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West Fraser Timber

200 hedge funds and large institutions have $2.13B invested in West Fraser Timber in 2022 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 47 increasing their positions, 95 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

85% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 20

53% more call options, than puts

Call options by funds: $7.43M | Put options by funds: $4.86M

9% more funds holding

Funds holding: 184200 (+16)

1% less capital invested

Capital invested by funds: $2.15B → $2.13B (-$19.3M)

1.45% less ownership

Funds ownership: 37.36%35.91% (-1.4%)

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

51% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 95

Holders
200
Holders Change
+16
Holders Change %
+8.7%
% of All Funds
3.21%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
37
Increased
47
Reduced
95
Closed
20
Calls
$7.43M
Puts
$4.86M
Net Calls
+$2.57M
Net Calls Change
-$119K
Name Holding Trade Value Shares
Change
Change in
Stake
PAMS
1
Pictet Asset Management (Switzerland)
Switzerland
$272M +$9.29M +121,787 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$198M -$678K -8,894 -0.3%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$146M -$5.97M -78,294 -4%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$130M -$5.98M -78,382 -4%
Norges Bank
5
Norges Bank
Norway
$117M -$49.5M -648,667 -29%
LBA
6
Letko, Brosseau & Associates
Quebec, Canada
$81.4M -$4.62M -60,620 -5%
Mackenzie Financial
7
Mackenzie Financial
Ontario, Canada
$68.3M -$22.4M -293,864 -24%
VLKIM
8
Van Lanschot Kempen Investment Management
Netherlands
$54.7M +$1.84M +24,159 +5%
Skandinaviska Enskilda Banken (SEB)
9
Skandinaviska Enskilda Banken (SEB)
Sweden
$49.6M -$3.82M -50,145 -7%
Connor, Clark & Lunn Investment Management (CC&L)
10
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$41.1M +$598K +7,840 +1%
Grantham, Mayo, Van Otterloo & Co (GMO)
11
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$39.4M +$2.54M +33,300 +7%
Vontobel Holding
12
Vontobel Holding
Switzerland
$37.7M +$1.68M +22,086 +4%
SAM
13
Scopus Asset Management
New York
$35.2M -$3.81M -50,000 -9%
HKAM
14
Horizon Kinetics Asset Management
New York
$34.9M -$856K -11,231 -2%
Allianz Asset Management
15
Allianz Asset Management
Germany
$33.2M -$24M -314,971 -41%
Millennium Management
16
Millennium Management
New York
$28.9M +$19.7M +257,798 +181%
JP Morgan Chase
17
JP Morgan Chase
New York
$28.5M -$1.89M -24,766 -6%
GA
18
GRS Advisors
Illinois
$27.4M +$5.17M +67,775 +22%
Citadel Advisors
19
Citadel Advisors
Florida
$25.8M +$15.1M +197,441 +124%
Morgan Stanley
20
Morgan Stanley
New York
$25.7M -$26.6M -349,236 -50%
Legal & General Group
21
Legal & General Group
United Kingdom
$25.6M -$4.79M -62,844 -15%
RR
22
Robotti Robert
$24.7M -$2.41M -31,601 -8%
T. Rowe Price Associates
23
T. Rowe Price Associates
Maryland
$22.4M +$1.88M +24,634 +9%
Goldman Sachs
24
Goldman Sachs
New York
$21.8M -$12.1M -158,556 -34%
HSBC Holdings
25
HSBC Holdings
United Kingdom
$20.2M +$1.89M +24,793 +10%

WFG Hedge Fund Activity: Q4 2022 in Review

200 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in West Fraser Timber (WFG) for Q4 2022, worth a combined $2.13B — down 0.9% from $2.15B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new WFG positions and 20 closed out — a net gain of 17 holders — while 47 added to existing stakes and 95 trimmed.

The largest buyer was Millennium Management, adding an estimated $19.7M. The largest seller was Norges Bank, cutting an estimated $49.5M.

  • 200 institutional investors held West Fraser Timber (WFG) as of Q4 2022, up from 184 in Q3 2022.
  • Funds reported $2.13B of West Fraser Timber stock for Q4 2022, down 0.9% quarter-over-quarter.
  • 37 funds opened new West Fraser Timber positions in Q4 2022 and 20 closed out, a net change of +17 holders.
  • The largest West Fraser Timber buyer in Q4 2022 was Millennium Management, an estimated $19.7M added.
  • The largest West Fraser Timber seller in Q4 2022 was Norges Bank, an estimated $49.5M sold.

Based on aggregated 13F filings for Q4 2022.