Mesabi Trust
MSB
50 hedge funds and large institutions have $35.3M invested in Mesabi Trust in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 8 closing their positions.
32% more call options, than puts
Call options by funds: $1M | Put options by funds: $758K
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
4% more funds holding
Funds holding: 48 → 50 (+2)
5% less capital invested
Capital invested by funds: $37.1M → $35.3M (-$1.79M)
3.51% less ownership
Funds ownership: 15.82% → 12.31% (-3.5%)
35% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
Bridgecreek Investment Management
Tulsa,
Oklahoma
|
+$831K |
| 2 |
SIC
SFE Investment Counsel
Los Angeles,
California
|
+$598K |
| 3 |
BCM
Beddow Capital Management
Jackson,
Wyoming
|
+$562K |
| 4 |
Comerica Bank
Dallas,
Texas
|
+$390K |
| 5 |
FDS
First Dallas Securities
Dallas,
Texas
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFMS
Trust & Fiduciary Management Services
Boston,
Massachusetts
|
-$2.68M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.94M |
| 3 |
IWC
Integrated Wealth Counsel
Carmel,
California
|
-$1.49M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.36M |
| 5 |
Renaissance Technologies
New York
|
-$1.35M |
MSB Hedge Fund Activity: Q3 2013 in Review
50 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Mesabi Trust (MSB) for Q3 2013, worth a combined $35.3M — down 4.8% from $37.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MSB positions and 8 closed out — a net gain of 2 holders — while 11 added to existing stakes and 17 trimmed.
The largest buyer was Bridgecreek Investment Management, adding an estimated $831K. The largest seller was Trust & Fiduciary Management Services, exiting entirely with an estimated $2.68M sold.
- 50 institutional investors held Mesabi Trust (MSB) as of Q3 2013, up from 48 in Q2 2013.
- Funds reported $35.3M of Mesabi Trust stock for Q3 2013, down 4.8% quarter-over-quarter.
- 10 funds opened new Mesabi Trust positions in Q3 2013 and 8 closed out, a net change of +2 holders.
- The largest Mesabi Trust buyer in Q3 2013 was Bridgecreek Investment Management, an estimated $831K added.
- The largest Mesabi Trust seller in Q3 2013 was Trust & Fiduciary Management Services, an estimated $2.68M sold.
Based on aggregated 13F filings for Q3 2013.