MINES MGMT INC
MGN
MGN was delisted on the 13th of September, 2016.
22 hedge funds and large institutions have $2.72M invested in MINES MGMT INC in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 1 closing their positions.
1,059% more capital invested
Capital invested by funds: $235K → $2.72M (+$2.49M)
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
38% more funds holding
Funds holding: 16 → 22 (+6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$976K |
| 2 |
KAM
Kassirer Asset Management
Toronto,
Ontario, Canada
|
+$425K |
| 3 |
FNYS
First New York Securities
New York
|
+$39K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$31.8K |
| 5 |
Renaissance Technologies
New York
|
+$30.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$11K |
| 2 |
Goldman Sachs
New York
|
-$83 |
MGN Hedge Fund Activity: Q2 2016 in Review
22 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in MINES MGMT INC (MGN) for Q2 2016, worth a combined $2.72M — up 1,059% from $235K a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MGN positions and 1 closed out — a net gain of 6 holders — while 6 added to existing stakes and 1 trimmed.
The largest buyer was K2 Principal Fund, opening a new position worth an estimated $976K. The largest seller was Citadel Advisors, exiting entirely with an estimated $11K sold.
- 22 institutional investors held MINES MGMT INC (MGN) as of Q2 2016, up from 16 in Q1 2016.
- Funds reported $2.72M of MINES MGMT INC stock for Q2 2016, up 1,059% quarter-over-quarter.
- 7 funds opened new MINES MGMT INC positions in Q2 2016 and 1 closed out, a net change of +6 holders.
- The largest MINES MGMT INC buyer in Q2 2016 was K2 Principal Fund, an estimated $976K added.
- The largest MINES MGMT INC seller in Q2 2016 was Citadel Advisors, an estimated $11K sold.
Based on aggregated 13F filings for Q2 2016.