Turquoise Hill Resources Ltd
TRQ was delisted on the 15th of December, 2022.
140 hedge funds and large institutions have $1.8B invested in Turquoise Hill Resources Ltd in 2014 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 33 increasing their positions, 55 reducing their positions, and 12 closing their positions.
92% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 12
19% more call options, than puts
Call options by funds: $15.5M | Put options by funds: $13M
9% more funds holding
Funds holding: 129 → 140 (+11)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
21% less capital invested
Capital invested by funds: $2.28B → $1.8B (-$489M)
40% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mason Capital Management
New York
|
+$69.8M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$31.6M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$29.2M |
| 4 |
NM
Nokota Management
New York
|
+$9.63M |
| 5 |
VAM
Visium Asset Management
New York
|
+$7.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
-$433M |
| 2 |
Citigroup
New York
|
-$73.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$57.7M |
| 4 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$43.5M |
| 5 |
SFM
Soros Fund Management
New York
|
-$18.1M |
TRQ Hedge Fund Activity: Q2 2014 in Review
140 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Turquoise Hill Resources Ltd (TRQ) for Q2 2014, worth a combined $1.8B — down 21% from $2.28B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new TRQ positions and 12 closed out — a net gain of 11 holders — while 33 added to existing stakes and 55 trimmed.
The largest buyer was Mason Capital Management, adding an estimated $69.8M. The largest seller was RS Investment Management, exiting entirely with an estimated $433M sold.
- 140 institutional investors held Turquoise Hill Resources Ltd (TRQ) as of Q2 2014, up from 129 in Q1 2014.
- Funds reported $1.8B of Turquoise Hill Resources Ltd stock for Q2 2014, down 21% quarter-over-quarter.
- 23 funds opened new Turquoise Hill Resources Ltd positions in Q2 2014 and 12 closed out, a net change of +11 holders.
- The largest Turquoise Hill Resources Ltd buyer in Q2 2014 was Mason Capital Management, an estimated $69.8M added.
- The largest Turquoise Hill Resources Ltd seller in Q2 2014 was RS Investment Management, an estimated $433M sold.
Based on aggregated 13F filings for Q2 2014.