Teck Resources
TECK
257 hedge funds and large institutions have $4.77B invested in Teck Resources in 2021 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 97 increasing their positions, 87 reducing their positions, and 38 closing their positions.
33% more call options, than puts
Call options by funds: $211M | Put options by funds: $159M
11% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 87
8% more capital invested
Capital invested by funds: $4.42B → $4.77B (+$352M)
1.01% more ownership
Funds ownership: 46.25% → 47.26% (+1%)
0% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 38
2% less funds holding
Funds holding: 261 → 257 (-4)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$154M |
| 2 |
AP
Antipodes Partners
Royal Exchange,
Australia
|
+$113M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$112M |
| 4 |
Citigroup
New York
|
+$42.7M |
| 5 |
LCM
Laurion Capital Management
New York
|
+$28.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$152M |
| 2 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$70.4M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$56.1M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$45.2M |
| 5 |
KSCM
Key Square Capital Management
Stamford,
Connecticut
|
-$41.5M |
TECK Hedge Fund Activity: Q1 2021 in Review
257 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Teck Resources (TECK) for Q1 2021, worth a combined $4.77B — up 8% from $4.42B a quarter earlier.
Fund positioning in TECK was balanced in Q1 2021: 38 funds opened new positions, 38 closed out, 97 added to existing stakes and 87 trimmed.
The largest buyer was Iridian Asset Management, opening a new position worth an estimated $154M. The largest seller was Beutel, Goodman & Co, cutting an estimated $152M.
- 257 institutional investors held Teck Resources (TECK) as of Q1 2021, down from 261 in Q4 2020.
- Funds reported $4.77B of Teck Resources stock for Q1 2021, up 8% quarter-over-quarter.
- 38 funds opened new Teck Resources positions in Q1 2021 and 38 closed out, a net change of 0 holders.
- The largest Teck Resources buyer in Q1 2021 was Iridian Asset Management, an estimated $154M added.
- The largest Teck Resources seller in Q1 2021 was Beutel, Goodman & Co, an estimated $152M sold.
Based on aggregated 13F filings for Q1 2021.