West Fraser Timber
207 hedge funds and large institutions have $2.34B invested in West Fraser Timber in 2024 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 68 increasing their positions, 73 reducing their positions, and 27 closing their positions.
44% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 27
18% more call options, than puts
Call options by funds: $6.36M | Put options by funds: $5.38M
4% more funds holding
Funds holding: 199 → 207 (+8)
0.64% less ownership
Funds ownership: 38.69% → 38.05% (-0.64%)
7% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 73
15% less capital invested
Capital invested by funds: $2.76B → $2.34B (-$414M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$108M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$54.4M |
| 3 |
Charles Schwab
San Francisco,
California
|
+$23.8M |
| 4 |
GCM
Galibier Capital Management
Toronto,
Ontario, Canada
|
+$13.4M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$69M |
| 2 |
Pictet Asset Management
Carouge,
Switzerland
|
-$60.7M |
| 3 |
Millennium Management
New York
|
-$39.5M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$38.5M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$37.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Two Sigma Advisers
New York
| – | -$242K | -2,800 | Closed |
|
227
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$235K | -2,715 | Closed |
|
|
VF
228
Virtu Financial
New York
| – | -$218K | -2,524 | Closed |
|
|
UM
229
UniSuper Management
Melbourne, Victoria,
Australia
| – | -$93.6K | -800 | Closed |
|
|
IGWM
230
ICA Group Wealth Management
Denver,
Colorado
| – | -$43.2K | -500 | Closed |
|
|
GAM
231
Groupama Asset Management
Paris,
France
| – | -$35.7K | -413 | Closed |
|
232
Optiver Holding
Amsterdam,
Netherlands
| – | -$15.6K | -180 | Closed |
|
|
SAM
233
Smartleaf Asset Management
Boston,
Massachusetts
| – | -$1.22K | -14 | Closed |
|
|
GRP
234
Global Retirement Partners
San Rafael,
California
| – | -$1.12K | -13 | Closed |
|
WFG Hedge Fund Activity: Q2 2024 in Review
207 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in West Fraser Timber (WFG) for Q2 2024, worth a combined $2.34B — down 15% from $2.76B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new WFG positions and 27 closed out — a net gain of 12 holders — while 68 added to existing stakes and 73 trimmed.
The largest buyer was Fidelity International, adding an estimated $108M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $69M.
- 207 institutional investors held West Fraser Timber (WFG) as of Q2 2024, up from 199 in Q1 2024.
- Funds reported $2.34B of West Fraser Timber stock for Q2 2024, down 15% quarter-over-quarter.
- 39 funds opened new West Fraser Timber positions in Q2 2024 and 27 closed out, a net change of +12 holders.
- The largest West Fraser Timber buyer in Q2 2024 was Fidelity International, an estimated $108M added.
- The largest West Fraser Timber seller in Q2 2024 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $69M sold.
Based on aggregated 13F filings for Q2 2024.