West Fraser Timber
199 hedge funds and large institutions have $2.68B invested in West Fraser Timber in 2023 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 69 increasing their positions, 75 reducing their positions, and 22 closing their positions.
115% more call options, than puts
Call options by funds: $21.9M | Put options by funds: $10.2M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
27% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 22
25% more capital invested
Capital invested by funds: $2.15B → $2.68B (+$534M)
3% more funds holding
Funds holding: 193 → 199 (+6)
1.58% more ownership
Funds ownership: 36.5% → 38.08% (+1.6%)
8% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$58.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$33.1M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$23.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$14.8M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$13.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$33.3M |
| 2 |
Morgan Stanley
New York
|
-$18.1M |
| 3 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
-$14.6M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$9.35M |
| 5 |
Millennium Management
New York
|
-$8.66M |
WFG Hedge Fund Activity: Q2 2023 in Review
199 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in West Fraser Timber (WFG) for Q2 2023, worth a combined $2.68B — up 25% from $2.15B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new WFG positions and 22 closed out — a net gain of 6 holders — while 69 added to existing stakes and 75 trimmed.
The largest buyer was British Columbia Investment Management, adding an estimated $58.6M. The largest seller was Skandinaviska Enskilda Banken (SEB), cutting an estimated $33.3M.
- 199 institutional investors held West Fraser Timber (WFG) as of Q2 2023, up from 193 in Q1 2023.
- Funds reported $2.68B of West Fraser Timber stock for Q2 2023, up 25% quarter-over-quarter.
- 28 funds opened new West Fraser Timber positions in Q2 2023 and 22 closed out, a net change of +6 holders.
- The largest West Fraser Timber buyer in Q2 2023 was British Columbia Investment Management, an estimated $58.6M added.
- The largest West Fraser Timber seller in Q2 2023 was Skandinaviska Enskilda Banken (SEB), an estimated $33.3M sold.
Based on aggregated 13F filings for Q2 2023.