Mesabi Trust
MSB
64 hedge funds and large institutions have $135M invested in Mesabi Trust in 2021 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 7 closing their positions.
909% more call options, than puts
Call options by funds: $3.88M | Put options by funds: $385K
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
28% more capital invested
Capital invested by funds: $105M → $135M (+$29.7M)
12% more funds holding
Funds holding: 57 → 64 (+7)
2.4% more ownership
Funds ownership: 26.67% → 29.07% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$7.8M |
| 2 |
EFS
Essex Financial Services
Essex,
Connecticut
|
+$3.12M |
| 3 |
BlackRock
New York
|
+$994K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$967K |
| 5 |
Morgan Stanley
New York
|
+$722K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIC
SFE Investment Counsel
Los Angeles,
California
|
-$2.31M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.54M |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
-$722K |
| 4 |
HF
HRT Financial
New York
|
-$421K |
| 5 |
BCM
Beddow Capital Management
Jackson,
Wyoming
|
-$416K |
MSB Hedge Fund Activity: Q2 2021 in Review
64 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Mesabi Trust (MSB) for Q2 2021, worth a combined $135M — up 28% from $105M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new MSB positions and 7 closed out — a net gain of 7 holders — while 17 added to existing stakes and 12 trimmed.
The largest buyer was Horizon Kinetics Asset Management, adding an estimated $7.8M. The largest seller was SFE Investment Counsel, cutting an estimated $2.31M.
- 64 institutional investors held Mesabi Trust (MSB) as of Q2 2021, up from 57 in Q1 2021.
- Funds reported $135M of Mesabi Trust stock for Q2 2021, up 28% quarter-over-quarter.
- 14 funds opened new Mesabi Trust positions in Q2 2021 and 7 closed out, a net change of +7 holders.
- The largest Mesabi Trust buyer in Q2 2021 was Horizon Kinetics Asset Management, an estimated $7.8M added.
- The largest Mesabi Trust seller in Q2 2021 was SFE Investment Counsel, an estimated $2.31M sold.
Based on aggregated 13F filings for Q2 2021.