Teck Resources
TECK
282 hedge funds and large institutions have $5.87B invested in Teck Resources in 2017 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 86 increasing their positions, 104 reducing their positions, and 50 closing their positions.
28% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 50
11% more capital invested
Capital invested by funds: $5.26B → $5.87B (+$603M)
3% more funds holding
Funds holding: 273 → 282 (+9)
1.33% more ownership
Funds ownership: 45.42% → 46.75% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
17% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 104
23% less call options, than puts
Call options by funds: $132M | Put options by funds: $172M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
+$104M |
| 2 |
GC
GMT Capital
Atlanta,
Georgia
|
+$78.7M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$76.7M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$71.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$65.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$63M |
| 2 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$59.8M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$56.1M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$44.5M |
| 5 |
Two Sigma Investments
New York
|
-$42.7M |
TECK Hedge Fund Activity: Q1 2017 in Review
282 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Teck Resources (TECK) for Q1 2017, worth a combined $5.87B — up 11% from $5.26B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new TECK positions and 50 closed out — a net gain of 14 holders — while 86 added to existing stakes and 104 trimmed.
The largest buyer was Westpac Banking Corp, opening a new position worth an estimated $104M. The largest seller was Fidelity Investments, cutting an estimated $63M.
- 282 institutional investors held Teck Resources (TECK) as of Q1 2017, up from 273 in Q4 2016.
- Funds reported $5.87B of Teck Resources stock for Q1 2017, up 11% quarter-over-quarter.
- 64 funds opened new Teck Resources positions in Q1 2017 and 50 closed out, a net change of +14 holders.
- The largest Teck Resources buyer in Q1 2017 was Westpac Banking Corp, an estimated $104M added.
- The largest Teck Resources seller in Q1 2017 was Fidelity Investments, an estimated $63M sold.
Based on aggregated 13F filings for Q1 2017.