Turquoise Hill Resources Ltd
TRQ was delisted on the 15th of December, 2022.
92 hedge funds and large institutions have $769M invested in Turquoise Hill Resources Ltd in 2020 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 31 increasing their positions, 31 reducing their positions, and 35 closing their positions.
32% more capital invested
Capital invested by funds: $580M → $769M (+$188M)
23% more call options, than puts
Call options by funds: $9.08M | Put options by funds: $7.37M
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 31
14% less funds holding
Funds holding: 107 → 92 (-15)
43% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$13.3M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$5.13M |
| 3 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$4.51M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.26M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$2.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$45.4M |
| 2 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$15.6M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$10.9M |
| 4 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$8.43M |
| 5 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$6.25M |
TRQ Hedge Fund Activity: Q4 2020 in Review
92 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Turquoise Hill Resources Ltd (TRQ) for Q4 2020, worth a combined $769M — up 32% from $580M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of TRQ and 20 opened new positions — a net loss of 15 holders — while 31 trimmed existing stakes and 31 added.
The largest buyer was ETF Managers Group, opening a new position worth an estimated $13.3M. The largest seller was Russell Investments Group, exiting entirely with an estimated $45.4M sold.
- 92 institutional investors held Turquoise Hill Resources Ltd (TRQ) as of Q4 2020, down from 107 in Q3 2020.
- Funds reported $769M of Turquoise Hill Resources Ltd stock for Q4 2020, up 32% quarter-over-quarter.
- 20 funds opened new Turquoise Hill Resources Ltd positions in Q4 2020 and 35 closed out, a net change of -15 holders.
- The largest Turquoise Hill Resources Ltd buyer in Q4 2020 was ETF Managers Group, an estimated $13.3M added.
- The largest Turquoise Hill Resources Ltd seller in Q4 2020 was Russell Investments Group, an estimated $45.4M sold.
Based on aggregated 13F filings for Q4 2020.