Teck Resources
TECK
297 hedge funds and large institutions have $8.09B invested in Teck Resources in 2017 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 101 increasing their positions, 93 reducing their positions, and 37 closing their positions.
62% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 37
57% more funds holding in top 10
Funds holding in top 10: 7 → 11 (+4)
22% more capital invested
Capital invested by funds: $6.63B → $8.09B (+$1.46B)
8% more funds holding
Funds holding: 275 → 297 (+22)
9% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 93
1.27% less ownership
Funds ownership: 55.22% → 53.95% (-1.3%)
30% less call options, than puts
Call options by funds: $223M | Put options by funds: $320M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$48.8M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$43.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$39.7M |
| 4 |
Two Sigma Investments
New York
|
+$36.4M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$26.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$130M |
| 2 |
JIM
JB Investments Management
Phoenixville,
Pennsylvania
|
-$122M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$49.2M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$39.3M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$28.4M |
TECK Hedge Fund Activity: Q4 2017 in Review
297 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Teck Resources (TECK) for Q4 2017, worth a combined $8.09B — up 22% from $6.63B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new TECK positions and 37 closed out — a net gain of 23 holders — while 101 added to existing stakes and 93 trimmed.
The largest buyer was Capital Growth Management, opening a new position worth an estimated $48.8M. The largest seller was Laurion Capital Management, cutting an estimated $130M.
- 297 institutional investors held Teck Resources (TECK) as of Q4 2017, up from 275 in Q3 2017.
- Funds reported $8.09B of Teck Resources stock for Q4 2017, up 22% quarter-over-quarter.
- 60 funds opened new Teck Resources positions in Q4 2017 and 37 closed out, a net change of +23 holders.
- The largest Teck Resources buyer in Q4 2017 was Capital Growth Management, an estimated $48.8M added.
- The largest Teck Resources seller in Q4 2017 was Laurion Capital Management, an estimated $130M sold.
Based on aggregated 13F filings for Q4 2017.