FerroAtlántica
GSM
119 hedge funds and large institutions have $1.03B invested in FerroAtlántica in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 54 increasing their positions, 33 reducing their positions, and 18 closing their positions.
830% more call options, than puts
Call options by funds: $4.8M | Put options by funds: $516K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
64% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 33
47% more capital invested
Capital invested by funds: $696M → $1.03B (+$329M)
2% less funds holding
Funds holding: 122 → 119 (-3)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$19.4M |
| 2 |
Goldman Sachs
New York
|
+$15.9M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$5.51M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.89M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$4.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$10.1M |
| 2 |
CCM
Century Capital Management
Boston,
Massachusetts
|
-$8.19M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$6.82M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$5.59M |
| 5 |
Barclays
London,
United Kingdom
|
-$3.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TA
126
Teton Advisors
Rye,
New York
| – | -$364K | -33,520 | Closed |
|
|
HI
127
HBK Investments
Dallas,
Texas
| – | -$298K | -27,400 | Closed |
|
128
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$245K | -22,556 | Closed |
|
129
Tudor Investment Corp
Stamford,
Connecticut
| – | -$245K | -22,500 | Closed |
|
|
PP
130
PDT Partners
New York
| – | -$229K | -21,095 | Closed |
|
|
EMG
131
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$227K | -20,900 | Closed |
|
132
Two Sigma Advisers
New York
| – | -$199K | -18,364 | Closed |
|
133
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$232K | -18,124 | Closed |
|
|
DTL
134
Dynamic Technology Lab
Singapore
| – | -$148K | -13,596 | Closed |
|
|
SCM
135
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$127K | -11,657 | Closed |
|
136
Group One Trading
Chicago,
Illinois
| – | -$14.4K | -1,129 | Closed |
|
|
OMCS
137
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$11K | -1,000 | Closed |
|
GSM Hedge Fund Activity: Q3 2013 in Review
119 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in FerroAtlántica (GSM) for Q3 2013, worth a combined $1.03B — up 47% from $696M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of GSM and 16 opened new positions — a net loss of 2 holders — while 33 trimmed existing stakes and 54 added.
The largest buyer was Rutabaga Capital Management, opening a new position worth an estimated $19.4M. The largest seller was Perkins Investment Management, exiting entirely with an estimated $10.1M sold.
- 119 institutional investors held FerroAtlántica (GSM) as of Q3 2013, down from 122 in Q2 2013.
- Funds reported $1.03B of FerroAtlántica stock for Q3 2013, up 47% quarter-over-quarter.
- 16 funds opened new FerroAtlántica positions in Q3 2013 and 18 closed out, a net change of -2 holders.
- The largest FerroAtlántica buyer in Q3 2013 was Rutabaga Capital Management, an estimated $19.4M added.
- The largest FerroAtlántica seller in Q3 2013 was Perkins Investment Management, an estimated $10.1M sold.
Based on aggregated 13F filings for Q3 2013.