FerroAtlántica
GSM
137 hedge funds and large institutions have $756M invested in FerroAtlántica in 2015 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 64 increasing their positions, 47 reducing their positions, and 27 closing their positions.
342% more call options, than puts
Call options by funds: $1.35M | Put options by funds: $305K
36% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 47
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
10% less funds holding
Funds holding: 152 → 137 (-15)
31% less capital invested
Capital invested by funds: $1.09B → $756M (-$333M)
56% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
+$18M |
| 2 |
RCMC
Rubric Capital Management (Connecticut)
Stamford,
Connecticut
|
+$13.6M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$9.81M |
| 4 |
Millennium Management
New York
|
+$6.83M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$4.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$16.9M |
| 2 |
BWCA
Brenner West Capital Advisors
New York
|
-$10.7M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$7.75M |
| 4 |
D.E. Shaw & Co
New York
|
-$6.46M |
| 5 |
OMC
Overbrook Management Corp
New York
|
-$4.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DTL
151
Dynamic Technology Lab
Singapore
| – | -$468K | -26,433 | Closed |
|
|
PP
152
PDT Partners
New York
| – | -$388K | -21,904 | Closed |
|
|
NCCM
153
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$312K | -17,600 | Closed |
|
154
SG Americas Securities
New York
| – | -$267K | -15,088 | Closed |
|
|
PA
155
Profund Advisors
Bethesda,
Maryland
| – | -$223K | -12,600 | Closed |
|
156
Stifel Financial
St. Louis,
Missouri
| – | -$192K | -10,883 | Closed |
|
|
EMG
157
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$181K | -10,200 | Closed |
|
|
PG
158
PEAK6 Group
Chicago,
Illinois
| – | -$100K | -5,671 | Closed |
|
159
Walleye Trading
New York
| – | -$42.3K | -2,868 | Closed |
|
|
BJ
160
BlackRock Japan
Tokyo,
Japan
| – | -$28K | -1,585 | Closed |
|
|
PCM
161
Prelude Capital Management
New York
| – | -$14K | -800 | Closed |
|
162
US Bancorp
Minneapolis,
Minnesota
| – | -$4K | -236 | Closed |
|
GSM Hedge Fund Activity: Q3 2015 in Review
137 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in FerroAtlántica (GSM) for Q3 2015, worth a combined $756M — down 31% from $1.09B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of GSM and 12 opened new positions — a net loss of 15 holders — while 47 trimmed existing stakes and 64 added.
The largest buyer was Blue Harbour Group, adding an estimated $18M. The largest seller was BAMCO Inc, cutting an estimated $16.9M.
- 137 institutional investors held FerroAtlántica (GSM) as of Q3 2015, down from 152 in Q2 2015.
- Funds reported $756M of FerroAtlántica stock for Q3 2015, down 31% quarter-over-quarter.
- 12 funds opened new FerroAtlántica positions in Q3 2015 and 27 closed out, a net change of -15 holders.
- The largest FerroAtlántica buyer in Q3 2015 was Blue Harbour Group, an estimated $18M added.
- The largest FerroAtlántica seller in Q3 2015 was BAMCO Inc, an estimated $16.9M sold.
Based on aggregated 13F filings for Q3 2015.