Mesabi Trust
MSB
39 hedge funds and large institutions have $29.6M invested in Mesabi Trust in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 10 closing their positions.
88% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 8
15% more call options, than puts
Call options by funds: $704K | Put options by funds: $610K
1.45% more ownership
Funds ownership: 15.37% → 16.82% (+1.5%)
11% less funds holding
Funds holding: 44 → 39 (-5)
15% less capital invested
Capital invested by funds: $34.9M → $29.6M (-$5.24M)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$2.68M |
| 2 |
SIC
SFE Investment Counsel
Los Angeles,
California
|
+$1.71M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$978K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$873K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$603K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Panning Capital Management
New York
|
-$828K |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$517K |
| 3 |
PAM
PVG Asset Management
Golden,
Colorado
|
-$507K |
| 4 |
Two Sigma Investments
New York
|
-$459K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$373K |
MSB Hedge Fund Activity: Q1 2015 in Review
39 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Mesabi Trust (MSB) for Q1 2015, worth a combined $29.6M — down 15% from $34.9M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MSB and 6 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 15 added.
The largest buyer was Freestone Capital Holdings, adding an estimated $2.68M. The largest seller was Panning Capital Management, exiting entirely with an estimated $828K sold.
- 39 institutional investors held Mesabi Trust (MSB) as of Q1 2015, down from 44 in Q4 2014.
- Funds reported $29.6M of Mesabi Trust stock for Q1 2015, down 15% quarter-over-quarter.
- 6 funds opened new Mesabi Trust positions in Q1 2015 and 10 closed out, a net change of -4 holders.
- The largest Mesabi Trust buyer in Q1 2015 was Freestone Capital Holdings, an estimated $2.68M added.
- The largest Mesabi Trust seller in Q1 2015 was Panning Capital Management, an estimated $828K sold.
Based on aggregated 13F filings for Q1 2015.