FerroAtlántica
GSM
112 hedge funds and large institutions have $816M invested in FerroAtlántica in 2017 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 39 increasing their positions, 41 reducing their positions, and 43 closing their positions.
70% more call options, than puts
Call options by funds: $2.03M | Put options by funds: $1.19M
53% more ownership
Funds ownership: 40.88% → 93.88% (+53%)
12% more capital invested
Capital invested by funds: $727M → $816M (+$89.9M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 41
17% less funds holding
Funds holding: 135 → 112 (-23)
53% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$23.8M |
| 2 |
PIM
Paradice Investment Management
Denver,
Colorado
|
+$12.7M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$10.3M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$9.51M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$6.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$29.7M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$18.5M |
| 3 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$11.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.3M |
| 5 |
State Street
Boston,
Massachusetts
|
-$10.3M |
GSM Hedge Fund Activity: Q2 2017 in Review
112 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in FerroAtlántica (GSM) for Q2 2017, worth a combined $816M — up 12% from $727M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of GSM and 20 opened new positions — a net loss of 23 holders — while 41 trimmed existing stakes and 39 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $23.8M. The largest seller was BlackRock, cutting an estimated $29.7M.
- 112 institutional investors held FerroAtlántica (GSM) as of Q2 2017, down from 135 in Q1 2017.
- Funds reported $816M of FerroAtlántica stock for Q2 2017, up 12% quarter-over-quarter.
- 20 funds opened new FerroAtlántica positions in Q2 2017 and 43 closed out, a net change of -23 holders.
- The largest FerroAtlántica buyer in Q2 2017 was DePrince Race & Zollo Inc (DRZ), an estimated $23.8M added.
- The largest FerroAtlántica seller in Q2 2017 was BlackRock, an estimated $29.7M sold.
Based on aggregated 13F filings for Q2 2017.