Mesabi Trust
MSB
37 hedge funds and large institutions have $53.9M invested in Mesabi Trust in 2017 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 8 closing their positions.
847% more call options, than puts
Call options by funds: $3.12M | Put options by funds: $329K
80% more capital invested
Capital invested by funds: $30M → $53.9M (+$23.9M)
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
19% more funds holding
Funds holding: 31 → 37 (+6)
1.13% more ownership
Funds ownership: 16.73% → 17.86% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.19M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$801K |
| 3 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
+$698K |
| 4 |
Renaissance Technologies
New York
|
+$620K |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$571K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$804K |
| 2 |
SIC
SFE Investment Counsel
Los Angeles,
California
|
-$732K |
| 3 |
BCM
Beddow Capital Management
Jackson,
Wyoming
|
-$552K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$424K |
| 5 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$316K |
MSB Hedge Fund Activity: Q3 2017 in Review
37 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Mesabi Trust (MSB) for Q3 2017, worth a combined $53.9M — up 80% from $30M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new MSB positions and 8 closed out — a net gain of 6 holders — while 9 added to existing stakes and 10 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $1.19M. The largest seller was Hodges Capital Management, cutting an estimated $804K.
- 37 institutional investors held Mesabi Trust (MSB) as of Q3 2017, up from 31 in Q2 2017.
- Funds reported $53.9M of Mesabi Trust stock for Q3 2017, up 80% quarter-over-quarter.
- 14 funds opened new Mesabi Trust positions in Q3 2017 and 8 closed out, a net change of +6 holders.
- The largest Mesabi Trust buyer in Q3 2017 was Deutsche Bank, an estimated $1.19M added.
- The largest Mesabi Trust seller in Q3 2017 was Hodges Capital Management, an estimated $804K sold.
Based on aggregated 13F filings for Q3 2017.