Turquoise Hill Resources Ltd
TRQ was delisted on the 15th of December, 2022.
163 hedge funds and large institutions have $2.33B invested in Turquoise Hill Resources Ltd in 2017 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 48 increasing their positions, 47 reducing their positions, and 15 closing their positions.
434% more call options, than puts
Call options by funds: $25.8M | Put options by funds: $4.83M
40% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 15
11% more capital invested
Capital invested by funds: $2.1B → $2.33B (+$232M)
3% more funds holding
Funds holding: 158 → 163 (+5)
2% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 47
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$17.2M |
| 2 |
Millennium Management
New York
|
+$15.8M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$11.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$3.59M |
| 5 |
Morgan Stanley
New York
|
+$3.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$49.7M |
| 2 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$13.9M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$12.1M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$6.96M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$3.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PA
176
Parallel Advisors
San Francisco,
California
| – | -$283 | -9 | -53% |
|
177
AssetMark Inc
Concord,
California
| – | -$94 | -3 | -18% |
|
TRQ Hedge Fund Activity: Q4 2017 in Review
163 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Turquoise Hill Resources Ltd (TRQ) for Q4 2017, worth a combined $2.33B — up 11% from $2.1B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new TRQ positions and 15 closed out — a net gain of 6 holders — while 48 added to existing stakes and 47 trimmed.
The largest buyer was Pentwater Capital Management, adding an estimated $17.2M. The largest seller was SailingStone Capital Partners, cutting an estimated $49.7M.
- 163 institutional investors held Turquoise Hill Resources Ltd (TRQ) as of Q4 2017, up from 158 in Q3 2017.
- Funds reported $2.33B of Turquoise Hill Resources Ltd stock for Q4 2017, up 11% quarter-over-quarter.
- 21 funds opened new Turquoise Hill Resources Ltd positions in Q4 2017 and 15 closed out, a net change of +6 holders.
- The largest Turquoise Hill Resources Ltd buyer in Q4 2017 was Pentwater Capital Management, an estimated $17.2M added.
- The largest Turquoise Hill Resources Ltd seller in Q4 2017 was SailingStone Capital Partners, an estimated $49.7M sold.
Based on aggregated 13F filings for Q4 2017.