Electra Battery Materials
ELBM
22 hedge funds and large institutions have $1.56M invested in Electra Battery Materials in 2024 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 6 closing their positions.
27% more capital invested
Capital invested by funds: $1.23M → $1.56M (+$329K)
0.1% less ownership
Funds ownership: 1.25% → 1.15% (-0.1%)
15% less funds holding
Funds holding: 26 → 22 (-4)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$18.4K |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$8.84K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.33K |
| 4 |
CWM
Cranbrook Wealth Management
Bloomfield Hills,
Michigan
|
+$23 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
MMCAP International
Grand Cayman,
Cayman Islands
|
-$52.2K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$37.1K |
| 3 |
LPL Financial
San Diego,
California
|
-$16.1K |
| 4 |
VF
Virtu Financial
New York
|
-$9.74K |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$7.56K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NF
26
Nvest Financial
Portsmouth,
New Hampshire
| – | -$4.2K | -2,500 | Closed |
|
27
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$769 | -458 | Closed |
|
28
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$124 | -75 | Closed |
|
ELBM Hedge Fund Activity: Q3 2024 in Review
22 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Electra Battery Materials (ELBM) for Q3 2024, worth a combined $1.56M — up 27% from $1.23M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ELBM and 2 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Osaic Holdings, adding an estimated $18.4K. The largest seller was MMCAP International, exiting entirely with an estimated $52.2K sold.
- 22 institutional investors held Electra Battery Materials (ELBM) as of Q3 2024, down from 26 in Q2 2024.
- Funds reported $1.56M of Electra Battery Materials stock for Q3 2024, up 27% quarter-over-quarter.
- 2 funds opened new Electra Battery Materials positions in Q3 2024 and 6 closed out, a net change of -4 holders.
- The largest Electra Battery Materials buyer in Q3 2024 was Osaic Holdings, an estimated $18.4K added.
- The largest Electra Battery Materials seller in Q3 2024 was MMCAP International, an estimated $52.2K sold.
Based on aggregated 13F filings for Q3 2024.