Teck Resources
TECK
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.
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
35% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 26
3% more funds holding
Funds holding: 218 → 225 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$52.5M |
| 2 |
MAM
Marketfield Asset Management
New York
|
+$50.1M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$44.8M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$40.1M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$25.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$59.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$25M |
| 3 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$24.7M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$16.1M |
| 5 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$14.6M |
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.