Vault-13

RESOLUTE FST PRODS INC RFP

COM · Common Stock · CUSIP 76117W109

166 institutional holders +2 vs Q3 2022
67,260,47067.3m shares reported held*
$1.5bnreported value*
20 new 49 added 61 reduced 19 sold out net sold ≈ $30.3m (-1.4m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($142.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $21.59. Options: 13 managers hold calls ($9.8m notional), 13 hold puts ($12.8m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 164Q4 22: 166166Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022164
Q4 2022166

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50m$100m$150mQ3 22 calls: $102.7mQ3 22 puts: $12.6mQ3 22P/C 0.12Q4 22 calls: $9.8mQ4 22 puts: $12.8mQ4 22P/C 1.30
Numbers
QuarterCallsPutsP/C
Q3 2022$102.7m$12.6m0.12
Q4 2022$9.8m$12.8m1.30

Biggest buyers

Connor, Clark & Lunn Investment Management Ltd. Added +810,746+810.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +680,228+680.2k
Diameter Capital Partners LP New +635,123+635.1k
Grantham, Mayo, Van Otterloo & Co. LLC Added +448,774+448.8k
MILLENNIUM MANAGEMENT LLC Added +420,506+420.5k
Qube Research & Technologies Ltd Added +359,957+360.0k
DEUTSCHE BANK AG\ Added +258,488+258.5k
TIG Advisors, LLC Added +234,812+234.8k
MARSHALL WACE, LLP Added +181,676+181.7k
HSBC HOLDINGS PLC Added +180,198+180.2k

Biggest sellers

Chou Associates Management Inc. Reduced -1,725,000-1.7m
Pentwater Capital Management LP Sold out -1,135,843-1.1m
DONALD SMITH & CO., INC. Reduced -442,511-442.5k
Cambria Investment Management, L.P. Reduced -289,878-289.9k
AQR Arbitrage LLC Reduced -285,785-285.8k
TWO SIGMA ADVISERS, LP Reduced -234,652-234.7k
Verition Fund Management LLC Reduced -226,526-226.5k
Odey Asset Management Group Ltd Sold out -208,978-209.0k
GOLDMAN SACHS GROUP INC Reduced -207,709-207.7k
LSV ASSET MANAGEMENT Sold out -190,148-190.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.5m160.9k shares
PEAK6 Investments LLC Reduced $1.5m69.4k shares
Centiva Capital, LP Reduced $1.0m46.6k shares
WOLVERINE TRADING, LLC Reduced $753.0k34.9k shares
CITADEL ADVISORS LLC Reduced $747.0k34.6k shares
EQUITEC PROPRIETARY MARKETS, LLC Unchanged $712.5k33.0k shares
GROUP ONE TRADING LLC Reduced $505.2k23.4k shares
SIMPLEX TRADING, LLC Reduced $470.0k21.8k shares
Caption Management, LLC Reduced $377.8k17.5k shares
CSS LLC/IL Unchanged $280.7k13.0k shares

