Teck Resources
TECK
266 hedge funds and large institutions have $4.73B invested in Teck Resources in 2017 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 103 increasing their positions, 88 reducing their positions, and 54 closing their positions.
103% more call options, than puts
Call options by funds: $323M | Put options by funds: $159M
17% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 88
0.75% more ownership
Funds ownership: 46.75% → 47.5% (+0.75%)
6% less funds holding
Funds holding: 282 → 266 (-16)
19% less capital invested
Capital invested by funds: $5.87B → $4.73B (-$1.13B)
26% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 54
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$85.3M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$63.8M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$60M |
| 4 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$45.8M |
| 5 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
+$45.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$182M |
| 2 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
-$88.2M |
| 3 |
TA
Teachers Advisors
New York
|
-$82.3M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$49.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$36.5M |
TECK Hedge Fund Activity: Q2 2017 in Review
266 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Teck Resources (TECK) for Q2 2017, worth a combined $4.73B — down 19% from $5.87B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of TECK and 40 opened new positions — a net loss of 14 holders — while 88 trimmed existing stakes and 103 added.
The largest buyer was Royal Bank of Canada, adding an estimated $85.3M. The largest seller was Capital Research Global Investors, cutting an estimated $182M.
- 266 institutional investors held Teck Resources (TECK) as of Q2 2017, down from 282 in Q1 2017.
- Funds reported $4.73B of Teck Resources stock for Q2 2017, down 19% quarter-over-quarter.
- 40 funds opened new Teck Resources positions in Q2 2017 and 54 closed out, a net change of -14 holders.
- The largest Teck Resources buyer in Q2 2017 was Royal Bank of Canada, an estimated $85.3M added.
- The largest Teck Resources seller in Q2 2017 was Capital Research Global Investors, an estimated $182M sold.
Based on aggregated 13F filings for Q2 2017.