Gyrodyne
GYRO
18 hedge funds and large institutions have $2.68M invested in Gyrodyne in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 24 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
51% less funds holding
Funds holding: 37 → 18 (-19)
79% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 24
93% less capital invested
Capital invested by funds: $35.7M → $2.68M (-$33.1M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
+$6.54M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.45M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$1.19M |
| 4 |
TA
Teton Advisors
Rye,
New York
|
+$897K |
| 5 |
Two Sigma Investments
New York
|
+$750K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NM
Newtyn Management
New York
|
-$8.24M |
| 2 |
TL
TowerView LLC
New York
|
-$4.78M |
| 3 |
MFP
Michael F. Price
|
-$2.99M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.94M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Northern Trust
Chicago,
Illinois
| – | -$563K | -677 | Closed |
|
|
BCM
27
Bridgeway Capital Management
Houston,
Texas
| – | -$382K | -459 | Closed |
|
28
Asset Management One
Tokyo,
Japan
| – | -$340K | -413 | Closed |
|
|
BT
29
Beacon Trust
Morristown,
New Jersey
| – | -$339K | -407 | Closed |
|
|
PPA
30
Parametric Portfolio Associates
Seattle,
Washington
| – | -$338K | -406 | Closed |
|
31
State Street
Boston,
Massachusetts
| – | -$321K | -386 | Closed |
|
32
Geode Capital Management
Boston,
Massachusetts
| – | -$308K | -370 | Closed |
|
33
Two Sigma Advisers
New York
| – | -$271K | -325 | Closed |
|
|
NPC
34
National Planning Corporation
El Segundo,
California
| – | -$246K | -294 | Closed |
|
|
U
35
UBS
Zurich,
Switzerland
| – | -$49K | -59 | Closed |
|
|
MLICM
36
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$17K | -20 | Closed |
|
37
Credit Agricole
Montrouge Cedex,
France
| – | -$15K | -18 | Closed |
|
38
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$7K | -9 | Closed |
|
39
Bank of America
Charlotte,
North Carolina
| – | +$808 | +1 | New |
|
GYRO Hedge Fund Activity: Q4 2013 in Review
18 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Gyrodyne (GYRO) for Q4 2013, worth a combined $2.68M — down 93% from $35.7M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of GYRO and 5 opened new positions — a net loss of 19 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was Gabelli & Co Investment Advisers, adding an estimated $6.54M. The largest seller was Newtyn Management, exiting entirely with an estimated $8.24M sold.
- 18 institutional investors held Gyrodyne (GYRO) as of Q4 2013, down from 37 in Q3 2013.
- Funds reported $2.68M of Gyrodyne stock for Q4 2013, down 93% quarter-over-quarter.
- 5 funds opened new Gyrodyne positions in Q4 2013 and 24 closed out, a net change of -19 holders.
- The largest Gyrodyne buyer in Q4 2013 was Gabelli & Co Investment Advisers, an estimated $6.54M added.
- The largest Gyrodyne seller in Q4 2013 was Newtyn Management, an estimated $8.24M sold.
Based on aggregated 13F filings for Q4 2013.