Biggest puts

PEAK6 Investments LLC Unchanged $2.8m131.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.6m120.3k shares
SIMPLEX TRADING, LLC Reduced $2.1m95.7k shares
GROUP ONE TRADING LLC Reduced $1.8m83.0k shares
CITADEL ADVISORS LLC Reduced $1.5m70.8k shares
SIG North Trading, ULC New $608.9k28.4k shares
JANE STREET GROUP, LLC Reduced $520.3k24.1k shares
Crystalline Management Inc. First filing $412.4k19.1k shares
CSS LLC/IL Added $356.2k16.5k shares
EQUITEC PROPRIETARY MARKETS, LLC Reduced $43.2k2.0k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FAIRFAX FINANCIAL HOLDINGS LTD/ CAN 16.40% of their portfolio TORONTO, A6 30,548,19030.5m $659.5m $659.5m 16.40% Unchanged
2 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 4,475,8614.5m $96.6m $96.6m 0.03% Reduced -59.6k -59,648
3 BlackRock Inc. 0.00% of their portfolio New York, NY 3,191,0033.2m $68.9m $68.9m 0.00% Added +26.4k +26,415
4 Connor, Clark & Lunn Investment Management Ltd. 0.29% of their portfolio VANCOUVER, A1 2,333,0502.3m $50.3m $50.3m 0.29% Added +810.7k +810,746
5 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,319,8072.3m $50.1m $50.1m 0.00% Added +15.0k +15,031
6 Grantham, Mayo, Van Otterloo & Co. LLC 0.22% of their portfolio Boston, MA 1,907,3111.9m $41.2m $41.2m 0.22% Added +448.8k +448,774
7 WATER ISLAND CAPITAL LLC 2.06% of their portfolio NEW YORK, NY 1,126,8401.1m $24.3m $24.3m 2.06% Reduced -116.5k -116,461
8 TIG Advisors, LLC 1.38% of their portfolio New York, NY 933,009933.0k $20.1m $20.1m 1.38% Added +234.8k +234,812
9 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 862,345862.3k $18.6m $18.6m 0.01% Added +100.5k +100,476
10 Magnetar Financial LLC 0.31% of their portfolio EVANSTON, IL 854,990855.0k $18.5m $18.5m 0.31% Reduced -49.3k -49,264
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 838,793838.8k $18.1m $18.1m 0.00% Added +23.9k +23,926
12 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 827,063827.1k $17.9m $17.9m 0.00% Added +7.4k +7,438
13 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 820,397820.4k $17.7m $17.7m 0.02% Added +420.5k +420,506
14 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 756,061756.1k $16.3m $16.3m 0.03% Added +680.2k +680,228
15 DONALD SMITH & CO., INC. 0.62% of their portfolio NEW YORK, NY 733,145733.1k $15.8m $15.8m 0.62% Reduced -442.5k -442,511
16 PRIVATE MANAGEMENT GROUP INC 0.63% of their portfolio IRVINE, CA 658,779658.8k $14.2m $14.2m 0.63% Reduced -37.7k -37,713
17 Diameter Capital Partners LP 3.88% of their portfolio New York, NY 635,123635.1k $13.7m $13.7m 3.88% New
18 MANGROVE PARTNERS IM, LLC 0.72% of their portfolio Greenwich, CT 574,737574.7k $12.4m $12.4m 0.72% Unchanged
19 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.32% of their portfolio HOUSTON, TX 571,500571.5k $12.3m $12.3m 0.32% Unchanged
20 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio BOSTON, MA 537,717537.7k $11.6m $11.6m 0.02% Reduced -125.0k -125,017
21 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 461,600461.6k $10.0m $10.0m 0.00% Reduced -3.9k -3,870
22 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 455,499455.5k $9.8m $9.8m 0.02% Added +43.4k +43,407
23 Qube Research & Technologies Ltd 0.06% of their portfolio LONDON, X0 451,031451.0k $9.7m $9.7m 0.06% Added +360.0k +359,957
24 Balyasny Asset Management L.P. 0.03% of their portfolio Chicago, IL 450,083450.1k $9.7m $9.7m 0.03% Reduced -53.6k -53,618
25 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 408,382408.4k $8.8m $8.8m 0.00% Reduced -1.7k -1,654
26 ANQA MANAGEMENT LLC 12.90% of their portfolio SAG HARBOR, NY 395,000395.0k $8.5m $8.5m 12.90% Unchanged
27 Arena Investors LP 9.33% of their portfolio PURCHASE, NY 383,851383.9k $8.3m $8.3m 9.33% Added +3.2k +3,244
28 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 371,336371.3k $8.0m $8.0m 0.00% Added +40.9k +40,902
29 Versor Investments LP 0.63% of their portfolio New York, NY 338,803338.8k $7.3m $7.3m 0.63% Reduced -79.9k -79,920
