FerroAtlántica
GSM
115 hedge funds and large institutions have $627M invested in FerroAtlántica in 2018 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 44 increasing their positions, 37 reducing their positions, and 31 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 37
0.97% less ownership
Funds ownership: 43.38% → 42.41% (-0.97%)
10% less funds holding
Funds holding: 128 → 115 (-13)
20% less capital invested
Capital invested by funds: $780M → $627M (-$153M)
35% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 31
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
57% less call options, than puts
Call options by funds: $1.04M | Put options by funds: $2.39M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$50.1M |
| 2 |
Millennium Management
New York
|
+$13M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$12.9M |
| 4 |
PIM
Paradice Investment Management
Denver,
Colorado
|
+$7.63M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$5.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$18.3M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$12.9M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$11.8M |
| 4 |
O
OppenheimerFunds
New York
|
-$10.8M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$9.24M |
GSM Hedge Fund Activity: Q2 2018 in Review
115 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in FerroAtlántica (GSM) for Q2 2018, worth a combined $627M — down 20% from $780M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of GSM and 20 opened new positions — a net loss of 11 holders — while 37 trimmed existing stakes and 44 added.
The largest buyer was Wellington Management Group, adding an estimated $50.1M. The largest seller was Russell Investments Group, cutting an estimated $18.3M.
- 115 institutional investors held FerroAtlántica (GSM) as of Q2 2018, down from 128 in Q1 2018.
- Funds reported $627M of FerroAtlántica stock for Q2 2018, down 20% quarter-over-quarter.
- 20 funds opened new FerroAtlántica positions in Q2 2018 and 31 closed out, a net change of -11 holders.
- The largest FerroAtlántica buyer in Q2 2018 was Wellington Management Group, an estimated $50.1M added.
- The largest FerroAtlántica seller in Q2 2018 was Russell Investments Group, an estimated $18.3M sold.
Based on aggregated 13F filings for Q2 2018.