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West Fraser Timber

199 hedge funds and large institutions have $2.76B invested in West Fraser Timber in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 70 increasing their positions, 82 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

156% more call options, than puts

Call options by funds: $53.2M | Put options by funds: $20.8M

4% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 28

1% more capital invested

Capital invested by funds: $2.73B → $2.76B (+$25M)

1% more funds holding

Funds holding: 198199 (+1)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

0.79% less ownership

Funds ownership: 39.48%38.69% (-0.79%)

15% less repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 82

Holders
199
Holders Change
+1
Holders Change %
+0.51%
% of All Funds
2.87%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
29
Increased
70
Reduced
82
Closed
28
Calls
$53.2M
Puts
$20.8M
Net Calls
+$32.4M
Net Calls Change
+$30.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$278M +$32.8M +401,567 +14%
Vanguard Group
2
Vanguard Group
Pennsylvania
$240M -$2.96M -36,223 -1%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$207M +$11.6M +141,974 +6%
Pictet Asset Management
4
Pictet Asset Management
Switzerland
$180M -$102M -1,246,698 -37%
Fidelity International
5
Fidelity International
Bermuda
$117M +$62.3M +761,660 +128%
Connor, Clark & Lunn Investment Management (CC&L)
6
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$106M -$3.72M -45,528 -4%
LBA
7
Letko, Brosseau & Associates
Quebec, Canada
$98.2M +$149K +1,828 +0.2%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$96.2M -$4.97M -60,834 -5%
T. Rowe Price Associates
9
T. Rowe Price Associates
Maryland
$95.9M -$2.94M -35,952 -3%
Norges Bank
10
Norges Bank
Norway
$80.8M +$3.41M +41,724 +5%
1832 Asset Management
11
1832 Asset Management
Ontario, Canada
$72.2M +$43.8M +535,708 +179%
VLKIM
12
Van Lanschot Kempen Investment Management
Netherlands
$70.3M +$1.83M +22,384 +4%
Mackenzie Financial
13
Mackenzie Financial
Ontario, Canada
$65.4M -$255K -3,118 -0.4%
GA
14
GRS Advisors
Illinois
$52.2M +$12.1M +148,214 +33%
Grantham, Mayo, Van Otterloo & Co (GMO)
15
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$48.2M -$3.06M -37,375 -6%
Bank of America
16
Bank of America
North Carolina
$45.6M +$10.7M +130,761 +33%
Vontobel Holding
17
Vontobel Holding
Switzerland
$43.8M +$227K +2,778 +0.6%
Millennium Management
18
Millennium Management
New York
$43.5M +$29.2M +357,713 +246%
Goldman Sachs
19
Goldman Sachs
New York
$33.7M -$9.78M -119,631 -23%
TD Asset Management
20
TD Asset Management
Ontario, Canada
$31.5M +$227K +2,778 +0.8%
RR
21
Robotti Robert
$29M +$47.5K +581 +0.2%
JP Morgan Chase
22
JP Morgan Chase
New York
$25.6M -$1.42M -17,414 -6%
WCA
23
Waratah Capital Advisors
Ontario, Canada
$24.9M +$23.5M +287,868 New
Legal & General Group
24
Legal & General Group
United Kingdom
$23.1M -$678K -8,295 -3%
CIBC World Market
25
CIBC World Market
Ontario, Canada
$22M +$15.8M +192,720 +313%

WFG Hedge Fund Activity: Q1 2024 in Review

199 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in West Fraser Timber (WFG) for Q1 2024, worth a combined $2.76B — up 0.91% from $2.73B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new WFG positions and 28 closed out — a net gain of 1 holder — while 70 added to existing stakes and 82 trimmed.

The largest buyer was Fidelity International, adding an estimated $62.3M. The largest seller was Pictet Asset Management, cutting an estimated $102M.

  • 199 institutional investors held West Fraser Timber (WFG) as of Q1 2024, up from 198 in Q4 2023.
  • Funds reported $2.76B of West Fraser Timber stock for Q1 2024, up 0.91% quarter-over-quarter.
  • 29 funds opened new West Fraser Timber positions in Q1 2024 and 28 closed out, a net change of +1 holder.
  • The largest West Fraser Timber buyer in Q1 2024 was Fidelity International, an estimated $62.3M added.
  • The largest West Fraser Timber seller in Q1 2024 was Pictet Asset Management, an estimated $102M sold.

Based on aggregated 13F filings for Q1 2024.