Teck Resources
TECK
235 hedge funds and large institutions have $1.83B invested in Teck Resources in 2020 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 86 increasing their positions, 84 reducing their positions, and 54 closing their positions.
67% more call options, than puts
Call options by funds: $45.4M | Put options by funds: $27.3M
2% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 84
4.6% less ownership
Funds ownership: 49.3% → 44.7% (-4.6%)
8% less funds holding
Funds holding: 255 → 235 (-20)
28% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 54
61% less capital invested
Capital invested by funds: $4.69B → $1.83B (-$2.86B)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
+$69.5M |
| 2 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$54.9M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$31.1M |
| 4 |
Two Sigma Investments
New York
|
+$26.5M |
| 5 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$26.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$291M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$97M |
| 3 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$72.4M |
| 4 |
VanEck Associates
New York
|
-$36M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$34.1M |
TECK Hedge Fund Activity: Q1 2020 in Review
235 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Teck Resources (TECK) for Q1 2020, worth a combined $1.83B — down 61% from $4.69B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of TECK and 39 opened new positions — a net loss of 15 holders — while 84 trimmed existing stakes and 86 added.
The largest buyer was Beutel, Goodman & Co, adding an estimated $69.5M. The largest seller was Capital World Investors, exiting entirely with an estimated $291M sold.
- 235 institutional investors held Teck Resources (TECK) as of Q1 2020, down from 255 in Q4 2019.
- Funds reported $1.83B of Teck Resources stock for Q1 2020, down 61% quarter-over-quarter.
- 39 funds opened new Teck Resources positions in Q1 2020 and 54 closed out, a net change of -15 holders.
- The largest Teck Resources buyer in Q1 2020 was Beutel, Goodman & Co, an estimated $69.5M added.
- The largest Teck Resources seller in Q1 2020 was Capital World Investors, an estimated $291M sold.
Based on aggregated 13F filings for Q1 2020.