Teck Resources
TECK
490 hedge funds and large institutions have $13.9B invested in Teck Resources in 2023 Q4 according to their latest regulatory filings, with 82 funds opening new positions, 162 increasing their positions, 175 reducing their positions, and 71 closing their positions.
15% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 71
2.09% more ownership
Funds ownership: 62.32% → 64.41% (+2.1%)
1% more funds holding
Funds holding: 484 → 490 (+6)
5% less capital invested
Capital invested by funds: $14.6B → $13.9B (-$679M)
7% less repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 175
18% less call options, than puts
Call options by funds: $396M | Put options by funds: $480M
35% less funds holding in top 10
Funds holding in top 10: 40 → 26 (-14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$228M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$101M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$93.4M |
| 4 |
RP
Regal Partners
Sydney, NSW,
Australia
|
+$87.9M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$79.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CHP
Castle Hook Partners
New York
|
-$140M |
| 2 |
BlackRock
New York
|
-$89.5M |
| 3 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$70.7M |
| 4 |
AT
AMF Tjänstepension
Stockholm,
Sweden
|
-$64.3M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
-$63.1M |
TECK Hedge Fund Activity: Q4 2023 in Review
490 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Teck Resources (TECK) for Q4 2023, worth a combined $13.9B — down 4.6% from $14.6B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new TECK positions and 71 closed out — a net gain of 11 holders — while 162 added to existing stakes and 175 trimmed.
The largest buyer was Fidelity International, adding an estimated $228M. The largest seller was Castle Hook Partners, exiting entirely with an estimated $140M sold.
- 490 institutional investors held Teck Resources (TECK) as of Q4 2023, up from 484 in Q3 2023.
- Funds reported $13.9B of Teck Resources stock for Q4 2023, down 4.6% quarter-over-quarter.
- 82 funds opened new Teck Resources positions in Q4 2023 and 71 closed out, a net change of +11 holders.
- The largest Teck Resources buyer in Q4 2023 was Fidelity International, an estimated $228M added.
- The largest Teck Resources seller in Q4 2023 was Castle Hook Partners, an estimated $140M sold.
Based on aggregated 13F filings for Q4 2023.