AUGUSTA RESOURCE CORP
AZC
AZC was delisted on the 22nd of September, 2014.
46 hedge funds and large institutions have $159M invested in AUGUSTA RESOURCE CORP in 2014 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 12 closing their positions.
183% more capital invested
Capital invested by funds: $56.1M → $159M (+$103M)
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
18% more funds holding
Funds holding: 39 → 46 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$13.7M |
| 2 |
JP Morgan Chase
New York
|
+$8.31M |
| 3 |
ACM
Amber Capital Management
Grand Cayman,
Cayman Islands
|
+$5.64M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$3.16M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$2.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
Smithwood Advisers
Los Angeles,
California
|
-$3.03M |
| 2 |
KCM
Knighthead Capital Management
New York
|
-$2.77M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$2.02M |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$978K |
| 5 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$573K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SGCA
51
Steel Grove Capital Advisors
Memphis,
Tennessee
| – | -$69K | -48,150 | Closed |
|
52
Renaissance Technologies
New York
| – | -$59K | -41,100 | Closed |
|
53
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$37K | -25,700 | Closed |
|
|
VKH
54
Virtu KCG Holdings
New York
| – | -$24K | -17,105 | Closed |
|
55
Citadel Advisors
Miami,
Florida
| – | -$20K | -13,823 | Closed |
|
|
FNBOMD
56
First National Bank of Mount Dora
Mount Dora,
Florida
| – | -$14K | -10,000 | Closed |
|
57
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$8K | -5,600 | Closed |
|
|
CFA
58
Carroll Financial Associates
Charlotte,
North Carolina
| – | +$241 | +100 | New |
|
AZC Hedge Fund Activity: Q1 2014 in Review
46 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in AUGUSTA RESOURCE CORP (AZC) for Q1 2014, worth a combined $159M — up 183% from $56.1M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new AZC positions and 12 closed out — a net gain of 9 holders — while 14 added to existing stakes and 8 trimmed.
The largest buyer was Pine River Capital Management, opening a new position worth an estimated $13.7M. The largest seller was Smithwood Advisers, exiting entirely with an estimated $3.03M sold.
- 46 institutional investors held AUGUSTA RESOURCE CORP (AZC) as of Q1 2014, up from 39 in Q4 2013.
- Funds reported $159M of AUGUSTA RESOURCE CORP stock for Q1 2014, up 183% quarter-over-quarter.
- 21 funds opened new AUGUSTA RESOURCE CORP positions in Q1 2014 and 12 closed out, a net change of +9 holders.
- The largest AUGUSTA RESOURCE CORP buyer in Q1 2014 was Pine River Capital Management, an estimated $13.7M added.
- The largest AUGUSTA RESOURCE CORP seller in Q1 2014 was Smithwood Advisers, an estimated $3.03M sold.
Based on aggregated 13F filings for Q1 2014.