Teck Resources
TECK
218 hedge funds and large institutions have $5.98B invested in Teck Resources in 2013 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 86 increasing their positions, 71 reducing their positions, and 32 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
44% more call options, than puts
Call options by funds: $119M | Put options by funds: $82.8M
29% more capital invested
Capital invested by funds: $4.64B → $5.98B (+$1.34B)
21% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 71
1.61% more ownership
Funds ownership: 37.53% → 39.14% (+1.6%)
4% less funds holding
Funds holding: 226 → 218 (-8)
16% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Marketfield Asset Management
New York
|
+$71.8M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$60.6M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$59M |
| 4 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$45.8M |
| 5 |
TCM
Tetrem Capital Management
Winnipeg,
Manitoba, Canada
|
+$32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
-$32.5M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$28.3M |
| 3 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$28M |
| 4 |
BCM
Becker Capital Management
Portland,
Oregon
|
-$25.4M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$21.9M |
TECK Hedge Fund Activity: Q3 2013 in Review
218 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Teck Resources (TECK) for Q3 2013, worth a combined $5.98B — up 29% from $4.64B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of TECK and 27 opened new positions — a net loss of 5 holders — while 71 trimmed existing stakes and 86 added.
The largest buyer was Marketfield Asset Management, adding an estimated $71.8M. The largest seller was Greystone Managed Investments, cutting an estimated $32.5M.
- 218 institutional investors held Teck Resources (TECK) as of Q3 2013, down from 226 in Q2 2013.
- Funds reported $5.98B of Teck Resources stock for Q3 2013, up 29% quarter-over-quarter.
- 27 funds opened new Teck Resources positions in Q3 2013 and 32 closed out, a net change of -5 holders.
- The largest Teck Resources buyer in Q3 2013 was Marketfield Asset Management, an estimated $71.8M added.
- The largest Teck Resources seller in Q3 2013 was Greystone Managed Investments, an estimated $32.5M sold.
Based on aggregated 13F filings for Q3 2013.