Alderon Iron Ore Corp
AXX
AXX was delisted on the 23rd of October, 2015.
11 hedge funds and large institutions have $38.5M invested in Alderon Iron Ore Corp in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 7 closing their positions.
1% more capital invested
Capital invested by funds: $38.2M → $38.5M (+$374K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
31% less funds holding
Funds holding: 16 → 11 (-5)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$904K |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$16.8K |
| 3 |
Citigroup
New York
|
+$1.22K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$118K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$70K |
| 3 |
Renaissance Technologies
New York
|
-$67K |
| 4 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
-$53K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$36K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LMGAM
1
Liberty Mutual Group Asset Management
Boston,
Massachusetts
| $37.3M | – | – | – |
|
|
2
1832 Asset Management
Toronto,
Ontario, Canada
| $821K | +$904K | +560,000 | New |
|
|
EPIM
3
Equinox Partners Investment Management
Stamford,
Connecticut
| $157K | – | – | – |
|
4
CIBC World Market
Toronto,
Ontario, Canada
| $117K | -$1.55K | -962 | -1% |
|
|
5
Bank of Montreal
Toronto,
Ontario, Canada
| $98K | -$70K | -43,400 | -39% |
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $87K | -$807 | -500 | -0.8% |
|
|
CS
7
Credit Suisse
Zurich,
Switzerland
| $15K | +$16.8K | +10,400 | New |
|
|
8
Citigroup
New York
| $1K | +$1.22K | +757 | +12,617% |
|
|
9
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$118K | -75,300 | Closed |
|
|
10
Renaissance Technologies
New York
| – | -$67K | -42,200 | Closed |
|
|
SC
11
Scotia Capital
Toronto,
Ontario, Canada
| – | -$53K | -33,800 | Closed |
|
|
U
12
UBS
Zurich,
Switzerland
| – | -$36K | -23,058 | Closed |
|
13
Citadel Advisors
Miami,
Florida
| – | -$20K | -12,642 | Closed |
|
14
Bank of America
Charlotte,
North Carolina
| – | -$1K | -400 | Closed |
|
AXX Hedge Fund Activity: Q1 2014 in Review
11 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Alderon Iron Ore Corp (AXX) for Q1 2014, worth a combined $38.5M — up 0.98% from $38.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of AXX and 2 opened new positions — a net loss of 5 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was 1832 Asset Management, opening a new position worth an estimated $904K. The largest seller was Deutsche Bank, exiting entirely with an estimated $118K sold.
- 11 institutional investors held Alderon Iron Ore Corp (AXX) as of Q1 2014, down from 16 in Q4 2013.
- Funds reported $38.5M of Alderon Iron Ore Corp stock for Q1 2014, up 0.98% quarter-over-quarter.
- 2 funds opened new Alderon Iron Ore Corp positions in Q1 2014 and 7 closed out, a net change of -5 holders.
- The largest Alderon Iron Ore Corp buyer in Q1 2014 was 1832 Asset Management, an estimated $904K added.
- The largest Alderon Iron Ore Corp seller in Q1 2014 was Deutsche Bank, an estimated $118K sold.
Based on aggregated 13F filings for Q1 2014.