Turquoise Hill Resources Ltd
TRQ was delisted on the 15th of December, 2022.
98 hedge funds and large institutions have $1.18B invested in Turquoise Hill Resources Ltd in 2021 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 37 increasing their positions, 29 reducing their positions, and 16 closing their positions.
29% more call options, than puts
Call options by funds: $27.8M | Put options by funds: $21.6M
28% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 29
5% more capital invested
Capital invested by funds: $1.13B → $1.18B (+$57.2M)
3% less funds holding
Funds holding: 101 → 98 (-3)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$21.2M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$18M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$14.6M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$7.74M |
| 5 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$7.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OPERF
Oregon Public Employees Retirement Fund
Tigard,
Oregon
|
-$26.6M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$23.1M |
| 3 |
SPC
Slate Path Capital
New York
|
-$9.81M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$8.72M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Axa
Paris,
France
| – | -$1.24M | -76,800 | Closed |
|
102
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
| – | -$1.23M | -76,400 | Closed |
|
103
Northern Trust
Chicago,
Illinois
| – | -$1.16M | -71,799 | Closed |
|
104
Marshall Wace
London,
United Kingdom
| – | -$979K | -60,882 | Closed |
|
|
JF
105
Jump Financial
Chicago,
Illinois
| – | -$675K | -41,970 | Closed |
|
106
AllianceBernstein
Nashville,
Tennessee
| – | -$443K | -27,548 | Closed |
|
|
TI
107
Trexquant Investment
Stamford,
Connecticut
| – | -$412K | -25,617 | Closed |
|
|
PP
108
Paloma Partners
Greenwich,
Connecticut
| – | -$212K | -13,160 | Closed |
|
|
GF
109
Gabelli Funds
Rye,
New York
| – | -$193K | -12,000 | Closed |
|
|
B
110
Bailard
Foster City,
California
| – | -$190K | -11,800 | Closed |
|
111
Acadian Asset Management
Boston,
Massachusetts
| – | -$28K | -1,731 | Closed |
|
|
VFA
112
Valeo Financial Advisors
Carmel,
Indiana
| – | -$2K | -134 | Closed |
|
TRQ Hedge Fund Activity: Q2 2021 in Review
98 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Turquoise Hill Resources Ltd (TRQ) for Q2 2021, worth a combined $1.18B — up 5.1% from $1.13B a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TRQ and 13 opened new positions — a net loss of 3 holders — while 29 trimmed existing stakes and 37 added.
The largest buyer was Kopernik Global Investors, adding an estimated $21.2M. The largest seller was Oregon Public Employees Retirement Fund, exiting entirely with an estimated $26.6M sold.
- 98 institutional investors held Turquoise Hill Resources Ltd (TRQ) as of Q2 2021, down from 101 in Q1 2021.
- Funds reported $1.18B of Turquoise Hill Resources Ltd stock for Q2 2021, up 5.1% quarter-over-quarter.
- 13 funds opened new Turquoise Hill Resources Ltd positions in Q2 2021 and 16 closed out, a net change of -3 holders.
- The largest Turquoise Hill Resources Ltd buyer in Q2 2021 was Kopernik Global Investors, an estimated $21.2M added.
- The largest Turquoise Hill Resources Ltd seller in Q2 2021 was Oregon Public Employees Retirement Fund, an estimated $26.6M sold.
Based on aggregated 13F filings for Q2 2021.