Mesabi Trust
MSB
30 hedge funds and large institutions have $32.2M invested in Mesabi Trust in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 7 closing their positions.
75% more call options, than puts
Call options by funds: $1.13M | Put options by funds: $645K
40% more capital invested
Capital invested by funds: $23.1M → $32.2M (+$9.14M)
0.55% more ownership
Funds ownership: 15.81% → 16.36% (+0.55%)
14% less funds holding
Funds holding: 35 → 30 (-5)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JMH
J.M. Hartwell
New York
|
+$1.24M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.05M |
| 3 |
Morgan Stanley
New York
|
+$279K |
| 4 |
Millennium Management
New York
|
+$276K |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$256K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIC
SFE Investment Counsel
Los Angeles,
California
|
-$630K |
| 2 |
D.E. Shaw & Co
New York
|
-$296K |
| 3 |
Renaissance Technologies
New York
|
-$241K |
| 4 |
BCM
Beddow Capital Management
Jackson,
Wyoming
|
-$233K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$225K |
MSB Hedge Fund Activity: Q1 2017 in Review
30 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Mesabi Trust (MSB) for Q1 2017, worth a combined $32.2M — up 40% from $23.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MSB and 3 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 5 added.
The largest buyer was J.M. Hartwell, opening a new position worth an estimated $1.24M. The largest seller was SFE Investment Counsel, cutting an estimated $630K.
- 30 institutional investors held Mesabi Trust (MSB) as of Q1 2017, down from 35 in Q4 2016.
- Funds reported $32.2M of Mesabi Trust stock for Q1 2017, up 40% quarter-over-quarter.
- 3 funds opened new Mesabi Trust positions in Q1 2017 and 7 closed out, a net change of -4 holders.
- The largest Mesabi Trust buyer in Q1 2017 was J.M. Hartwell, an estimated $1.24M added.
- The largest Mesabi Trust seller in Q1 2017 was SFE Investment Counsel, an estimated $630K sold.
Based on aggregated 13F filings for Q1 2017.