FerroAtlántica
GSM
135 hedge funds and large institutions have $727M invested in FerroAtlántica in 2017 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 42 increasing their positions, 47 reducing their positions, and 20 closing their positions.
70% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 20
7% more funds holding
Funds holding: 126 → 135 (+9)
0.51% less ownership
Funds ownership: 41.39% → 40.88% (-0.51%)
2% less capital invested
Capital invested by funds: $742M → $727M (-$15.2M)
11% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 47
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
73% less call options, than puts
Call options by funds: $323K | Put options by funds: $1.19M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$31.2M |
| 2 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
+$10.2M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$9.32M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$9.13M |
| 5 |
Millennium Management
New York
|
+$7.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
-$30.9M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$28.5M |
| 3 |
SCM
SkyTop Capital Management
Rutherford,
New Jersey
|
-$11.7M |
| 4 |
BAMCO Inc
New York
|
-$8.12M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$5.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RFCA
151
R&F Capital Advisors
New York
| – | -$116K | -10,692 | Closed |
|
152
ProShare Advisors
Bethesda,
Maryland
| – | -$114K | -10,505 | Closed |
|
153
Simplex Trading
Chicago,
Illinois
| – | -$59.5K | -5,654 | Closed |
|
154
Group One Trading
Chicago,
Illinois
| – | -$4.2K | -399 | Closed |
|
GSM Hedge Fund Activity: Q1 2017 in Review
135 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in FerroAtlántica (GSM) for Q1 2017, worth a combined $727M — down 2% from $742M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new GSM positions and 20 closed out — a net gain of 14 holders — while 42 added to existing stakes and 47 trimmed.
The largest buyer was BlackRock, adding an estimated $31.2M. The largest seller was Blue Harbour Group, exiting entirely with an estimated $30.9M sold.
- 135 institutional investors held FerroAtlántica (GSM) as of Q1 2017, up from 126 in Q4 2016.
- Funds reported $727M of FerroAtlántica stock for Q1 2017, down 2% quarter-over-quarter.
- 34 funds opened new FerroAtlántica positions in Q1 2017 and 20 closed out, a net change of +14 holders.
- The largest FerroAtlántica buyer in Q1 2017 was BlackRock, an estimated $31.2M added.
- The largest FerroAtlántica seller in Q1 2017 was Blue Harbour Group, an estimated $30.9M sold.
Based on aggregated 13F filings for Q1 2017.