FerroAtlántica
GSM
153 hedge funds and large institutions have $1.12B invested in FerroAtlántica in 2014 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 42 increasing their positions, 68 reducing their positions, and 20 closing their positions.
5% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 20
1% less funds holding
Funds holding: 155 → 153 (-2)
12% less capital invested
Capital invested by funds: $1.28B → $1.12B (-$158M)
38% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 68
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
85% less call options, than puts
Call options by funds: $373K | Put options by funds: $2.49M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
+$20.9M |
| 2 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
+$16.7M |
| 3 |
SCM
Sandler Capital Management
New York
|
+$11.5M |
| 4 |
Millennium Management
New York
|
+$9.81M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
-$21.3M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$11.3M |
| 3 |
Morgan Stanley
New York
|
-$6.65M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$5.15M |
| 5 |
WBC
Westpac Banking Corp
Sydney,
Australia
|
-$4.04M |
GSM Hedge Fund Activity: Q3 2014 in Review
153 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in FerroAtlántica (GSM) for Q3 2014, worth a combined $1.12B — down 12% from $1.28B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of GSM and 19 opened new positions — a net loss of 1 holder — while 68 trimmed existing stakes and 42 added.
The largest buyer was Luther King Capital Management (LKCM), opening a new position worth an estimated $20.9M. The largest seller was Blue Harbour Group, cutting an estimated $21.3M.
- 153 institutional investors held FerroAtlántica (GSM) as of Q3 2014, down from 155 in Q2 2014.
- Funds reported $1.12B of FerroAtlántica stock for Q3 2014, down 12% quarter-over-quarter.
- 19 funds opened new FerroAtlántica positions in Q3 2014 and 20 closed out, a net change of -1 holder.
- The largest FerroAtlántica buyer in Q3 2014 was Luther King Capital Management (LKCM), an estimated $20.9M added.
- The largest FerroAtlántica seller in Q3 2014 was Blue Harbour Group, an estimated $21.3M sold.
Based on aggregated 13F filings for Q3 2014.