Teck Resources
TECK
229 hedge funds and large institutions have $5.12B invested in Teck Resources in 2014 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 90 increasing their positions, 78 reducing their positions, and 26 closing their positions.
19% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 26
15% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 78
2.06% more ownership
Funds ownership: 39.33% → 41.39% (+2.1%)
2% more funds holding
Funds holding: 225 → 229 (+4)
12% less capital invested
Capital invested by funds: $5.83B → $5.12B (-$715M)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
45% less call options, than puts
Call options by funds: $50.9M | Put options by funds: $92.6M
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
Lazard Asset Management
New York
| – | -$10K | -399 | Closed |
|
252
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -163 | Closed |
|
|
BPBT
253
Boston Private Bank & Trust
Boston,
Massachusetts
| – | -$3K | -110 | Closed |
|
254
Envestnet Asset Management
Chicago,
Illinois
| – | -$2K | -93 | Closed |
|
255
Parallax Volatility Advisers
San Francisco,
California
| – | -$1.35K | -58 | Closed |
|
|
FHA
256
First Horizon Advisors
Memphis,
Tennessee
| – | +$348 | +15 | New |
|
TECK Hedge Fund Activity: Q1 2014 in Review
229 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Teck Resources (TECK) for Q1 2014, worth a combined $5.12B — down 12% from $5.83B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new TECK positions and 26 closed out — a net gain of 5 holders — while 90 added to existing stakes and 78 trimmed.
The largest buyer was BlackRock Advisors, adding an estimated $125M. The largest seller was Greystone Managed Investments, exiting entirely with an estimated $79.1M sold.
- 229 institutional investors held Teck Resources (TECK) as of Q1 2014, up from 225 in Q4 2013.
- Funds reported $5.12B of Teck Resources stock for Q1 2014, down 12% quarter-over-quarter.
- 31 funds opened new Teck Resources positions in Q1 2014 and 26 closed out, a net change of +5 holders.
- The largest Teck Resources buyer in Q1 2014 was BlackRock Advisors, an estimated $125M added.
- The largest Teck Resources seller in Q1 2014 was Greystone Managed Investments, an estimated $79.1M sold.
Based on aggregated 13F filings for Q1 2014.