Mesabi Trust
MSB
45 hedge funds and large institutions have $39.2M invested in Mesabi Trust in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 6 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
0.36% more ownership
Funds ownership: 13.83% → 14.19% (+0.36%)
3% less capital invested
Capital invested by funds: $40.4M → $39.2M (-$1.18M)
4% less funds holding
Funds holding: 47 → 45 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
62% less call options, than puts
Call options by funds: $521K | Put options by funds: $1.38M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIC
SFE Investment Counsel
Los Angeles,
California
|
+$2.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$558K |
| 3 |
V
ValueWorks
New York
|
+$373K |
| 4 |
BCM
Beddow Capital Management
Jackson,
Wyoming
|
+$160K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$124K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
-$1.12M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$707K |
| 3 |
Renaissance Technologies
New York
|
-$497K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$209K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$193K |
MSB Hedge Fund Activity: Q1 2014 in Review
45 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Mesabi Trust (MSB) for Q1 2014, worth a combined $39.2M — down 2.9% from $40.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MSB and 4 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 15 added.
The largest buyer was SFE Investment Counsel, adding an estimated $2.4M. The largest seller was Gotham Asset Management, exiting entirely with an estimated $1.12M sold.
- 45 institutional investors held Mesabi Trust (MSB) as of Q1 2014, down from 47 in Q4 2013.
- Funds reported $39.2M of Mesabi Trust stock for Q1 2014, down 2.9% quarter-over-quarter.
- 4 funds opened new Mesabi Trust positions in Q1 2014 and 6 closed out, a net change of -2 holders.
- The largest Mesabi Trust buyer in Q1 2014 was SFE Investment Counsel, an estimated $2.4M added.
- The largest Mesabi Trust seller in Q1 2014 was Gotham Asset Management, an estimated $1.12M sold.
Based on aggregated 13F filings for Q1 2014.