Alderon Iron Ore Corp
AXX
AXX was delisted on the 23rd of October, 2015.
13 hedge funds and large institutions have $38.3M invested in Alderon Iron Ore Corp in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 0 increasing their positions, 4 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
18% more funds holding
Funds holding: 11 → 13 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $38.5M → $38.3M (-$290K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$107K |
| 2 |
Renaissance Technologies
New York
|
+$51.2K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$31.8K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$3.86K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$138 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$15K |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$9.63K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.43K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.13K |
| 5 |
Citigroup
New York
|
-$1.04K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LMGAM
1
Liberty Mutual Group Asset Management
Boston,
Massachusetts
| $37.1M | – | – | – |
|
2
1832 Asset Management
Toronto,
Ontario, Canada
| $659K | – | – | – |
|
|
EPIM
3
Equinox Partners Investment Management
Stamford,
Connecticut
| $127K | – | – | – |
|
|
4
Morgan Stanley
New York
| $94K | +$107K | +77,600 | New |
|
|
5
CIBC World Market
Toronto,
Ontario, Canada
| $88K | -$9.63K | -7,000 | -9% |
|
|
6
Bank of Montreal
Toronto,
Ontario, Canada
| $77K | -$4.13K | -3,000 | -4% |
|
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $65K | -$7.43K | -5,400 | -9% |
|
|
8
Renaissance Technologies
New York
| $44K | +$51.2K | +37,200 | New |
|
|
9
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $27K | +$31.8K | +23,100 | New |
|
|
U
10
UBS
Zurich,
Switzerland
| $3K | +$3.86K | +2,806 | New |
|
|
CS
11
Credit Suisse
Zurich,
Switzerland
| – | -$15K | -10,400 | Closed |
|
|
12
Citigroup
New York
| – | -$1.04K | -757 | -99% |
|
|
13
Bank of America
Charlotte,
North Carolina
| – | +$138 | +100 | New |
|
AXX Hedge Fund Activity: Q2 2014 in Review
13 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Alderon Iron Ore Corp (AXX) for Q2 2014, worth a combined $38.3M — down 0.75% from $38.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new AXX positions and 3 closed out — a net gain of 2 holders — while 0 added to existing stakes and 4 trimmed.
The largest buyer was Morgan Stanley, opening a new position worth an estimated $107K. The largest seller was Credit Suisse, exiting entirely with an estimated $15K sold.
- 13 institutional investors held Alderon Iron Ore Corp (AXX) as of Q2 2014, up from 11 in Q1 2014.
- Funds reported $38.3M of Alderon Iron Ore Corp stock for Q2 2014, down 0.75% quarter-over-quarter.
- 5 funds opened new Alderon Iron Ore Corp positions in Q2 2014 and 3 closed out, a net change of +2 holders.
- The largest Alderon Iron Ore Corp buyer in Q2 2014 was Morgan Stanley, an estimated $107K added.
- The largest Alderon Iron Ore Corp seller in Q2 2014 was Credit Suisse, an estimated $15K sold.
Based on aggregated 13F filings for Q2 2014.