Turquoise Hill Resources Ltd
TRQ was delisted on the 15th of December, 2022.
117 hedge funds and large institutions have $595M invested in Turquoise Hill Resources Ltd in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 43 reducing their positions, and 22 closing their positions.
370% more call options, than puts
Call options by funds: $47K | Put options by funds: $10K
73% more capital invested
Capital invested by funds: $344M → $595M (+$251M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
10% less funds holding
Funds holding: 130 → 117 (-13)
28% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 43
59% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$14.6M |
| 2 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$6.36M |
| 3 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$3.25M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$2.74M |
| 5 |
D.E. Shaw & Co
New York
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
-$11.7M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$5.15M |
| 3 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$4.05M |
| 4 |
DI
Dalton Investments
Las Vegas,
Nevada
|
-$2.13M |
| 5 |
Renaissance Technologies
New York
|
-$1.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LP
126
LMR Partners
London,
United Kingdom
| – | -$29K | -6,105 | Closed |
|
|
QOP
127
Quinn Opportunity Partners
Charlottesville,
Virginia
| – | -$26K | -5,500 | Closed |
|
|
HF
128
HRT Financial
New York
| – | -$16K | -3,446 | Closed |
|
|
DTL
129
Dynamic Technology Lab
Singapore
| – | -$9K | -1,947 | Closed |
|
130
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
| – | -$7K | -1,501 | Closed |
|
131
Two Sigma Advisers
New York
| – | -$7K | -1,490 | Closed |
|
|
BCM
132
Bayesian Capital Management
Brooklyn,
New York
| – | -$6K | -1,310 | Closed |
|
|
LC
133
Lindbrook Capital
Calabasas,
California
| – | -$3K | -644 | Closed |
|
134
Barclays
London,
United Kingdom
| – | -$3.04K | -592 | -95% |
|
135
Simplex Trading
Chicago,
Illinois
| – | -$51 | -10 | -11% |
|
TRQ Hedge Fund Activity: Q4 2019 in Review
117 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Turquoise Hill Resources Ltd (TRQ) for Q4 2019, worth a combined $595M — up 73% from $344M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of TRQ and 9 opened new positions — a net loss of 13 holders — while 43 trimmed existing stakes and 31 added.
The largest buyer was Russell Investments Group, adding an estimated $14.6M. The largest seller was Luminus Management, exiting entirely with an estimated $11.7M sold.
- 117 institutional investors held Turquoise Hill Resources Ltd (TRQ) as of Q4 2019, down from 130 in Q3 2019.
- Funds reported $595M of Turquoise Hill Resources Ltd stock for Q4 2019, up 73% quarter-over-quarter.
- 9 funds opened new Turquoise Hill Resources Ltd positions in Q4 2019 and 22 closed out, a net change of -13 holders.
- The largest Turquoise Hill Resources Ltd buyer in Q4 2019 was Russell Investments Group, an estimated $14.6M added.
- The largest Turquoise Hill Resources Ltd seller in Q4 2019 was Luminus Management, an estimated $11.7M sold.
Based on aggregated 13F filings for Q4 2019.