Turquoise Hill Resources Ltd
TRQ was delisted on the 15th of December, 2022.
166 hedge funds and large institutions have $1.31B invested in Turquoise Hill Resources Ltd in 2019 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 48 increasing their positions, 54 reducing their positions, and 26 closing their positions.
10% more capital invested
Capital invested by funds: $1.19B → $1.31B (+$117M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
6% less funds holding
Funds holding: 176 → 166 (-10)
11% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 54
31% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 26
94% less call options, than puts
Call options by funds: $22K | Put options by funds: $341K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$76.1M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$60M |
| 3 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$37.3M |
| 4 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$24.2M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Temasek Holdings
Singapore
|
-$84.1M |
| 2 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$38.9M |
| 3 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$8.58M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$7.09M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
-$5.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SICM
176
Sustainable Insight Capital Management
New York
| – | -$19K | -1,170 | Closed |
|
177
Fidelity International
Hamilton,
Bermuda
| – | -$18K | -1,070 | Closed |
|
|
LC
178
Lourd Capital
Beverly Hills,
California
| – | -$17K | -1,021 | Closed |
|
|
OWIM
179
Old West Investment Management
Los Angeles,
California
| – | -$16K | -1,000 | Closed |
|
|
PCP
180
Proficio Capital Partners
Newton,
Massachusetts
| – | -$7K | -411 | Closed |
|
|
PA
181
Perennial Advisors
New York
| – | -$3K | -169 | Closed |
|
182
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$2K | -108 | Closed |
|
|
AC
183
Avestar Capital
New York
| – | -$1.39K | -82 | -74% |
|
|
IA
184
IFP Advisors
Tampa,
Florida
| – | -$1K | -64 | Closed |
|
|
PWMG
185
Prestige Wealth Management Group
Flemington,
New Jersey
| – | -$1K | -35 | Closed |
|
|
WAM
186
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$271 | -16 | -53% |
|
TRQ Hedge Fund Activity: Q1 2019 in Review
166 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Turquoise Hill Resources Ltd (TRQ) for Q1 2019, worth a combined $1.31B — up 9.8% from $1.19B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of TRQ and 18 opened new positions — a net loss of 8 holders — while 54 trimmed existing stakes and 48 added.
The largest buyer was Credit Suisse, adding an estimated $76.1M. The largest seller was Temasek Holdings, exiting entirely with an estimated $84.1M sold.
- 166 institutional investors held Turquoise Hill Resources Ltd (TRQ) as of Q1 2019, down from 176 in Q4 2018.
- Funds reported $1.31B of Turquoise Hill Resources Ltd stock for Q1 2019, up 9.8% quarter-over-quarter.
- 18 funds opened new Turquoise Hill Resources Ltd positions in Q1 2019 and 26 closed out, a net change of -8 holders.
- The largest Turquoise Hill Resources Ltd buyer in Q1 2019 was Credit Suisse, an estimated $76.1M added.
- The largest Turquoise Hill Resources Ltd seller in Q1 2019 was Temasek Holdings, an estimated $84.1M sold.
Based on aggregated 13F filings for Q1 2019.