Mesabi Trust
MSB
54 hedge funds and large institutions have $60.4M invested in Mesabi Trust in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 10 increasing their positions, 18 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0% more funds holding
Funds holding: 54 → 54 (0)
1% less capital invested
Capital invested by funds: $60.8M → $60.4M (-$470K)
1.52% less ownership
Funds ownership: 18.87% → 17.36% (-1.5%)
30% less call options, than puts
Call options by funds: $2.94M | Put options by funds: $4.19M
44% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
+$1.37M |
| 2 |
CIC
Carnegie Investment Counsel
Pepper Pike,
Ohio
|
+$772K |
| 3 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$380K |
| 4 |
Morgan Stanley
New York
|
+$319K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$283K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brightline Capital Management
Miami,
Florida
|
-$3.27M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.26M |
| 3 |
BCM
Beddow Capital Management
Jackson,
Wyoming
|
-$987K |
| 4 |
Millennium Management
New York
|
-$915K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$422K |
MSB Hedge Fund Activity: Q3 2018 in Review
54 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Mesabi Trust (MSB) for Q3 2018, worth a combined $60.4M — down 0.77% from $60.8M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MSB positions and 11 closed out — a net gain of 1 holder — while 10 added to existing stakes and 18 trimmed.
The largest buyer was Horizon Kinetics, opening a new position worth an estimated $1.37M. The largest seller was Brightline Capital Management, cutting an estimated $3.27M.
- 54 institutional investors held Mesabi Trust (MSB) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $60.4M of Mesabi Trust stock for Q3 2018, down 0.77% quarter-over-quarter.
- 12 funds opened new Mesabi Trust positions in Q3 2018 and 11 closed out, a net change of +1 holder.
- The largest Mesabi Trust buyer in Q3 2018 was Horizon Kinetics, an estimated $1.37M added.
- The largest Mesabi Trust seller in Q3 2018 was Brightline Capital Management, an estimated $3.27M sold.
Based on aggregated 13F filings for Q3 2018.