Electra Battery Materials
ELBM
23 hedge funds and large institutions have $1.55M invested in Electra Battery Materials in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 8 reducing their positions, and 8 closing their positions.
0.7% less ownership
Funds ownership: 2.2% → 1.5% (-0.7%)
16% less capital invested
Capital invested by funds: $1.85M → $1.55M (-$298K)
18% less funds holding
Funds holding: 28 → 23 (-5)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
75% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
+$356K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$16K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$13.5K |
| 4 |
LPL Financial
San Diego,
California
|
+$5.24K |
| 5 |
JP Morgan Chase
New York
|
+$4 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAM
NewGen Asset Management
Toronto,
Ontario, Canada
|
-$524K |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$113K |
| 3 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$111K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$111K |
| 5 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$23.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RG
26
Rathbones Group
Liverpool,
United Kingdom
| – | -$19.2K | -12,672 | Closed |
|
27
Millennium Management
New York
| – | -$7.43K | -5,020 | Closed |
|
|
CF
28
Cantor Fitzgerald
New York
| – | -$7.3K | -5,000 | Closed |
|
|
HF
29
HRT Financial
New York
| – | -$5K | -3,942 | Closed |
|
|
TWC
30
TD Waterhouse Canada
Toronto,
Ontario, Canada
| – | -$202 | -97 | Closed |
|
31
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$110 | -75 | Closed |
|
ELBM Hedge Fund Activity: Q1 2024 in Review
23 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Electra Battery Materials (ELBM) for Q1 2024, worth a combined $1.55M — down 16% from $1.85M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of ELBM and 3 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 2 added.
The largest buyer was Highbridge Capital Management, opening a new position worth an estimated $356K. The largest seller was NewGen Asset Management, exiting entirely with an estimated $524K sold.
- 23 institutional investors held Electra Battery Materials (ELBM) as of Q1 2024, down from 28 in Q4 2023.
- Funds reported $1.55M of Electra Battery Materials stock for Q1 2024, down 16% quarter-over-quarter.
- 3 funds opened new Electra Battery Materials positions in Q1 2024 and 8 closed out, a net change of -5 holders.
- The largest Electra Battery Materials buyer in Q1 2024 was Highbridge Capital Management, an estimated $356K added.
- The largest Electra Battery Materials seller in Q1 2024 was NewGen Asset Management, an estimated $524K sold.
Based on aggregated 13F filings for Q1 2024.