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West Fraser Timber

193 hedge funds and large institutions have $2.15B invested in West Fraser Timber in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 72 increasing their positions, 77 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more call options, than puts

Call options by funds: $17.1M | Put options by funds: $14.1M

1% more capital invested

Capital invested by funds: $2.13B → $2.15B (+$14.4M)

0.59% more ownership

Funds ownership: 35.91%36.5% (+0.59%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

6% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 77

4% less funds holding

Funds holding: 200193 (-7)

21% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 28

Holders
193
Holders Change
-7
Holders Change %
-3.5%
% of All Funds
3.08%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
22
Increased
72
Reduced
77
Closed
28
Calls
$17.1M
Puts
$14.1M
Net Calls
+$3M
Net Calls Change
+$432K
Name Holding Trade Value Shares
Change
Change in
Stake
PAMS
1
Pictet Asset Management (Switzerland)
Switzerland
$265M -$3.9M -50,785 -1%
Vanguard Group
2
Vanguard Group
Pennsylvania
$192M -$2.8M -36,473 -1%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$139M -$5.07M -66,014 -3%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$134M +$6.04M +78,657 +4%
LBA
5
Letko, Brosseau & Associates
Quebec, Canada
$79.9M -$507K -6,597 -0.6%
Norges Bank
6
Norges Bank
Norway
$72.4M -$46.3M -602,024 -37%
VLKIM
7
Van Lanschot Kempen Investment Management
Netherlands
$61.1M +$5.7M +74,133 +13%
Mackenzie Financial
8
Mackenzie Financial
Ontario, Canada
$60.6M -$7.48M -97,342 -10%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$54.2M +$42.4M +552,378 +267%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$49.6M +$29.7M +386,371 +125%
Connor, Clark & Lunn Investment Management (CC&L)
11
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$43.3M +$2.87M +37,323 +7%
Skandinaviska Enskilda Banken (SEB)
12
Skandinaviska Enskilda Banken (SEB)
Sweden
$37.4M -$12.4M -161,925 -24%
Vontobel Holding
13
Vontobel Holding
Switzerland
$36.8M -$562K -7,307 -1%
Grantham, Mayo, Van Otterloo & Co (GMO)
14
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$36.7M -$2.31M -30,000 -6%
HKAM
15
Horizon Kinetics Asset Management
New York
$32.4M -$2.16M -28,058 -6%
Morgan Stanley
16
Morgan Stanley
New York
$30.6M +$5.64M +73,359 +21%
Millennium Management
17
Millennium Management
New York
$30.3M +$1.95M +25,363 +6%
Point72 Asset Management
18
Point72 Asset Management
Connecticut
$29.3M +$31.7M +411,872 New
Allianz Asset Management
19
Allianz Asset Management
Germany
$28.8M -$4.2M -54,677 -12%
GA
20
GRS Advisors
Illinois
$28.5M +$1.62M +21,128 +6%
SAM
21
Scopus Asset Management
New York
$26.2M -$9.22M -120,000 -25%
RR
22
Robotti Robert
$24.3M -$10.8K -141 -0%
GAM
23
Goldentree Asset Management
New York
$23.4M +$25.3M +328,750 New
JP Morgan Chase
24
JP Morgan Chase
New York
$23.4M -$5.04M -65,580 -17%
Legal & General Group
25
Legal & General Group
United Kingdom
$23.2M -$2.26M -29,403 -8%

WFG Hedge Fund Activity: Q1 2023 in Review

193 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in West Fraser Timber (WFG) for Q1 2023, worth a combined $2.15B — up 0.67% from $2.13B a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of WFG and 22 opened new positions — a net loss of 6 holders — while 77 trimmed existing stakes and 72 added.

The largest buyer was Fidelity Investments, adding an estimated $42.4M. The largest seller was Norges Bank, cutting an estimated $46.3M.

  • 193 institutional investors held West Fraser Timber (WFG) as of Q1 2023, down from 200 in Q4 2022.
  • Funds reported $2.15B of West Fraser Timber stock for Q1 2023, up 0.67% quarter-over-quarter.
  • 22 funds opened new West Fraser Timber positions in Q1 2023 and 28 closed out, a net change of -6 holders.
  • The largest West Fraser Timber buyer in Q1 2023 was Fidelity Investments, an estimated $42.4M added.
  • The largest West Fraser Timber seller in Q1 2023 was Norges Bank, an estimated $46.3M sold.

Based on aggregated 13F filings for Q1 2023.