Turquoise Hill share structure sees changes
According to filings to the United States Securities and Exchange Commission (SEC), several institutional investors and hedge funds have added to or reduced their stakes in the stock in Turquoise Hill Resources.
Bank of Nova Scotia has decreased its position in shares of Turquoise Hill Resources by 9.1 percent during the second quarter, according to the company’s most recent filing with the SEC.
The institutional investor now owns 864,090 shares of the basic materials company’s stock after selling 86,197 shares during the second quarter. Bank of Nova Scotia’s holdings in Turquoise Hill Resources were worth 2.4 million USD at the end of the most recent quarter.
Millennium Management LLC increased its stake in shares of Turquoise Hill Resources by 18.7 percent during the second quarter. Millennium Management LLC now owns 3.2 million of the basic materials company’s stock valued at 9.2 million USD after buying an additional 514,710 shares in the last quarter.
Tower Research Capital LLC also increased its stake in shares of Turquoise Hill Resources by 38.6 percent during the second quarter. Tower Research Capital LLC now owns 84,942 shares of the basic materials company’s stock valued at 240,000 USD after buying an additional 23,671 shares in the last quarter.
Bank of America Corp DE lifted its stake in shares of Turquoise Hill Resources by 239.1 percent during the second quarter. Bank of America Corp DE now owns 444,396 shares of the basic materials company’s stock valued at 1.2 million USD after buying an additional 313,360 shares in the last quarter. Luminus Management LLC purchased a new position in shares of Turquoise Hill Resources during the second quarter valued at 1.1 million USD.
Another institutional investor, Korea Investment CORP, raised its stake in shares of Turquoise Hill Resources by 48.8 percent during the second quarter. Korea Investment CORP now owns 103,735 shares of the basic materials company’s stock valued at 293,000 USD after buying an additional 34,000 shares in the last quarter. Institutional investors own 34.86 percent of the company’s stock.