AUGUSTA RESOURCE CORP
AZC
AZC was delisted on the 22nd of September, 2014.
36 hedge funds and large institutions have $154M invested in AUGUSTA RESOURCE CORP in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 15 reducing their positions, and 17 closing their positions.
900% more call options, than puts
Call options by funds: $10K | Put options by funds: $1K
3% less capital invested
Capital invested by funds: $159M → $154M (-$4.58M)
22% less funds holding
Funds holding: 46 → 36 (-10)
40% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 15
59% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 17
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$12.5M |
| 2 |
AAA
Alpine Associates Advisors
Englewood Cliffs,
New Jersey
|
+$6.3M |
| 3 |
GP
GLG Partners
London,
United Kingdom
|
+$1.82M |
| 4 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$763K |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$729K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Amber Capital Management
Grand Cayman,
Cayman Islands
|
-$7.89M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$4.64M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$3.9M |
| 4 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$2.94M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$1.57M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| – | -$8K | -2,712 | Closed |
|
52
Citigroup
New York
| – | -$618 | -212 | -65% |
|
AZC Hedge Fund Activity: Q2 2014 in Review
36 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in AUGUSTA RESOURCE CORP (AZC) for Q2 2014, worth a combined $154M — down 2.9% from $159M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of AZC and 7 opened new positions — a net loss of 10 holders — while 15 trimmed existing stakes and 9 added.
The largest buyer was Pine River Capital Management, adding an estimated $12.5M. The largest seller was Amber Capital Management, exiting entirely with an estimated $7.89M sold.
- 36 institutional investors held AUGUSTA RESOURCE CORP (AZC) as of Q2 2014, down from 46 in Q1 2014.
- Funds reported $154M of AUGUSTA RESOURCE CORP stock for Q2 2014, down 2.9% quarter-over-quarter.
- 7 funds opened new AUGUSTA RESOURCE CORP positions in Q2 2014 and 17 closed out, a net change of -10 holders.
- The largest AUGUSTA RESOURCE CORP buyer in Q2 2014 was Pine River Capital Management, an estimated $12.5M added.
- The largest AUGUSTA RESOURCE CORP seller in Q2 2014 was Amber Capital Management, an estimated $7.89M sold.
Based on aggregated 13F filings for Q2 2014.