Turquoise Hill Resources Ltd
TRQ was delisted on the 15th of December, 2022.
125 hedge funds and large institutions have $1.36B invested in Turquoise Hill Resources Ltd in 2013 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 38 increasing their positions, 61 reducing their positions, and 25 closing their positions.
4% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 25
1% more funds holding
Funds holding: 124 → 125 (+1)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
16% less capital invested
Capital invested by funds: $1.63B → $1.36B (-$269M)
37% less call options, than puts
Call options by funds: $12.8M | Put options by funds: $20.3M
38% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
+$177M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$110M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$57.9M |
| 4 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$16M |
| 5 |
DI
Dalton Investments
Las Vegas,
Nevada
|
+$9.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$111M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$72.3M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$60.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$48.8M |
| 5 |
Temasek Holdings
Singapore
|
-$36.9M |
TRQ Hedge Fund Activity: Q4 2013 in Review
125 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Turquoise Hill Resources Ltd (TRQ) for Q4 2013, worth a combined $1.36B — down 16% from $1.63B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new TRQ positions and 25 closed out — a net gain of 1 holder — while 38 added to existing stakes and 61 trimmed.
The largest buyer was RS Investment Management, adding an estimated $177M. The largest seller was Citigroup, cutting an estimated $111M.
- 125 institutional investors held Turquoise Hill Resources Ltd (TRQ) as of Q4 2013, up from 124 in Q3 2013.
- Funds reported $1.36B of Turquoise Hill Resources Ltd stock for Q4 2013, down 16% quarter-over-quarter.
- 26 funds opened new Turquoise Hill Resources Ltd positions in Q4 2013 and 25 closed out, a net change of +1 holder.
- The largest Turquoise Hill Resources Ltd buyer in Q4 2013 was RS Investment Management, an estimated $177M added.
- The largest Turquoise Hill Resources Ltd seller in Q4 2013 was Citigroup, an estimated $111M sold.
Based on aggregated 13F filings for Q4 2013.