Mesabi Trust
MSB
48 hedge funds and large institutions have $83.9M invested in Mesabi Trust in 2020 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 5 closing their positions.
480% more call options, than puts
Call options by funds: $2.96M | Put options by funds: $510K
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
56% more capital invested
Capital invested by funds: $53.8M → $83.9M (+$30.1M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
20% more funds holding
Funds holding: 40 → 48 (+8)
3.5% more ownership
Funds ownership: 19.31% → 22.81% (+3.5%)
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$7.07M |
| 2 |
MRI
Mad River Investors
Boston,
Massachusetts
|
+$3.05M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$656K |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
+$564K |
| 5 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$416K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
MAI Capital Management
Independence,
Ohio
|
-$1.07M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$676K |
| 3 |
Millennium Management
New York
|
-$226K |
| 4 |
V
ValueWorks
New York
|
-$188K |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$146K |
MSB Hedge Fund Activity: Q4 2020 in Review
48 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Mesabi Trust (MSB) for Q4 2020, worth a combined $83.9M — up 56% from $53.8M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MSB positions and 5 closed out — a net gain of 8 holders — while 10 added to existing stakes and 15 trimmed.
The largest buyer was Horizon Kinetics Asset Management, adding an estimated $7.07M. The largest seller was MAI Capital Management, exiting entirely with an estimated $1.07M sold.
- 48 institutional investors held Mesabi Trust (MSB) as of Q4 2020, up from 40 in Q3 2020.
- Funds reported $83.9M of Mesabi Trust stock for Q4 2020, up 56% quarter-over-quarter.
- 13 funds opened new Mesabi Trust positions in Q4 2020 and 5 closed out, a net change of +8 holders.
- The largest Mesabi Trust buyer in Q4 2020 was Horizon Kinetics Asset Management, an estimated $7.07M added.
- The largest Mesabi Trust seller in Q4 2020 was MAI Capital Management, an estimated $1.07M sold.
Based on aggregated 13F filings for Q4 2020.