FerroAtlántica
GSM
83 hedge funds and large institutions have $130M invested in FerroAtlántica in 2019 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 40 reducing their positions, and 22 closing their positions.
22% more capital invested
Capital invested by funds: $107M → $130M (+$23.5M)
2% less ownership
Funds ownership: 38.99% → 36.99% (-2%)
15% less funds holding
Funds holding: 98 → 83 (-15)
33% less call options, than puts
Call options by funds: $226K | Put options by funds: $336K
45% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 40
59% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$2.27M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$2.05M |
| 3 |
RA
Royce & Associates
New York
|
+$1.61M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.19M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$2.58M |
| 2 |
CCPM
Cooper Creek Partners Management
New York
|
-$2.18M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$1.69M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$1.64M |
| 5 |
Millennium Management
New York
|
-$1.33M |
GSM Hedge Fund Activity: Q1 2019 in Review
83 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in FerroAtlántica (GSM) for Q1 2019, worth a combined $130M — up 22% from $107M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of GSM and 9 opened new positions — a net loss of 13 holders — while 40 trimmed existing stakes and 22 added.
The largest buyer was Formula Growth, opening a new position worth an estimated $2.27M. The largest seller was Park West Asset Management, exiting entirely with an estimated $2.58M sold.
- 83 institutional investors held FerroAtlántica (GSM) as of Q1 2019, down from 98 in Q4 2018.
- Funds reported $130M of FerroAtlántica stock for Q1 2019, up 22% quarter-over-quarter.
- 9 funds opened new FerroAtlántica positions in Q1 2019 and 22 closed out, a net change of -13 holders.
- The largest FerroAtlántica buyer in Q1 2019 was Formula Growth, an estimated $2.27M added.
- The largest FerroAtlántica seller in Q1 2019 was Park West Asset Management, an estimated $2.58M sold.
Based on aggregated 13F filings for Q1 2019.