West Fraser Timber
203 hedge funds and large institutions have $2.28B invested in West Fraser Timber in 2023 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 73 increasing their positions, 81 reducing their positions, and 18 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
52% more call options, than puts
Call options by funds: $35.7M | Put options by funds: $23.5M
28% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 18
2% more funds holding
Funds holding: 199 → 203 (+4)
0.25% more ownership
Funds ownership: 38.08% → 38.33% (+0.25%)
10% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 81
15% less capital invested
Capital invested by funds: $2.68B → $2.28B (-$403M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BA
Bridgewater Advisors
New York
|
+$85.8M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$23.8M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$15M |
| 4 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
+$8.34M |
| 5 |
SCM
Smead Capital Management
Phoenix,
Arizona
|
+$7.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$28M |
| 2 |
GAM
Goldentree Asset Management
New York
|
-$20.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$15.1M |
| 4 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$13.3M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$11.9M |
WFG Hedge Fund Activity: Q3 2023 in Review
203 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in West Fraser Timber (WFG) for Q3 2023, worth a combined $2.28B — down 15% from $2.68B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new WFG positions and 18 closed out — a net gain of 5 holders — while 73 added to existing stakes and 81 trimmed.
The largest buyer was Bridgewater Advisors, opening a new position worth an estimated $85.8M. The largest seller was Point72 Asset Management, cutting an estimated $28M.
- 203 institutional investors held West Fraser Timber (WFG) as of Q3 2023, up from 199 in Q2 2023.
- Funds reported $2.28B of West Fraser Timber stock for Q3 2023, down 15% quarter-over-quarter.
- 23 funds opened new West Fraser Timber positions in Q3 2023 and 18 closed out, a net change of +5 holders.
- The largest West Fraser Timber buyer in Q3 2023 was Bridgewater Advisors, an estimated $85.8M added.
- The largest West Fraser Timber seller in Q3 2023 was Point72 Asset Management, an estimated $28M sold.
Based on aggregated 13F filings for Q3 2023.