Turquoise Hill Resources Ltd
TRQ was delisted on the 15th of December, 2022.
107 hedge funds and large institutions have $580M invested in Turquoise Hill Resources Ltd in 2020 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 27 reducing their positions, and 17 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 27
9% more capital invested
Capital invested by funds: $531M → $580M (+$49.7M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
3% less funds holding
Funds holding: 110 → 107 (-3)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
66% less call options, than puts
Call options by funds: $389K | Put options by funds: $1.15M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$11.2M |
| 2 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$10.1M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$7.59M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.35M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$21.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$14.8M |
| 3 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$14.3M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$10.7M |
| 5 |
EMG
ETF Managers Group
Summit,
New Jersey
|
-$5.83M |
TRQ Hedge Fund Activity: Q3 2020 in Review
107 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Turquoise Hill Resources Ltd (TRQ) for Q3 2020, worth a combined $580M — up 9.4% from $531M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TRQ and 14 opened new positions — a net loss of 3 holders — while 27 trimmed existing stakes and 33 added.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $11.2M. The largest seller was Russell Investments Group, cutting an estimated $21.5M.
- 107 institutional investors held Turquoise Hill Resources Ltd (TRQ) as of Q3 2020, down from 110 in Q2 2020.
- Funds reported $580M of Turquoise Hill Resources Ltd stock for Q3 2020, up 9.4% quarter-over-quarter.
- 14 funds opened new Turquoise Hill Resources Ltd positions in Q3 2020 and 17 closed out, a net change of -3 holders.
- The largest Turquoise Hill Resources Ltd buyer in Q3 2020 was Wellington Management Group, an estimated $11.2M added.
- The largest Turquoise Hill Resources Ltd seller in Q3 2020 was Russell Investments Group, an estimated $21.5M sold.
Based on aggregated 13F filings for Q3 2020.