Teck Resources
TECK
275 hedge funds and large institutions have $6.62B invested in Teck Resources in 2017 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 99 increasing their positions, 99 reducing their positions, and 28 closing their positions.
46% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 28
40% more capital invested
Capital invested by funds: $4.73B → $6.62B (+$1.9B)
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
16% more call options, than puts
Call options by funds: $293M | Put options by funds: $253M
7.72% more ownership
Funds ownership: 47.5% → 55.22% (+7.7%)
3% more funds holding
Funds holding: 266 → 275 (+9)
0% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 99
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$723M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$130M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$49M |
| 4 |
SCM
Steadfast Capital Management
New York
|
+$48.8M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$138M |
| 2 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$69.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$49.2M |
| 4 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$37.1M |
| 5 |
PAS
Point72 Asia (Singapore)
Singapore
|
-$33.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Bessemer Group
Woodbridge,
New Jersey
| – | -$1.31K | -60 | -81% |
|
|
WAM
302
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$1.04K | -48 | -75% |
|
303
AssetMark Inc
Concord,
California
| – | +$261 | +12 | New |
|
TECK Hedge Fund Activity: Q3 2017 in Review
275 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Teck Resources (TECK) for Q3 2017, worth a combined $6.62B — up 40% from $4.73B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new TECK positions and 28 closed out — a net gain of 13 holders — while 99 added to existing stakes and 99 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $723M. The largest seller was Toronto Dominion Bank, cutting an estimated $138M.
- 275 institutional investors held Teck Resources (TECK) as of Q3 2017, up from 266 in Q2 2017.
- Funds reported $6.62B of Teck Resources stock for Q3 2017, up 40% quarter-over-quarter.
- 41 funds opened new Teck Resources positions in Q3 2017 and 28 closed out, a net change of +13 holders.
- The largest Teck Resources buyer in Q3 2017 was Capital Research Global Investors, an estimated $723M added.
- The largest Teck Resources seller in Q3 2017 was Toronto Dominion Bank, an estimated $138M sold.
Based on aggregated 13F filings for Q3 2017.