Turquoise Hill Resources Ltd
TRQ was delisted on the 15th of December, 2022.
148 hedge funds and large institutions have $989M invested in Turquoise Hill Resources Ltd in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 49 increasing their positions, 54 reducing their positions, and 33 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
9% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 54
11% less funds holding
Funds holding: 166 → 148 (-18)
24% less capital invested
Capital invested by funds: $1.31B → $989M (-$318M)
52% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 33
83% less call options, than puts
Call options by funds: $49K | Put options by funds: $288K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$20.9M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$20.1M |
| 3 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$20.1M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$11M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$7.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$45M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$8.24M |
| 3 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$8.19M |
| 4 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$5.57M |
| 5 |
Legal & General Group
London,
United Kingdom
|
-$3.98M |
TRQ Hedge Fund Activity: Q2 2019 in Review
148 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Turquoise Hill Resources Ltd (TRQ) for Q2 2019, worth a combined $989M — down 24% from $1.31B a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of TRQ and 16 opened new positions — a net loss of 17 holders — while 54 trimmed existing stakes and 49 added.
The largest buyer was Nomura Holdings, opening a new position worth an estimated $20.9M. The largest seller was SailingStone Capital Partners, cutting an estimated $45M.
- 148 institutional investors held Turquoise Hill Resources Ltd (TRQ) as of Q2 2019, down from 166 in Q1 2019.
- Funds reported $989M of Turquoise Hill Resources Ltd stock for Q2 2019, down 24% quarter-over-quarter.
- 16 funds opened new Turquoise Hill Resources Ltd positions in Q2 2019 and 33 closed out, a net change of -17 holders.
- The largest Turquoise Hill Resources Ltd buyer in Q2 2019 was Nomura Holdings, an estimated $20.9M added.
- The largest Turquoise Hill Resources Ltd seller in Q2 2019 was SailingStone Capital Partners, an estimated $45M sold.
Based on aggregated 13F filings for Q2 2019.