FerroAtlántica
GSM
128 hedge funds and large institutions have $780M invested in FerroAtlántica in 2018 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 48 increasing their positions, 37 reducing their positions, and 19 closing their positions.
294% more call options, than puts
Call options by funds: $18.2M | Put options by funds: $4.61M
58% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 19
30% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 37
9% more funds holding
Funds holding: 117 → 128 (+11)
2.15% more ownership
Funds ownership: 41.24% → 43.38% (+2.1%)
31% less capital invested
Capital invested by funds: $1.14B → $780M (-$356M)
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$26.4M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$15.3M |
| 3 |
PIM
Paradice Investment Management
Denver,
Colorado
|
+$14.2M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$13M |
| 5 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$11.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Corsair Capital Management
New York
|
-$14.2M |
| 2 |
CC
Clearline Capital
New York
|
-$12.4M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$10.7M |
| 4 |
CCPM
Cooper Creek Partners Management
New York
|
-$9.61M |
| 5 |
GG
GCM Grosvenor
Chicago,
Illinois
|
-$9.4M |
GSM Hedge Fund Activity: Q1 2018 in Review
128 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in FerroAtlántica (GSM) for Q1 2018, worth a combined $780M — down 31% from $1.14B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new GSM positions and 19 closed out — a net gain of 11 holders — while 48 added to existing stakes and 37 trimmed.
The largest buyer was Millennium Management, adding an estimated $26.4M. The largest seller was Corsair Capital Management, cutting an estimated $14.2M.
- 128 institutional investors held FerroAtlántica (GSM) as of Q1 2018, up from 117 in Q4 2017.
- Funds reported $780M of FerroAtlántica stock for Q1 2018, down 31% quarter-over-quarter.
- 30 funds opened new FerroAtlántica positions in Q1 2018 and 19 closed out, a net change of +11 holders.
- The largest FerroAtlántica buyer in Q1 2018 was Millennium Management, an estimated $26.4M added.
- The largest FerroAtlántica seller in Q1 2018 was Corsair Capital Management, an estimated $14.2M sold.
Based on aggregated 13F filings for Q1 2018.