutting an estimated $39.8M.
- 200 institutional investors held Teck Resources (TECK) as of Q4 2015, down from 216 in Q3 2015.
- Funds reported $1.1B of Teck Resources stock for Q4 2015, down 23% quarter-over-quarter.
- 23 funds opened new Teck Resources positions in Q4 2015 and 36 closed out, a net change of -13 holders.
- The largest Teck Resources buyer in Q4 2015 was Letko, Brosseau & Associates, an estimated $26.5M added.
- The largest Teck Resources seller in Q4 2015 was Royal Bank of Canada, an estimated $39.8M sold.
Based on aggregated 13F filings for Q4 2015.