COASTAL CONTACTS INC COMMON SHARES (CANADA)
COA
COA was delisted on the 28th of April, 2014.
19 hedge funds and large institutions have $61.4M invested in COASTAL CONTACTS INC COMMON SHARES (CANADA) in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 7 closing their positions.
37% more capital invested
Capital invested by funds: $44.9M → $61.4M (+$16.4M)
5% less funds holding
Funds holding: 20 → 19 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$12.5M |
| 2 |
DM
Diker Management
New York
|
+$6.23M |
| 3 |
SCPM
Sagard Capital Partners Management
New York
|
+$4.35M |
| 4 |
TA
Teton Advisors
Rye,
New York
|
+$418K |
| 5 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
+$308K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
-$10.1M |
| 2 |
SC
Sophrosyne Capital
New York
|
-$2.89M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$2.39M |
| 4 |
NEI
Northwest & Ethical Investments
Toronto,
Ontario, Canada
|
-$1.2M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$883K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Barclays
London,
United Kingdom
| – | -$1K | -100 | Closed |
|
COA Hedge Fund Activity: Q3 2013 in Review
19 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in COASTAL CONTACTS INC COMMON SHARES (CANADA) (COA) for Q3 2013, worth a combined $61.4M — up 37% from $44.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of COA and 6 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 2 added.
The largest buyer was Burgundy Asset Management, opening a new position worth an estimated $12.5M. The largest seller was Montrusco Bolton Investments, exiting entirely with an estimated $10.1M sold.
- 19 institutional investors held COASTAL CONTACTS INC COMMON SHARES (CANADA) (COA) as of Q3 2013, down from 20 in Q2 2013.
- Funds reported $61.4M of COASTAL CONTACTS INC COMMON SHARES (CANADA) stock for Q3 2013, up 37% quarter-over-quarter.
- 6 funds opened new COASTAL CONTACTS INC COMMON SHARES (CANADA) positions in Q3 2013 and 7 closed out, a net change of -1 holder.
- The largest COASTAL CONTACTS INC COMMON SHARES (CANADA) buyer in Q3 2013 was Burgundy Asset Management, an estimated $12.5M added.
- The largest COASTAL CONTACTS INC COMMON SHARES (CANADA) seller in Q3 2013 was Montrusco Bolton Investments, an estimated $10.1M sold.
Based on aggregated 13F filings for Q3 2013.