Cipher Capital’s FerroAtlántica GSM Stock Holding History

Cipher Capital’s Portfolio GSM Stock Details GSM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q1	–	Sell	-72,467	Closed	-$1.17M	–	610
2017 Q4	$1.17M	Sell	72,467 -35,350	-33%	-$547K	0.09%	332
2017 Q3	$1.42M	Buy	+107,817	New	+$1.4M	0.11%	326
2017 Q2	–	Sell	-16,764	Closed	-$174K	–	615
2017 Q1	$174K	Buy	+16,764	New	+$176K	0.01%	563
2016 Q4	–	Sell	-53,005	Closed	-$479K	–	655
2016 Q3	$479K	Buy	53,005 +13,769	+35%	+$123K	0.03%	551
2016 Q2	$337K	Buy	39,236 +5,724	+17%	+$52.5K	0.02%	614
2016 Q1	$296K	Buy	+33,512	New	+$289K	0.03%	615

Other funds holding GSM

Adage Capital Partners Boston, Massachusetts $64.8B AUM 42.7% 1-Year Est. Return

Barrow, Hanley, Mewhinney & Strauss Dallas, Texas $30.5B AUM 29.95% 1-Year Est. Return

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

PIM

Paradice Investment Management Denver, Colorado $532M AUM 29.6% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

FCM

Frontier Capital Management Boston, Massachusetts $9.73B AUM 55.65% 1-Year Est. Return

Boston Partners Boston, Massachusetts $95.5B AUM 28.4% 1-Year Est. Return

Russell Investments Group London, United Kingdom $93.1B AUM 28.26% 1-Year Est. Return

DRZID

DePrince Race & Zollo Inc (DRZ) Winter Park, Florida $5.29B AUM 20.14% 1-Year Est. Return

D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return

Cipher Capital's GSM Position: Q1 2018 in Review

Cipher Capital sold out of FerroAtlántica (GSM) in Q1 2018, closing a stake of 72,467 shares — an estimated $1.17M sold.

Cipher Capital first reported a position in GSM in Q1 2016 and held it in 6 quarters. The position peaked at $1.42M in Q3 2017. 128 funds tracked by Wall St. Rank hold GSM as of Q1 2018.

Cipher Capital reported no remaining FerroAtlántica position as of Q1 2018 after selling out during the quarter.
Cipher Capital sold 72,467 FerroAtlántica shares in Q1 2018, an estimated $1.17M.
Cipher Capital first reported a position in FerroAtlántica in Q1 2016 and held it in 6 quarters.
Cipher Capital's FerroAtlántica position peaked at $1.42M in Q3 2017.
128 funds tracked by Wall St. Rank held FerroAtlántica as of Q1 2018.

Based on Cipher Capital's 13F filing for Q1 2018, filed 14 May 2018.