Teck Resources
TECK
217 hedge funds and large institutions have $1.43B invested in Teck Resources in 2015 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 100 increasing their positions, 58 reducing their positions, and 26 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 58
40% more capital inflows, than outflows
Capital inflows: $375M | Capital outflows: $268M
27% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 26
3.13% more ownership
Funds ownership: 48.65% → 51.77% (+3.1%)
3% more funds holding
Funds holding: 211 → 217 (+6)
42% less call options, than puts
Call options by funds: $49.8M | Put options by funds: $85.5M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
+$144M |
| 2 |
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$13.6M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$12.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$11.5M |
| 5 |
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$9.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manning & Napier Advisors
Fairport,
New York
|
-$97M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$24.1M |
| 3 |
Cidel Asset Management
Toronto, Ontario,
Ontario, Canada
|
-$23.1M |
| 4 |
Luminus Management
Houston,
Texas
|
-$20M |
| 5 |
abrdn Investment Management
Edinburgh,
United Kingdom
|
-$13M |
TECK Hedge Fund Activity: Q3 2015 in Review
217 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Teck Resources (TECK) for Q3 2015, worth a combined $1.43B — down 48% from $2.76B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new TECK positions and 26 closed out — a net gain of 7 holders — while 100 added to existing stakes and 58 trimmed.
The largest buyer was Dodge & Cox, adding an estimated $144M. The largest seller was Manning & Napier Advisors, cutting an estimated $97M.
- 217 institutional investors held Teck Resources (TECK) as of Q3 2015, up from 211 in Q2 2015.
- Funds reported $1.43B of Teck Resources stock for Q3 2015, down 48% quarter-over-quarter.
- 33 funds opened new Teck Resources positions in Q3 2015 and 26 closed out, a net change of +7 holders.
- The largest Teck Resources buyer in Q3 2015 was Dodge & Cox, an estimated $144M added.
- The largest Teck Resources seller in Q3 2015 was Manning & Napier Advisors, an estimated $97M sold.
Based on aggregated 13F filings for Q3 2015.