Teck Resources
TECK
220 hedge funds and large institutions have $4.5B invested in Teck Resources in 2014 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 87 increasing their positions, 72 reducing their positions, and 27 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 72
0.5% less ownership
Funds ownership: 42.37% → 41.87% (-0.5%)
3% less funds holding
Funds holding: 226 → 220 (-6)
11% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 27
18% less capital invested
Capital invested by funds: $5.51B → $4.5B (-$1.01B)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
37% less call options, than puts
Call options by funds: $57.5M | Put options by funds: $91M
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$82M |
| 2 |
O
OppenheimerFunds
New York
|
+$76.5M |
| 3 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$36.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$34.3M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$27.4M |
Top Sellers
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$56.4M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$52.4M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$47.9M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$47.4M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$43.8M |
TECK Hedge Fund Activity: Q3 2014 in Review
220 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Teck Resources (TECK) for Q3 2014, worth a combined $4.5B — down 18% from $5.51B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of TECK and 24 opened new positions — a net loss of 3 holders — while 72 trimmed existing stakes and 87 added.
The largest buyer was Fidelity Investments, adding an estimated $82M. The largest seller was Bank of Montreal, cutting an estimated $56.4M.
- 220 institutional investors held Teck Resources (TECK) as of Q3 2014, down from 226 in Q2 2014.
- Funds reported $4.5B of Teck Resources stock for Q3 2014, down 18% quarter-over-quarter.
- 24 funds opened new Teck Resources positions in Q3 2014 and 27 closed out, a net change of -3 holders.
- The largest Teck Resources buyer in Q3 2014 was Fidelity Investments, an estimated $82M added.
- The largest Teck Resources seller in Q3 2014 was Bank of Montreal, an estimated $56.4M sold.
Based on aggregated 13F filings for Q3 2014.