International Money Express
IMXI
29 hedge funds and large institutions have $120M invested in International Money Express in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
16% more funds holding
Funds holding: 25 → 29 (+4)
5% more capital invested
Capital invested by funds: $114M → $120M (+$5.87M)
2.12% more ownership
Funds ownership: 48.17% → 50.29% (+2.1%)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$9.98M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$5.99M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$5.56M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$5.52M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$4.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$12.9M |
| 2 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$12M |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$4.44M |
| 4 |
BCM
Basso Capital Management
Stamford,
Connecticut
|
-$3.39M |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$3.33M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
26
Bluefin Capital Management
New York
| $464K | -$20K | -2,000 | -4% |
|
27
Citigroup
New York
| $251K | -$2.89M | -290,000 | -92% |
|
|
TSS
28
Two Sigma Securities
New York
| $106K | +$105K | +10,500 | New |
|
29
Morgan Stanley
New York
| $9K | +$9.09K | +911 | New |
|
|
HIM
30
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$12M | -1,208,927 | Closed |
|
|
LIM
31
Longfellow Investment Management
Boston,
Massachusetts
| – | -$4.44M | -446,579 | Closed |
|
|
CCA
32
Castle Creek Arbitrage
Avon,
Colorado
| – | -$526K | -52,915 | Closed |
|
|
HCMT
33
Highland Capital Management (Texas)
Dallas,
Texas
| – | -$417K | -41,948 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$1K | -112 | Closed |
|
IMXI Hedge Fund Activity: Q2 2018 in Review
29 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in International Money Express (IMXI) for Q2 2018, worth a combined $120M — up 5.1% from $114M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new IMXI positions and 5 closed out — a net gain of 4 holders — while 5 added to existing stakes and 6 trimmed.
The largest buyer was BlueCrest Capital Management, opening a new position worth an estimated $9.98M. The largest seller was Polar Asset Management Partners, cutting an estimated $12.9M.
- 29 institutional investors held International Money Express (IMXI) as of Q2 2018, up from 25 in Q1 2018.
- Funds reported $120M of International Money Express stock for Q2 2018, up 5.1% quarter-over-quarter.
- 9 funds opened new International Money Express positions in Q2 2018 and 5 closed out, a net change of +4 holders.
- The largest International Money Express buyer in Q2 2018 was BlueCrest Capital Management, an estimated $9.98M added.
- The largest International Money Express seller in Q2 2018 was Polar Asset Management Partners, an estimated $12.9M sold.
Based on aggregated 13F filings for Q2 2018.