Teck Resources
TECK
218 hedge funds and large institutions have $3.13B invested in Teck Resources in 2014 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 82 increasing their positions, 68 reducing their positions, and 35 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 68
3% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 35
1% less funds holding
Funds holding: 221 → 218 (-3)
1.87% less ownership
Funds ownership: 41.87% → 40% (-1.9%)
31% less capital invested
Capital invested by funds: $4.51B → $3.13B (-$1.39B)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
42% less call options, than puts
Call options by funds: $50M | Put options by funds: $86.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
+$68.8M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$51.2M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
+$24.9M |
| 4 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$21.6M |
| 5 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$20.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$126M |
| 2 |
MAM
Marketfield Asset Management
New York
|
-$123M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$55.1M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$45.8M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$32.6M |
TECK Hedge Fund Activity: Q4 2014 in Review
218 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Teck Resources (TECK) for Q4 2014, worth a combined $3.13B — down 31% from $4.51B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of TECK and 34 opened new positions — a net loss of 1 holder — while 68 trimmed existing stakes and 82 added.
The largest buyer was Manning & Napier Advisors, adding an estimated $68.8M. The largest seller was Beutel, Goodman & Co, exiting entirely with an estimated $126M sold.
- 218 institutional investors held Teck Resources (TECK) as of Q4 2014, down from 221 in Q3 2014.
- Funds reported $3.13B of Teck Resources stock for Q4 2014, down 31% quarter-over-quarter.
- 34 funds opened new Teck Resources positions in Q4 2014 and 35 closed out, a net change of -1 holder.
- The largest Teck Resources buyer in Q4 2014 was Manning & Napier Advisors, an estimated $68.8M added.
- The largest Teck Resources seller in Q4 2014 was Beutel, Goodman & Co, an estimated $126M sold.
Based on aggregated 13F filings for Q4 2014.