FerroAtlántica
GSM
114 hedge funds and large institutions have $542M invested in FerroAtlántica in 2016 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 39 increasing their positions, 38 reducing their positions, and 48 closing their positions.
720% more call options, than puts
Call options by funds: $3.88M | Put options by funds: $473K
3% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 38
16% less funds holding
Funds holding: 136 → 114 (-22)
18% less capital invested
Capital invested by funds: $663M → $542M (-$120M)
46% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 48
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$38.7M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$18.3M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$11.2M |
| 4 |
SCM
SkyTop Capital Management
Rutherford,
New Jersey
|
+$4.41M |
| 5 |
Bank of New York Mellon
New York
|
+$4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMC
Rubric Capital Management (Connecticut)
Stamford,
Connecticut
|
-$37.1M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
-$18.3M |
| 3 |
BS
Bow Street
New York
|
-$11.8M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$11.1M |
| 5 |
CC
Clearline Capital
New York
|
-$7.63M |
GSM Hedge Fund Activity: Q1 2016 in Review
114 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in FerroAtlántica (GSM) for Q1 2016, worth a combined $542M — down 18% from $663M a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of GSM and 26 opened new positions — a net loss of 22 holders — while 38 trimmed existing stakes and 39 added.
The largest buyer was Vanguard Group, adding an estimated $38.7M. The largest seller was Rubric Capital Management (Connecticut), exiting entirely with an estimated $37.1M sold.
- 114 institutional investors held FerroAtlántica (GSM) as of Q1 2016, down from 136 in Q4 2015.
- Funds reported $542M of FerroAtlántica stock for Q1 2016, down 18% quarter-over-quarter.
- 26 funds opened new FerroAtlántica positions in Q1 2016 and 48 closed out, a net change of -22 holders.
- The largest FerroAtlántica buyer in Q1 2016 was Vanguard Group, an estimated $38.7M added.
- The largest FerroAtlántica seller in Q1 2016 was Rubric Capital Management (Connecticut), an estimated $37.1M sold.
Based on aggregated 13F filings for Q1 2016.