Teck Resources
TECK
190 hedge funds and large institutions have $2.02B invested in Teck Resources in 2016 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 59 increasing their positions, 74 reducing their positions, and 39 closing their positions.
82% more capital invested
Capital invested by funds: $1.1B → $2.02B (+$910M)
3.66% less ownership
Funds ownership: 49.88% → 46.22% (-3.7%)
5% less funds holding
Funds holding: 201 → 190 (-11)
20% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 74
23% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 39
52% less call options, than puts
Call options by funds: $167M | Put options by funds: $350M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$38M |
| 2 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
+$30.3M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$28.6M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$20.3M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$37.9M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$36.5M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$31.6M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$11.4M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$11M |
TECK Hedge Fund Activity: Q1 2016 in Review
190 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Teck Resources (TECK) for Q1 2016, worth a combined $2.02B — up 82% from $1.1B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of TECK and 30 opened new positions — a net loss of 9 holders — while 74 trimmed existing stakes and 59 added.
The largest buyer was Impala Asset Management, adding an estimated $38M. The largest seller was Royal Bank of Canada, cutting an estimated $37.9M.
- 190 institutional investors held Teck Resources (TECK) as of Q1 2016, down from 201 in Q4 2015.
- Funds reported $2.02B of Teck Resources stock for Q1 2016, up 82% quarter-over-quarter.
- 30 funds opened new Teck Resources positions in Q1 2016 and 39 closed out, a net change of -9 holders.
- The largest Teck Resources buyer in Q1 2016 was Impala Asset Management, an estimated $38M added.
- The largest Teck Resources seller in Q1 2016 was Royal Bank of Canada, an estimated $37.9M sold.
Based on aggregated 13F filings for Q1 2016.