Mesabi Trust
MSB
44 hedge funds and large institutions have $50.2M invested in Mesabi Trust in 2018 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 15 closing their positions.
33% more call options, than puts
Call options by funds: $2.81M | Put options by funds: $2.1M
1.21% less ownership
Funds ownership: 17.36% → 16.15% (-1.2%)
19% less funds holding
Funds holding: 54 → 44 (-10)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
43% less capital inflows, than outflows
Capital inflows: $5.51M | Capital outflows: $9.71M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
67% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Horizon Kinetics
New York
|
+$3.18M |
| 2 |
Morgan Stanley
New York
|
+$583K |
| 3 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$574K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$443K |
| 5 |
AIM
Advantage Investment Management
Cedar Rapids,
Iowa
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Freestone Capital Holdings
Seattle,
Washington
|
-$1.9M |
| 2 |
BCM
Brightline Capital Management
Miami,
Florida
|
-$1.06M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$995K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$888K |
| 5 |
Renaissance Technologies
New York
|
-$888K |
MSB Hedge Fund Activity: Q4 2018 in Review
44 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in Mesabi Trust (MSB) for Q4 2018, worth a combined $50.2M — down 17% from $60.4M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MSB and 5 opened new positions — a net loss of 10 holders — while 16 trimmed existing stakes and 13 added.
The largest buyer was Horizon Kinetics, adding an estimated $3.18M. The largest seller was Freestone Capital Holdings, cutting an estimated $1.9M.
- 44 institutional investors held Mesabi Trust (MSB) as of Q4 2018, down from 54 in Q3 2018.
- Funds reported $50.2M of Mesabi Trust stock for Q4 2018, down 17% quarter-over-quarter.
- 5 funds opened new Mesabi Trust positions in Q4 2018 and 15 closed out, a net change of -10 holders.
- The largest Mesabi Trust buyer in Q4 2018 was Horizon Kinetics, an estimated $3.18M added.
- The largest Mesabi Trust seller in Q4 2018 was Freestone Capital Holdings, an estimated $1.9M sold.
Based on aggregated 13F filings for Q4 2018.