FerroAtlántica
GSM
98 hedge funds and large institutions have $107M invested in FerroAtlántica in 2018 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 37 increasing their positions, 34 reducing their positions, and 34 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 34
4.63% less ownership
Funds ownership: 43.62% → 38.99% (-4.6%)
15% less funds holding
Funds holding: 115 → 98 (-17)
47% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 34
50% less call options, than puts
Call options by funds: $254K | Put options by funds: $504K
83% less capital invested
Capital invested by funds: $613M → $107M (-$506M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$13.1M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$8.97M |
| 3 |
CCPM
Cooper Creek Partners Management
New York
|
+$6.55M |
| 4 |
Two Sigma Investments
New York
|
+$4.26M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$19M |
| 2 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$17.4M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$16M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$15M |
| 5 |
PIM
Paradice Investment Management
Denver,
Colorado
|
-$11.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
APP
126
Avantax Planning Partners
Dubuque,
Iowa
| – | -$3K | -359 | Closed |
|
|
TFA
127
Toth Financial Advisory
Leesburg,
Virginia
| – | -$2K | -300 | Closed |
|
128
Fidelity Investments
Boston,
Massachusetts
| – | +$5 | +1 | New |
|
|
FGC
129
Financial Gravity Companies
Lakeway,
Texas
| – | +$57 | +12 | New |
|
|
ASN
130
Advisory Services Network
Atlanta,
Georgia
| – | +$1.2K | +250 | New |
|
GSM Hedge Fund Activity: Q4 2018 in Review
98 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in FerroAtlántica (GSM) for Q4 2018, worth a combined $107M — down 83% from $613M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of GSM and 18 opened new positions — a net loss of 16 holders — while 34 trimmed existing stakes and 37 added.
The largest buyer was Adage Capital Partners, adding an estimated $13.1M. The largest seller was Millennium Management, cutting an estimated $19M.
- 98 institutional investors held FerroAtlántica (GSM) as of Q4 2018, down from 115 in Q3 2018.
- Funds reported $107M of FerroAtlántica stock for Q4 2018, down 83% quarter-over-quarter.
- 18 funds opened new FerroAtlántica positions in Q4 2018 and 34 closed out, a net change of -16 holders.
- The largest FerroAtlántica buyer in Q4 2018 was Adage Capital Partners, an estimated $13.1M added.
- The largest FerroAtlántica seller in Q4 2018 was Millennium Management, an estimated $19M sold.
Based on aggregated 13F filings for Q4 2018.