Alderon Iron Ore Corp
AXX
AXX was delisted on the 23rd of October, 2015.
11 hedge funds and large institutions have $19.7M invested in Alderon Iron Ore Corp in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less funds holding
Funds holding: 13 → 11 (-2)
49% less capital invested
Capital invested by funds: $38.3M → $19.7M (-$18.6M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$66.9K |
| 2 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$14.2K |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$9.48K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.46K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$984 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$94K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$52.5K |
| 3 |
Renaissance Technologies
New York
|
-$15.5K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LMGAM
1
Liberty Mutual Group Asset Management
Boston,
Massachusetts
| $19M | – | – | – |
|
2
1832 Asset Management
Toronto,
Ontario, Canada
| $410K | – | – | – |
|
|
EPIM
3
Equinox Partners Investment Management
Stamford,
Connecticut
| $79K | – | – | – |
|
|
4
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $61K | +$66.9K | +61,300 | +265% |
|
|
5
CIBC World Market
Toronto,
Ontario, Canada
| $60K | +$9.48K | +8,687 | +12% |
|
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $43K | +$5.46K | +5,000 | +9% |
|
|
7
Renaissance Technologies
New York
| $17K | -$15.5K | -14,200 | -38% |
|
|
8
Bank of Montreal
Toronto,
Ontario, Canada
| $12K | -$52.5K | -48,100 | -75% |
|
|
SC
9
Scotia Capital
Toronto,
Ontario, Canada
| $10K | +$14.2K | +13,000 | New |
|
|
10
Bank of America
Charlotte,
North Carolina
| $1K | +$984 | +901 | +901% |
|
|
11
Morgan Stanley
New York
| – | -$94K | -77,600 | Closed |
|
|
U
12
UBS
Zurich,
Switzerland
| – | -$3K | -2,806 | Closed |
|
AXX Hedge Fund Activity: Q3 2014 in Review
11 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Alderon Iron Ore Corp (AXX) for Q3 2014, worth a combined $19.7M — down 49% from $38.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of AXX and 1 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 4 added.
The largest buyer was Deutsche Bank, adding an estimated $66.9K. The largest seller was Morgan Stanley, exiting entirely with an estimated $94K sold.
- 11 institutional investors held Alderon Iron Ore Corp (AXX) as of Q3 2014, down from 13 in Q2 2014.
- Funds reported $19.7M of Alderon Iron Ore Corp stock for Q3 2014, down 49% quarter-over-quarter.
- 1 fund opened new Alderon Iron Ore Corp positions in Q3 2014 and 3 closed out, a net change of -2 holders.
- The largest Alderon Iron Ore Corp buyer in Q3 2014 was Deutsche Bank, an estimated $66.9K added.
- The largest Alderon Iron Ore Corp seller in Q3 2014 was Morgan Stanley, an estimated $94K sold.
Based on aggregated 13F filings for Q3 2014.