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Teck Resources

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.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 69 (+3)

35% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 26

3% more funds holding

Funds holding: 218225 (+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

Holders
225
Holders Change
+7
Holders Change %
+3.21%
% of All Funds
6.53%
Holding in Top 10
9
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+50%
% of All Funds
0.26%
New
35
Increased
76
Reduced
85
Closed
26
Calls
$72.2M
Puts
$97.1M
Net Calls
-$24.9M
Net Calls Change
-$61.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$633M -$25M -969,634 -4%
CIBC Asset Management
2
CIBC Asset Management
Ontario, Canada
$344M -$297K -11,506 -0.1%
TD Asset Management
3
TD Asset Management
Ontario, Canada
$319M -$5.56M -215,094 -2%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$317M +$8.84M +342,075 +3%
LBA
5
Letko, Brosseau & Associates
Quebec, Canada
$253M +$52.5M +2,032,854 +26%
Caisse de Depot et Placement du Quebec (CDPQ)
6
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$231M -$1.66M -64,100 -0.7%
MAM
7
Marketfield Asset Management
New York
$208M +$50.1M +1,940,738 +32%
CIBC World Market
8
CIBC World Market
Ontario, Canada
$205M +$4.61M +178,447 +2%
BGC
9
Beutel, Goodman & Co
Ontario, Canada
$187M -$2.37M -91,865 -1%
Toronto Dominion Bank
10
Toronto Dominion Bank
Ontario, Canada
$172M +$9.18M +355,210 +6%
Mackenzie Financial
11
Mackenzie Financial
Ontario, Canada
$154M -$979K -37,892 -0.6%
SRAIM
12
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$145M -$3.94M -152,651 -3%
TCM
13
Tetrem Capital Management
Manitoba, Canada
$138M +$14.5M +559,979 +13%
Fiera Capital (Canada)
14
Fiera Capital (Canada)
Quebec, Canada
$128M -$10.1M -389,140 -7%
Invesco
15
Invesco
Georgia
$114M -$3.93M -152,031 -3%
GMI
16
Greystone Managed Investments
Saskatchewan, Canada
$79.1M -$13.8M -534,829 -15%
GCC
17
Guardian Capital (Canada)
Ontario, Canada
$75.9M +$13.8M +532,853 +22%
WI
18
WHV Investments
California
$75.8M -$11.6M -449,254 -13%
BA
19
BlackRock Advisors
Delaware
$75.7M +$40.1M +1,554,055 +115%
Schroder Investment Management Group
20
Schroder Investment Management Group
United Kingdom
$73.5M +$44.8M +1,735,100 +159%
AII
21
AGF Investments Inc
Ontario, Canada
$68.2M +$24.1M +933,869 +55%
Canada Life
22
Canada Life
Manitoba, Canada
$65.9M -$24.7M -956,276 -27%
AIMCA
23
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$63.6M +$5.42M +210,000 +10%
UBS AM
24
UBS AM
Illinois
$58.5M +$455K +17,609 +0.8%
Massachusetts Financial Services
25
Massachusetts Financial Services
Massachusetts
$56.6M -$11.7M -453,074 -17%

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.