Mesabi Trust
MSB
47 hedge funds and large institutions have $40.4M invested in Mesabi Trust in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 11 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
14% more capital invested
Capital invested by funds: $35.3M → $40.4M (+$5.05M)
1.52% more ownership
Funds ownership: 12.31% → 13.83% (+1.5%)
6% less funds holding
Funds holding: 50 → 47 (-3)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
34% less call options, than puts
Call options by funds: $730K | Put options by funds: $1.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIC
SFE Investment Counsel
Los Angeles,
California
|
+$2.8M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.44M |
| 3 |
BCM
Beddow Capital Management
Jackson,
Wyoming
|
+$554K |
| 4 |
VanEck Associates
New York
|
+$539K |
| 5 |
Renaissance Technologies
New York
|
+$517K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
-$947K |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$438K |
| 3 |
Morgan Stanley
New York
|
-$366K |
| 4 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$267K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$223K |
MSB Hedge Fund Activity: Q4 2013 in Review
47 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Mesabi Trust (MSB) for Q4 2013, worth a combined $40.4M — up 14% from $35.3M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of MSB and 8 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 14 added.
The largest buyer was SFE Investment Counsel, adding an estimated $2.8M. The largest seller was Gotham Asset Management, cutting an estimated $947K.
- 47 institutional investors held Mesabi Trust (MSB) as of Q4 2013, down from 50 in Q3 2013.
- Funds reported $40.4M of Mesabi Trust stock for Q4 2013, up 14% quarter-over-quarter.
- 8 funds opened new Mesabi Trust positions in Q4 2013 and 11 closed out, a net change of -3 holders.
- The largest Mesabi Trust buyer in Q4 2013 was SFE Investment Counsel, an estimated $2.8M added.
- The largest Mesabi Trust seller in Q4 2013 was Gotham Asset Management, an estimated $947K sold.
Based on aggregated 13F filings for Q4 2013.