Custom Truck One Source
CTOS
26 hedge funds and large institutions have $206M invested in Custom Truck One Source in 2018 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 4 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
15% more capital invested
Capital invested by funds: $180M → $206M (+$26.7M)
7% less funds holding
Funds holding: 28 → 26 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGC
Angelo Gordon & Co
New York
|
+$17.1M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$6.82M |
| 3 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$3.92M |
| 4 |
HCM
Highbridge Capital Management
New York
|
+$2.38M |
| 5 |
Walleye Trading
New York
|
+$379K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$6.65M |
| 2 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$2.39M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$491K |
| 4 |
GCL
Glazer Capital LLC
New York
|
-$290K |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$249K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $25K | – | – | – |
|
|
WAM
27
Weiss Asset Management
Boston,
Massachusetts
| – | -$6.65M | -670,864 | Closed |
|
|
LIM
28
Longfellow Investment Management
Boston,
Massachusetts
| – | -$2.39M | -241,200 | Closed |
|
29
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$134K | -13,500 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | -$4K | -454 | Closed |
|
CTOS Hedge Fund Activity: Q4 2018 in Review
26 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Custom Truck One Source (CTOS) for Q4 2018, worth a combined $206M — up 15% from $180M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CTOS and 2 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 6 added.
The largest buyer was Angelo Gordon & Co, opening a new position worth an estimated $17.1M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $6.65M sold.
- 26 institutional investors held Custom Truck One Source (CTOS) as of Q4 2018, down from 28 in Q3 2018.
- Funds reported $206M of Custom Truck One Source stock for Q4 2018, up 15% quarter-over-quarter.
- 2 funds opened new Custom Truck One Source positions in Q4 2018 and 4 closed out, a net change of -2 holders.
- The largest Custom Truck One Source buyer in Q4 2018 was Angelo Gordon & Co, an estimated $17.1M added.
- The largest Custom Truck One Source seller in Q4 2018 was Weiss Asset Management, an estimated $6.65M sold.
Based on aggregated 13F filings for Q4 2018.