Mesabi Trust
MSB
45 hedge funds and large institutions have $52.2M invested in Mesabi Trust in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 13 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.38% less ownership
Funds ownership: 17.03% → 16.64% (-0.38%)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
10% less call options, than puts
Call options by funds: $1.39M | Put options by funds: $1.55M
17% less funds holding
Funds holding: 54 → 45 (-9)
21% less capital invested
Capital invested by funds: $65.9M → $52.2M (-$13.7M)
69% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIC
SFE Investment Counsel
Los Angeles,
California
|
+$1.19M |
| 2 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$692K |
| 3 |
Morgan Stanley
New York
|
+$610K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$586K |
| 5 |
V
ValueWorks
New York
|
+$543K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.3M |
| 2 |
Millennium Management
New York
|
-$553K |
| 3 |
BCM
Beddow Capital Management
Jackson,
Wyoming
|
-$532K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$514K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$512K |
MSB Hedge Fund Activity: Q3 2019 in Review
45 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Mesabi Trust (MSB) for Q3 2019, worth a combined $52.2M — down 21% from $65.9M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of MSB and 4 opened new positions — a net loss of 9 holders — while 14 trimmed existing stakes and 13 added.
The largest buyer was SFE Investment Counsel, adding an estimated $1.19M. The largest seller was Acadian Asset Management, cutting an estimated $1.3M.
- 45 institutional investors held Mesabi Trust (MSB) as of Q3 2019, down from 54 in Q2 2019.
- Funds reported $52.2M of Mesabi Trust stock for Q3 2019, down 21% quarter-over-quarter.
- 4 funds opened new Mesabi Trust positions in Q3 2019 and 13 closed out, a net change of -9 holders.
- The largest Mesabi Trust buyer in Q3 2019 was SFE Investment Counsel, an estimated $1.19M added.
- The largest Mesabi Trust seller in Q3 2019 was Acadian Asset Management, an estimated $1.3M sold.
Based on aggregated 13F filings for Q3 2019.