Teck Resources
TECK
447 hedge funds and large institutions have $11.3B invested in Teck Resources in 2023 Q1 according to their latest regulatory filings, with 78 funds opening new positions, 158 increasing their positions, 156 reducing their positions, and 45 closing their positions.
73% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 45
36% more call options, than puts
Call options by funds: $286M | Put options by funds: $210M
7% more funds holding
Funds holding: 419 → 447 (+28)
1% more repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 156
0.96% more ownership
Funds ownership: 59.24% → 60.2% (+0.96%)
1% less capital invested
Capital invested by funds: $11.3B → $11.3B (-$69.1M)
18% less funds holding in top 10
Funds holding in top 10: 33 → 27 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Southpoint Capital Advisors
New York
|
+$71.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$60.5M |
| 3 |
DFO
Duquesne Family Office
New York
|
+$57.7M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$55.7M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$51.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$230M |
| 2 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$57.9M |
| 3 |
LBA
Letko, Brosseau & Associates
Montreal,
Quebec, Canada
|
-$56.9M |
| 4 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$52.3M |
| 5 |
Goldman Sachs
New York
|
-$48.6M |
TECK Hedge Fund Activity: Q1 2023 in Review
447 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Teck Resources (TECK) for Q1 2023, worth a combined $11.3B — down 0.61% from $11.3B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new TECK positions and 45 closed out — a net gain of 33 holders — while 158 added to existing stakes and 156 trimmed.
The largest buyer was Southpoint Capital Advisors, adding an estimated $71.4M. The largest seller was Arrowstreet Capital, cutting an estimated $230M.
- 447 institutional investors held Teck Resources (TECK) as of Q1 2023, up from 419 in Q4 2022.
- Funds reported $11.3B of Teck Resources stock for Q1 2023, down 0.61% quarter-over-quarter.
- 78 funds opened new Teck Resources positions in Q1 2023 and 45 closed out, a net change of +33 holders.
- The largest Teck Resources buyer in Q1 2023 was Southpoint Capital Advisors, an estimated $71.4M added.
- The largest Teck Resources seller in Q1 2023 was Arrowstreet Capital, an estimated $230M sold.
Based on aggregated 13F filings for Q1 2023.