30 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 333,800333.8k $7.2m $7.2m 0.01% Reduced -43.2k -43,200
31 Quantedge Capital Pte Ltd 2.34% of their portfolio Singapore, U0 323,100323.1k $7.0m $7.0m 2.34% Added +12.3k +12,300
32 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 281,576281.6k $6.1m $6.1m 0.02% Added +181.7k +181,676
33 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 278,190278.2k $6.0m $6.0m 0.00% Added +258.5k +258,488
34 New York Life Investment Management LLC 0.07% of their portfolio New York, NY 266,442266.4k $5.8m $5.8m 0.07% Reduced -6.5k -6,524
35 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 263,581263.6k $5.7m $5.7m 0.00% Reduced -207.7k -207,709
36 Chou Associates Management Inc. 7.98% of their portfolio TORONTO, A6 261,460261.5k $5.6m $5.6m 7.98% Reduced -1.7m -1,725,000
37 GABELLI FUNDS LLC 0.04% of their portfolio Rye, NY 256,650256.6k $5.5m $5.5m 0.04% Unchanged
38 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 241,681241.7k $5.2m $5.2m 0.01% Added +180.2k +180,198
39 Yakira Capital Management, Inc. 1.06% of their portfolio Westport, CT 241,057241.1k $5.2m $5.2m 1.06% Added +5.8k +5,758
40 Verition Fund Management LLC 0.10% of their portfolio GREENWICH, CT 226,526226.5k $4.9m $4.9m 0.10% Reduced -226.5k -226,526
41 Alberta Investment Management Corp 0.04% of their portfolio EDMONTON, A0 220,950220.9k $4.8m $4.8m 0.04% Reduced -25.0k -25,000
42 EHP Funds Inc. 0.99% of their portfolio TORONTO, Z4 218,995219.0k $4.7m $4.7m 0.99% Added +69.0k +68,995
43 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 218,799218.8k $4.7m $4.7m 0.00% Added +49.4k +49,431
44 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 200,742200.7k $4.3m $4.3m 0.00% Reduced -181.7k -181,692
45 Centiva Capital, LP 0.36% of their portfolio New York, NY 200,000200.0k $4.3m $4.3m 0.36% Added +138.1k +138,132
46 NORGES BANK 0.00% of their portfolio OSLO, Q8 181,500181.5k $3.9m $3.9m 0.00% Added +1.0k +1,000
47 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 172,069172.1k $3.7m $3.7m 0.01% Reduced -234.7k -234,652
48 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 169,713169.7k $3.7m $3.7m 0.00% Added +9.9k +9,935
49 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 154,391154.4k $3.3m $3.3m 0.00% Reduced -21.6k -21,649
50 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.05% of their portfolio Stamford, CT 153,331153.3k $3.3m $3.3m 0.05% Reduced -49.9k -49,940
51 GROUP ONE TRADING LLC 0.11% of their portfolio CHICAGO, IL 146,967147.0k $3.2m $3.2m 0.11% New
52 AQR Arbitrage LLC 0.08% of their portfolio Greenwich, CT 140,287140.3k $3.0m $3.0m 0.08% Reduced -285.8k -285,785
53 Swiss National Bank 0.00% of their portfolio ZURICH, V8 111,900111.9k $2.4m $2.4m 0.00% Added +1.6k +1,600
54 Vident Investment Advisory, LLC 0.08% of their portfolio Alpharetta, GA 96,43996.4k $2.1m $2.1m 0.08% Added +7.5k +7,487
55 WOLVERINE TRADING, LLC 0.04% of their portfolio CHICAGO, IL 96,00096.0k $2.1m $2.1m 0.04% Added +69.9k +69,938
56 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 93,30893.3k $2.0m $2.0m 0.00% Reduced -160.8k -160,784
57 ACR Alpine Capital Research, LLC 0.09% of their portfolio ST. LOUIS, MO 91,21291.2k $2.0m $2.0m 0.09% Reduced -4.3k -4,254
58 CSS LLC/IL 0.12% of their portfolio CHICAGO, IL 84,01684.0k $1.8m $1.8m 0.12% Reduced -20.0k -19,968
59 GABELLI & Co INVESTMENT ADVISERS, INC. 0.38% of their portfolio Rye, NY 82,05082.0k $1.8m $1.8m 0.38% Reduced -3.0k -2,950
60 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 79,99180.0k $1.7m $1.7m 0.00% Added +4.4k +4,414
61 Public Sector Pension Investment Board 0.01% of their portfolio MONTREAL, A8 75,00075.0k $1.6m $1.6m 0.01% New
62 SG Americas Securities, LLC 0.02% of their portfolio NEW YORK, NY 72,75172.8k $1.6m $1.6m 0.02% Reduced -46.4k -46,358
63 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 71,06371.1k $1.5m $1.5m 0.00% Added +2.6k +2,633
64 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 69,87369.9k $1.5m $1.5m 0.00% Added +39.7k +39,673
