Mesabi Trust
MSB
39 hedge funds and large institutions have $10.8M invested in Mesabi Trust in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
17% more capital invested
Capital invested by funds: $9.22M → $10.8M (+$1.58M)
3% more funds holding
Funds holding: 38 → 39 (+1)
1.81% less ownership
Funds ownership: 15.55% → 13.74% (-1.8%)
20% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 15
74% less call options, than puts
Call options by funds: $125K | Put options by funds: $475K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIC
SFE Investment Counsel
Los Angeles,
California
|
+$713K |
| 2 |
BCM
Beddow Capital Management
Jackson,
Wyoming
|
+$568K |
| 3 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$152K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$148K |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$75.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$718K |
| 2 |
Renaissance Technologies
New York
|
-$687K |
| 3 |
BIM
Bridgecreek Investment Management
Tulsa,
Oklahoma
|
-$545K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$356K |
| 5 |
Two Sigma Investments
New York
|
-$294K |
MSB Hedge Fund Activity: Q1 2016 in Review
39 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Mesabi Trust (MSB) for Q1 2016, worth a combined $10.8M — up 17% from $9.22M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MSB positions and 5 closed out — a net gain of 1 holder — while 12 added to existing stakes and 15 trimmed.
The largest buyer was SFE Investment Counsel, adding an estimated $713K. The largest seller was Deutsche Bank, cutting an estimated $718K.
- 39 institutional investors held Mesabi Trust (MSB) as of Q1 2016, up from 38 in Q4 2015.
- Funds reported $10.8M of Mesabi Trust stock for Q1 2016, up 17% quarter-over-quarter.
- 6 funds opened new Mesabi Trust positions in Q1 2016 and 5 closed out, a net change of +1 holder.
- The largest Mesabi Trust buyer in Q1 2016 was SFE Investment Counsel, an estimated $713K added.
- The largest Mesabi Trust seller in Q1 2016 was Deutsche Bank, an estimated $718K sold.
Based on aggregated 13F filings for Q1 2016.