Mesabi Trust
MSB
57 hedge funds and large institutions have $105M invested in Mesabi Trust in 2021 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 9 closing their positions.
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
38% more call options, than puts
Call options by funds: $1.55M | Put options by funds: $1.12M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
26% more capital invested
Capital invested by funds: $83.9M → $105M (+$21.5M)
19% more funds holding
Funds holding: 48 → 57 (+9)
3.86% more ownership
Funds ownership: 22.81% → 26.67% (+3.9%)
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$7.59M |
| 2 |
BlackRock
New York
|
+$2.06M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.32M |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
+$787K |
| 5 |
Morgan Stanley
New York
|
+$627K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
-$410K |
| 2 |
LSA
Lion Street Advisors
Austin,
Texas
|
-$327K |
| 3 |
SIC
SFE Investment Counsel
Los Angeles,
California
|
-$327K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$278K |
| 5 |
Millennium Management
New York
|
-$267K |
MSB Hedge Fund Activity: Q1 2021 in Review
57 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Mesabi Trust (MSB) for Q1 2021, worth a combined $105M — up 26% from $83.9M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new MSB positions and 9 closed out — a net gain of 9 holders — while 14 added to existing stakes and 13 trimmed.
The largest buyer was Horizon Kinetics Asset Management, adding an estimated $7.59M. The largest seller was Freestone Capital Holdings, cutting an estimated $410K.
- 57 institutional investors held Mesabi Trust (MSB) as of Q1 2021, up from 48 in Q4 2020.
- Funds reported $105M of Mesabi Trust stock for Q1 2021, up 26% quarter-over-quarter.
- 18 funds opened new Mesabi Trust positions in Q1 2021 and 9 closed out, a net change of +9 holders.
- The largest Mesabi Trust buyer in Q1 2021 was Horizon Kinetics Asset Management, an estimated $7.59M added.
- The largest Mesabi Trust seller in Q1 2021 was Freestone Capital Holdings, an estimated $410K sold.
Based on aggregated 13F filings for Q1 2021.