International Money Express
IMXI
22 hedge funds and large institutions have $109M invested in International Money Express in 2017 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 5 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
13% more capital invested
Capital invested by funds: $96.6M → $109M (+$12.2M)
4.76% more ownership
Funds ownership: 41.15% → 45.91% (+4.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
4% less funds holding
Funds holding: 23 → 22 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DKCM
Davidson Kempner Capital Management
New York
|
+$13.1M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$6.38M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$3.12M |
| 4 |
Citigroup
New York
|
+$2.94M |
| 5 |
GCL
Glazer Capital LLC
New York
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Assured Investment Management
New York
|
-$14.7M |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$3.44M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.93M |
| 4 |
PGC
Pacific Grove Capital
San Francisco,
California
|
-$804K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$490K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PGC
26
Pacific Grove Capital
San Francisco,
California
| – | -$804K | -82,000 | Closed |
|
27
UBS Group
Zurich,
Switzerland
| – | -$6K | -600 | Closed |
|
IMXI Hedge Fund Activity: Q4 2017 in Review
22 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in International Money Express (IMXI) for Q4 2017, worth a combined $109M — up 13% from $96.6M a quarter earlier.
Fund positioning in IMXI was balanced in Q4 2017: 5 funds opened new positions, 5 closed out, 7 added to existing stakes and 2 trimmed.
The largest buyer was Davidson Kempner Capital Management, opening a new position worth an estimated $13.1M. The largest seller was Assured Investment Management, exiting entirely with an estimated $14.7M sold.
- 22 institutional investors held International Money Express (IMXI) as of Q4 2017, down from 23 in Q3 2017.
- Funds reported $109M of International Money Express stock for Q4 2017, up 13% quarter-over-quarter.
- 5 funds opened new International Money Express positions in Q4 2017 and 5 closed out, a net change of 0 holders.
- The largest International Money Express buyer in Q4 2017 was Davidson Kempner Capital Management, an estimated $13.1M added.
- The largest International Money Express seller in Q4 2017 was Assured Investment Management, an estimated $14.7M sold.
Based on aggregated 13F filings for Q4 2017.