Electra Battery Materials
ELBM
19 hedge funds and large institutions have $534K invested in Electra Battery Materials in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 8 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
0.1% less ownership
Funds ownership: 0.49% → 0.39% (-0.1%)
27% less funds holding
Funds holding: 26 → 19 (-7)
58% less capital invested
Capital invested by funds: $1.28M → $534K (-$744K)
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFG
Jefferies Financial Group
New York
|
+$7.38K |
| 2 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$5.97K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.68K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$83 |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$77 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TS
Tamar Securities
Woodland Hills,
California
|
-$50.4K |
| 2 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$38K |
| 3 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$35K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$28K |
| 5 |
Millennium Management
New York
|
-$26K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWM
26
Avior Wealth Management
Omaha,
Nebraska
| – | -$112 | -14 | Closed |
|
|
27
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$77 | +13 | +62% |
|
ELBM Hedge Fund Activity: Q2 2023 in Review
19 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Electra Battery Materials (ELBM) for Q2 2023, worth a combined $534K — down 58% from $1.28M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of ELBM and 1 opened new positions — a net loss of 7 holders — while 2 trimmed existing stakes and 5 added.
The largest buyer was Jefferies Financial Group, adding an estimated $7.38K. The largest seller was Tamar Securities, exiting entirely with an estimated $50.4K sold.
- 19 institutional investors held Electra Battery Materials (ELBM) as of Q2 2023, down from 26 in Q1 2023.
- Funds reported $534K of Electra Battery Materials stock for Q2 2023, down 58% quarter-over-quarter.
- 1 fund opened new Electra Battery Materials positions in Q2 2023 and 8 closed out, a net change of -7 holders.
- The largest Electra Battery Materials buyer in Q2 2023 was Jefferies Financial Group, an estimated $7.38K added.
- The largest Electra Battery Materials seller in Q2 2023 was Tamar Securities, an estimated $50.4K sold.
Based on aggregated 13F filings for Q2 2023.