Turquoise Hill Resources Ltd
TRQ was delisted on the 15th of December, 2022.
144 hedge funds and large institutions have $1.5B invested in Turquoise Hill Resources Ltd in 2015 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 54 increasing their positions, 40 reducing their positions, and 17 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 40
33% more call options, than puts
Call options by funds: $60.4M | Put options by funds: $45.5M
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
3% more funds holding
Funds holding: 140 → 144 (+4)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
33% less capital invested
Capital invested by funds: $2.26B → $1.5B (-$755M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
+$47.5M |
| 2 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
+$26.9M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$11.8M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
+$7.57M |
| 5 |
LCM
Laurion Capital Management
New York
|
+$7.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mason Capital Management
New York
|
-$88.4M |
| 2 |
Citigroup
New York
|
-$30.8M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$30.2M |
| 4 |
NM
Nokota Management
New York
|
-$14.4M |
| 5 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
-$8.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
151
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$619K | -16,280 | Closed |
|
|
NG
152
NatWest Group
Edinburgh, Scotland,
United Kingdom
| – | -$330K | -8,704 | Closed |
|
153
Arrowstreet Capital
Boston,
Massachusetts
| – | -$133K | -3,500 | Closed |
|
|
NBC
154
Neuberger Berman Canada
Toronto,
Ontario, Canada
| – | -$132K | -3,472 | Closed |
|
|
PAM
155
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$129K | -3,412 | Closed |
|
|
BMCMI
156
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
| – | -$129K | -3,400 | Closed |
|
|
HCM
157
Highbridge Capital Management
New York
| – | -$67K | -1,760 | Closed |
|
|
MSU
158
Maple Securities USA
Jersey City,
New Jersey
| – | -$41K | -1,075 | Closed |
|
|
SSG
159
Summit Securities Group
New York
| – | -$14K | -360 | Closed |
|
|
HR
160
Howe & Rusling
Rochester,
New York
| – | -$4K | -100 | Closed |
|
TRQ Hedge Fund Activity: Q3 2015 in Review
144 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Turquoise Hill Resources Ltd (TRQ) for Q3 2015, worth a combined $1.5B — down 33% from $2.26B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new TRQ positions and 17 closed out — a net gain of 4 holders — while 54 added to existing stakes and 40 trimmed.
The largest buyer was SailingStone Capital Partners, adding an estimated $47.5M. The largest seller was Mason Capital Management, exiting entirely with an estimated $88.4M sold.
- 144 institutional investors held Turquoise Hill Resources Ltd (TRQ) as of Q3 2015, up from 140 in Q2 2015.
- Funds reported $1.5B of Turquoise Hill Resources Ltd stock for Q3 2015, down 33% quarter-over-quarter.
- 21 funds opened new Turquoise Hill Resources Ltd positions in Q3 2015 and 17 closed out, a net change of +4 holders.
- The largest Turquoise Hill Resources Ltd buyer in Q3 2015 was SailingStone Capital Partners, an estimated $47.5M added.
- The largest Turquoise Hill Resources Ltd seller in Q3 2015 was Mason Capital Management, an estimated $88.4M sold.
Based on aggregated 13F filings for Q3 2015.