Mesabi Trust
MSB
40 hedge funds and large institutions have $53.8M invested in Mesabi Trust in 2020 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 8 closing their positions.
254% more call options, than puts
Call options by funds: $2.67M | Put options by funds: $753K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
62% more capital invested
Capital invested by funds: $33.2M → $53.8M (+$20.6M)
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
8% more funds holding
Funds holding: 37 → 40 (+3)
4.87% more ownership
Funds ownership: 14.44% → 19.31% (+4.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$10.5M |
| 2 |
MRI
Mad River Investors
Boston,
Massachusetts
|
+$1.07M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$533K |
| 4 |
Millennium Management
New York
|
+$354K |
| 5 |
SIC
SFE Investment Counsel
Los Angeles,
California
|
+$338K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$785K |
| 2 |
Morgan Stanley
New York
|
-$553K |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$307K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$197K |
| 5 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
-$118K |
MSB Hedge Fund Activity: Q3 2020 in Review
40 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Mesabi Trust (MSB) for Q3 2020, worth a combined $53.8M — up 62% from $33.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MSB positions and 8 closed out — a net gain of 3 holders — while 13 added to existing stakes and 7 trimmed.
The largest buyer was Horizon Kinetics Asset Management, adding an estimated $10.5M. The largest seller was Osaic Holdings, cutting an estimated $785K.
- 40 institutional investors held Mesabi Trust (MSB) as of Q3 2020, up from 37 in Q2 2020.
- Funds reported $53.8M of Mesabi Trust stock for Q3 2020, up 62% quarter-over-quarter.
- 11 funds opened new Mesabi Trust positions in Q3 2020 and 8 closed out, a net change of +3 holders.
- The largest Mesabi Trust buyer in Q3 2020 was Horizon Kinetics Asset Management, an estimated $10.5M added.
- The largest Mesabi Trust seller in Q3 2020 was Osaic Holdings, an estimated $785K sold.
Based on aggregated 13F filings for Q3 2020.