Teck Resources
TECK
497 hedge funds and large institutions have $14.8B invested in Teck Resources in 2024 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 185 increasing their positions, 150 reducing their positions, and 68 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 150
22% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 68
7% more capital invested
Capital invested by funds: $13.8B → $14.8B (+$912M)
4% more funds holding in top 10
Funds holding in top 10: 26 → 27 (+1)
1% more funds holding
Funds holding: 491 → 497 (+6)
1.22% less ownership
Funds ownership: 63.95% → 62.74% (-1.2%)
21% less call options, than puts
Call options by funds: $270M | Put options by funds: $342M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ARCM
Asia Research & Capital Management
Hong Kong
|
+$139M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$124M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$122M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$85.4M |
| 5 |
Goldman Sachs
New York
|
+$82.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Soroban Capital Partners
New York
|
-$372M |
| 2 |
Dodge & Cox
San Francisco,
California
|
-$311M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$104M |
| 4 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$85.1M |
| 5 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$69.1M |
TECK Hedge Fund Activity: Q1 2024 in Review
497 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Teck Resources (TECK) for Q1 2024, worth a combined $14.8B — up 6.6% from $13.8B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new TECK positions and 68 closed out — a net gain of 15 holders — while 185 added to existing stakes and 150 trimmed.
The largest buyer was Asia Research & Capital Management, opening a new position worth an estimated $139M. The largest seller was Soroban Capital Partners, exiting entirely with an estimated $372M sold.
- 497 institutional investors held Teck Resources (TECK) as of Q1 2024, up from 491 in Q4 2023.
- Funds reported $14.8B of Teck Resources stock for Q1 2024, up 6.6% quarter-over-quarter.
- 83 funds opened new Teck Resources positions in Q1 2024 and 68 closed out, a net change of +15 holders.
- The largest Teck Resources buyer in Q1 2024 was Asia Research & Capital Management, an estimated $139M added.
- The largest Teck Resources seller in Q1 2024 was Soroban Capital Partners, an estimated $372M sold.
Based on aggregated 13F filings for Q1 2024.