Alderon Iron Ore Corp
AXX
AXX was delisted on the 23rd of October, 2015.
8 hedge funds and large institutions have $4.06M invested in Alderon Iron Ore Corp in 2015 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
24% less capital invested
Capital invested by funds: $5.33M → $4.06M (-$1.27M)
27% less funds holding
Funds holding: 11 → 8 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.7K |
| 2 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$809 |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$651 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$132K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3K |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$405 |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$162 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LMGAM
1
Liberty Mutual Group Asset Management
Boston,
Massachusetts
| $4M | – | – | – |
|
2
1832 Asset Management
Toronto,
Ontario, Canada
| $26K | – | – | – |
|
|
3
Citadel Advisors
Miami,
Florida
| $14K | +$651 | +2,414 | +4% |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $13K | -$162 | -600 | -1% |
|
|
5
Bank of Montreal
Toronto,
Ontario, Canada
| $6K | +$2.7K | +10,000 | +63% |
|
|
SC
6
Scotia Capital
Toronto,
Ontario, Canada
| $4K | +$809 | +3,000 | +23% |
|
|
7
CIBC World Market
Toronto,
Ontario, Canada
| $3K | -$405 | -1,500 | -13% |
|
|
AFM
8
Anson Funds Management
Dallas,
Texas
| – | -$132K | -394,500 | Closed |
|
|
9
UBS Group
Zurich,
Switzerland
| – | -$3K | -10,049 | Closed |
|
AXX Hedge Fund Activity: Q1 2015 in Review
8 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Alderon Iron Ore Corp (AXX) for Q1 2015, worth a combined $4.06M — down 24% from $5.33M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of AXX and 0 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Bank of Montreal, adding an estimated $2.7K. The largest seller was Anson Funds Management, exiting entirely with an estimated $132K sold.
- 8 institutional investors held Alderon Iron Ore Corp (AXX) as of Q1 2015, down from 11 in Q4 2014.
- Funds reported $4.06M of Alderon Iron Ore Corp stock for Q1 2015, down 24% quarter-over-quarter.
- 0 funds opened new Alderon Iron Ore Corp positions in Q1 2015 and 3 closed out, a net change of -3 holders.
- The largest Alderon Iron Ore Corp buyer in Q1 2015 was Bank of Montreal, an estimated $2.7K added.
- The largest Alderon Iron Ore Corp seller in Q1 2015 was Anson Funds Management, an estimated $132K sold.
Based on aggregated 13F filings for Q1 2015.