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Teck Resources

225 hedge funds and large institutions have $5.83B invested in Teck Resources in 2013 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 76 increasing their positions, 85 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 69 (+3)

35% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 26

3% more funds holding

Funds holding: 218225 (+7)

0.33% more ownership

Funds ownership: 39%39.33% (+0.33%)

2% less capital invested

Capital invested by funds: $5.93B → $5.83B (-$102M)

11% less repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 85

26% less call options, than puts

Call options by funds: $72.2M | Put options by funds: $97.1M

Holders
225
Holders Change
+7
Holders Change %
+3.21%
% of All Funds
6.53%
Holding in Top 10
9
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+50%
% of All Funds
0.26%
New
35
Increased
76
Reduced
85
Closed
26
Calls
$72.2M
Puts
$97.1M
Net Calls
-$24.9M
Net Calls Change
-$61.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Legal & General Group
26
Legal & General Group
United Kingdom
$56.4M +$1.43M +55,327 +3%
Norges Bank
27
Norges Bank
Norway
$54.3M -$2.76M -107,006 -5%
Bank of Nova Scotia
28
Bank of Nova Scotia
Ontario, Canada
$53.5M +$2.56M +99,200 +5%
IGIM
29
I.G. Investment Management
Manitoba, Canada
$51.9M -$9.32M -360,900 -15%
Bank of New York Mellon
30
Bank of New York Mellon
New York
$48.7M +$83.3K +3,224 +0.2%
Public Sector Pension Investment Board (PSP Investments)
31
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$48.4M -$5.05M -195,500 -10%
Swiss National Bank
32
Swiss National Bank
Switzerland
$47.5M -$762K -29,500 -2%
JP Morgan Chase
33
JP Morgan Chase
New York
$46.4M +$863K +33,397 +2%
NAMA
34
Nikko Asset Management Americas
New York
$45.4M +$1.5M +57,987 +3%
RFC
35
Russell Frank Company
Washington
$44.7M +$183K +7,096 +0.4%
IIM
36
Intact Investment Management
Quebec, Canada
$43.6M -$1.35M -52,300 -3%
MF
37
Magnetar Financial
Illinois
$43.2M +$25.2M +976,075 +143%
Connor, Clark & Lunn Investment Management (CC&L)
38
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$41.9M +$7.28M +281,775 +23%
Sumitomo Mitsui Trust Group
39
Sumitomo Mitsui Trust Group
Japan
$41.1M +$478K +18,513 +1%
SC
40
Scotia Capital
Ontario, Canada
$39.2M +$3.33M +128,822 +9%
FRM
41
Foundation Resource Management
Arkansas
$35.9M +$192K +7,446 +0.5%
1832 Asset Management
42
1832 Asset Management
Ontario, Canada
$35.2M -$10.2M -393,399 -23%
Allianz Asset Management
43
Allianz Asset Management
Germany
$35.2M -$2.36M -91,470 -6%
Franklin Resources
44
Franklin Resources
California
$29.9M +$1.91M +74,050 +7%
BG
45
BlackRock Group
United Kingdom
$25.8M +$11.5M +445,933 +82%
Goldman Sachs
46
Goldman Sachs
New York
$25.7M -$10.2M -393,145 -28%
CS
47
Credit Suisse
Switzerland
$24.8M +$24.6M +954,221 New
PIC
48
PCJ Investment Counsel
Ontario, Canada
$23.8M +$1.36M +52,580 +6%
APG Asset Management
49
APG Asset Management
Netherlands
$23.8M
Canada Pension Plan Investment Board
50
Canada Pension Plan Investment Board
Ontario, Canada
$23M -$16.1M -622,200 -41%

TECK Hedge Fund Activity: Q4 2013 in Review

225 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Teck Resources (TECK) for Q4 2013, worth a combined $5.83B — down 1.7% from $5.93B a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new TECK positions and 26 closed out — a net gain of 9 holders — while 76 added to existing stakes and 85 trimmed.

The largest buyer was Letko, Brosseau & Associates, adding an estimated $52.5M. The largest seller was Hexavest, cutting an estimated $59.3M.

  • 225 institutional investors held Teck Resources (TECK) as of Q4 2013, up from 218 in Q3 2013.
  • Funds reported $5.83B of Teck Resources stock for Q4 2013, down 1.7% quarter-over-quarter.
  • 35 funds opened new Teck Resources positions in Q4 2013 and 26 closed out, a net change of +9 holders.
  • The largest Teck Resources buyer in Q4 2013 was Letko, Brosseau & Associates, an estimated $52.5M added.
  • The largest Teck Resources seller in Q4 2013 was Hexavest, an estimated $59.3M sold.

Based on aggregated 13F filings for Q4 2013.