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West Fraser Timber

198 hedge funds and large institutions have $2.73B invested in West Fraser Timber in 2023 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 74 increasing their positions, 74 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

87% more call options, than puts

Call options by funds: $4.58M | Put options by funds: $2.45M

20% more capital invested

Capital invested by funds: $2.28B → $2.73B (+$454M)

1.14% more ownership

Funds ownership: 38.33%39.48% (+1.1%)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

0% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 74

2% less funds holding

Funds holding: 203198 (-5)

14% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 28

Holders
198
Holders Change
-5
Holders Change %
-2.46%
% of All Funds
2.89%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
24
Increased
74
Reduced
74
Closed
28
Calls
$4.58M
Puts
$2.45M
Net Calls
+$2.14M
Net Calls Change
-$10.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Pictet Asset Management
1
Pictet Asset Management
Switzerland
$286M -$5.44M -73,541 -2%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$241M +$37M +499,381 +22%
Vanguard Group
3
Vanguard Group
Pennsylvania
$241M +$2.1M +28,399 +1%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$190M +$10.9M +147,526 +7%
Connor, Clark & Lunn Investment Management (CC&L)
5
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$109M +$20.7M +279,454 +28%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$101M +$6.28M +84,817 +8%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$98M +$20.2M +272,283 +31%
LBA
8
Letko, Brosseau & Associates
Quebec, Canada
$97.5M +$691K +9,336 +0.8%
BA
9
Bridgewater Advisors
New York
$93.4M
Norges Bank
10
Norges Bank
Norway
$76.4M -$4.29M -57,976 -6%
VLKIM
11
Van Lanschot Kempen Investment Management
Netherlands
$65.6M +$7.59M +102,560 +22%
Mackenzie Financial
12
Mackenzie Financial
Ontario, Canada
$65.1M +$3.25M +43,859 +6%
Grantham, Mayo, Van Otterloo & Co (GMO)
13
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$51.1M +$1.14M +15,448 +3%
Fidelity International
14
Fidelity International
Bermuda
$50.9M +$43.5M +587,028 +7,655%
Goldman Sachs
15
Goldman Sachs
New York
$43.6M +$23.3M +314,750 +162%
Vontobel Holding
16
Vontobel Holding
Switzerland
$43.2M +$1.96M +26,501 +6%
GA
17
GRS Advisors
Illinois
$39M +$4.33M +58,488 +15%
Bank of America
18
Bank of America
North Carolina
$34M +$15.9M +215,431 +119%
KL
19
KGH Ltd
Bahamas
$33.8M +$5.55M +75,000 +23%
TD Asset Management
20
TD Asset Management
Ontario, Canada
$31.1M +$1.42M +19,124 +6%
RR
21
Robotti Robert
$28.7M -$145K -1,960 -0.6%
JP Morgan Chase
22
JP Morgan Chase
New York
$26.9M -$2.1M -28,414 -8%
1832 Asset Management
23
1832 Asset Management
Ontario, Canada
$25.7M +$5.16M +69,688 +30%
Legal & General Group
24
Legal & General Group
United Kingdom
$23.7M -$2.41M -32,550 -11%
MRCP
25
Maple Rock Capital Partners
Ontario, Canada
$23.4M +$12.4M +167,150 +158%

WFG Hedge Fund Activity: Q4 2023 in Review

198 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in West Fraser Timber (WFG) for Q4 2023, worth a combined $2.73B — up 20% from $2.28B a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of WFG and 24 opened new positions — a net loss of 4 holders — while 74 trimmed existing stakes and 74 added.

The largest buyer was Fidelity International, adding an estimated $43.5M. The largest seller was British Columbia Investment Management, cutting an estimated $51.1M.

  • 198 institutional investors held West Fraser Timber (WFG) as of Q4 2023, down from 203 in Q3 2023.
  • Funds reported $2.73B of West Fraser Timber stock for Q4 2023, up 20% quarter-over-quarter.
  • 24 funds opened new West Fraser Timber positions in Q4 2023 and 28 closed out, a net change of -4 holders.
  • The largest West Fraser Timber buyer in Q4 2023 was Fidelity International, an estimated $43.5M added.
  • The largest West Fraser Timber seller in Q4 2023 was British Columbia Investment Management, an estimated $51.1M sold.

Based on aggregated 13F filings for Q4 2023.