65 Cambria Investment Management, L.P. 0.13% of their portfolio Manhattan Beach, CA 69,36869.4k $1.5m $1.5m 0.13% Reduced -289.9k -289,878
66 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 69,13769.1k $1.5m $1.5m 0.00% Reduced -5.0k -4,962
67 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 68,75568.8k $1.5m $1.5m 0.00% Reduced -47.5k -47,541
68 RITHOLTZ WEALTH MANAGEMENT 0.08% of their portfolio NEW YORK, NY 64,16064.2k $1.4m $1.4m 0.08% Reduced -24.7k -24,694
69 Diametric Capital, LP 0.64% of their portfolio BOSTON, MA 61,63061.6k $1.3m $1.3m 0.64% Added +17.1k +17,093
70 BCK CAPITAL MANAGEMENT LP 1.36% of their portfolio STAMFORD, CT 61,25061.2k $1.3m $1.3m 1.36% Unchanged
71 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 59,82459.8k $1.3m $1.3m 0.00% Reduced -53.9k -53,870
72 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.02% of their portfolio BALA CYNWYD, PA 51,38451.4k $1.1m $1.1m 0.02% Added +2.4k +2,376
73 Dalton Investments, Inc. 0.93% of their portfolio El Segundo, CA 50,00050.0k $1.1m $1.1m 0.93% Unchanged
74 GAMCO INVESTORS, INC. ET AL 0.01% of their portfolio GREENWICH, CT 47,25047.2k $1.0m $1.0m 0.01% Added +5.0k +5,000
75 Jump Financial, LLC 0.05% of their portfolio Chicago, IL 44,60544.6k $963.0k $963.0k 0.05% New
76 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 43,74943.7k $944.5k $944.5k 0.00% Reduced -116.8k -116,821
77 Capula Management Ltd 0.10% of their portfolio Grand Cayman, E9 42,86042.9k $925.3k $925.3k 0.10% New
78 SummerHaven Investment Management, LLC 0.50% of their portfolio STAMFORD, CT 39,13039.1k $844.8k $844.8k 0.50% Added +532 +532
79 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 38,43738.4k $829.9k $829.9k 0.00% Added +4.2k +4,249
80 SIG North Trading, ULC 0.41% of their portfolio Bala Cynwyd, PA 36,96437.0k $792.5k $792.5k 0.41% Added +3.3k +3,300
81 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 35,65135.7k $769.4k $769.4k 0.01% Reduced -15.7k -15,725
82 FIFTH LANE CAPITAL, LP 1.10% of their portfolio Austin, TX 35,26635.3k $761.4k $761.4k 1.10% Added +25.3k +25,266
83 FMR LLC 0.00% of their portfolio BOSTON, MA 35,21335.2k $760.2k $760.2k 0.00% Added +33.9k +33,881
84 Ergoteles LLC 0.03% of their portfolio NEW YORK, NY 34,34034.3k $741.4k $741.4k 0.03% New
85 PRELUDE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio NEW YORK, NY 33,89333.9k $731.8k $731.8k 0.05% Reduced -67.0k -67,023
86 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 33,50033.5k $723.0k $723.0k 0.00% Reduced -3.5k -3,500
87 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 32,09532.1k $692.9k $692.9k 0.00% Reduced -19 -19
88 TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio STAMFORD, CT 30,00530.0k $648.0k $648.0k 0.02% Reduced -9 -9
89 Metis Global Partners, LLC 0.05% of their portfolio San Diego, CA 28,11928.1k $606.8k $606.8k 0.05% Added +5.8k +5,764
90 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 28,10928.1k $606.9k $606.9k 0.00% Reduced -26.8k -26,766
91 Weiss Multi-Strategy Advisers LLC 0.02% of their portfolio NEW YORK, NY 26,86926.9k $580.0k $580.0k 0.02% Reduced -631 -631
92 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 25,91625.9k $560.0k $560.0k 0.00% Reduced -2.7k -2,708
93 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 24,90024.9k $537.6k $537.6k 0.01% Reduced -100 -100
94 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 24,30224.3k $524.7k $524.7k 0.00% New
95 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 24,08324.1k $520.0k $520.0k 0.00% Unchanged
96 XTX Topco Ltd 0.11% of their portfolio LONDON, X0 23,70623.7k $511.8k $511.8k 0.11% New
97 Legal & General Group Plc 0.00% of their portfolio London, X0 22,14222.1k $477.9k $477.9k 0.00% Added +338 +338
98 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 21,84621.8k $472.0k $472.0k 0.00% Added +9.3k +9,264
99 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 21,73821.7k $469.3k $469.3k 0.00% Reduced -79 -79
100 UBS Group AG 0.00% of their portfolio ZURICH, V8 21,70621.7k $468.6k $468.6k 0.00% Added +19.5k +19,518