Greenland Mines Ltd
GRML
39 hedge funds and large institutions have $93M invested in Greenland Mines Ltd in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
11% more funds holding
Funds holding: 35 → 39 (+4)
8.33% less ownership
Funds ownership: 68.62% → 60.29% (-8.3%)
10% less capital invested
Capital invested by funds: $104M → $93M (-$10.5M)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$4.75M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$4.54M |
| 3 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
+$3.07M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$2.92M |
| 5 |
MSU
Mizuho Securities USA
New York
|
+$2.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFM
Boothbay Fund Management
New York
|
-$7.09M |
| 2 |
SCM
Saba Capital Management
New York
|
-$6.14M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$5.95M |
| 4 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$4.7M |
| 5 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$4.39M |
GRML Hedge Fund Activity: Q1 2023 in Review
39 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Greenland Mines Ltd (GRML) for Q1 2023, worth a combined $93M — down 10% from $104M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new GRML positions and 8 closed out — a net gain of 4 holders — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Fir Tree Capital Management, opening a new position worth an estimated $4.75M. The largest seller was Boothbay Fund Management, exiting entirely with an estimated $7.09M sold.
- 39 institutional investors held Greenland Mines Ltd (GRML) as of Q1 2023, up from 35 in Q4 2022.
- Funds reported $93M of Greenland Mines Ltd stock for Q1 2023, down 10% quarter-over-quarter.
- 12 funds opened new Greenland Mines Ltd positions in Q1 2023 and 8 closed out, a net change of +4 holders.
- The largest Greenland Mines Ltd buyer in Q1 2023 was Fir Tree Capital Management, an estimated $4.75M added.
- The largest Greenland Mines Ltd seller in Q1 2023 was Boothbay Fund Management, an estimated $7.09M sold.
Based on aggregated 13F filings for Q1 2023.