West Fraser Timber
198 hedge funds and large institutions have $2.73B invested in West Fraser Timber in 2023 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 74 increasing their positions, 74 reducing their positions, and 28 closing their positions.
87% more call options, than puts
Call options by funds: $4.58M | Put options by funds: $2.45M
20% more capital invested
Capital invested by funds: $2.28B → $2.73B (+$454M)
1.14% more ownership
Funds ownership: 38.33% → 39.48% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 74
2% less funds holding
Funds holding: 203 → 198 (-5)
14% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$43.5M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$37M |
| 3 |
Goldman Sachs
New York
|
+$23.3M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$20.7M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$20.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$51.1M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$17.8M |
| 3 |
Millennium Management
New York
|
-$15.1M |
| 4 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$13.8M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$10.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
EARNEST Partners
Atlanta,
Georgia
| – | -$1.18K | -12 | Closed |
|
WFG Hedge Fund Activity: Q4 2023 in Review
198 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in West Fraser Timber (WFG) for Q4 2023, worth a combined $2.73B — up 20% from $2.28B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of WFG and 24 opened new positions — a net loss of 4 holders — while 74 trimmed existing stakes and 74 added.
The largest buyer was Fidelity International, adding an estimated $43.5M. The largest seller was British Columbia Investment Management, cutting an estimated $51.1M.
- 198 institutional investors held West Fraser Timber (WFG) as of Q4 2023, down from 203 in Q3 2023.
- Funds reported $2.73B of West Fraser Timber stock for Q4 2023, up 20% quarter-over-quarter.
- 24 funds opened new West Fraser Timber positions in Q4 2023 and 28 closed out, a net change of -4 holders.
- The largest West Fraser Timber buyer in Q4 2023 was Fidelity International, an estimated $43.5M added.
- The largest West Fraser Timber seller in Q4 2023 was British Columbia Investment Management, an estimated $51.1M sold.
Based on aggregated 13F filings for Q4 2023.