Turquoise Hill Resources Ltd
TRQ was delisted on the 15th of December, 2022.
132 hedge funds and large institutions have $2.17B invested in Turquoise Hill Resources Ltd in 2022 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 32 increasing their positions, 37 reducing their positions, and 17 closing their positions.
153% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 17
81% more capital invested
Capital invested by funds: $1.2B → $2.17B (+$971M)
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+4)
22% more funds holding
Funds holding: 108 → 132 (+24)
14% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 37
17% less call options, than puts
Call options by funds: $49.4M | Put options by funds: $59.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LC
L1 Capital
Melbourne VIC 3000,
Australia
|
+$48.6M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$39.7M |
| 3 |
D.E. Shaw & Co
New York
|
+$30.4M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$13.4M |
| 5 |
HP
Hound Partners
New York
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$157M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$59.1M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$39M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$9.58M |
| 5 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$7.28M |
TRQ Hedge Fund Activity: Q1 2022 in Review
132 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Turquoise Hill Resources Ltd (TRQ) for Q1 2022, worth a combined $2.17B — up 81% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new TRQ positions and 17 closed out — a net gain of 26 holders — while 32 added to existing stakes and 37 trimmed.
The largest buyer was L1 Capital, opening a new position worth an estimated $48.6M. The largest seller was Kopernik Global Investors, cutting an estimated $157M.
- 132 institutional investors held Turquoise Hill Resources Ltd (TRQ) as of Q1 2022, up from 108 in Q4 2021.
- Funds reported $2.17B of Turquoise Hill Resources Ltd stock for Q1 2022, up 81% quarter-over-quarter.
- 43 funds opened new Turquoise Hill Resources Ltd positions in Q1 2022 and 17 closed out, a net change of +26 holders.
- The largest Turquoise Hill Resources Ltd buyer in Q1 2022 was L1 Capital, an estimated $48.6M added.
- The largest Turquoise Hill Resources Ltd seller in Q1 2022 was Kopernik Global Investors, an estimated $157M sold.
Based on aggregated 13F filings for Q1 2022.