Mesabi Trust
MSB
46 hedge funds and large institutions have $109M invested in Mesabi Trust in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 4 closing their positions.
383% more call options, than puts
Call options by funds: $454K | Put options by funds: $94K
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
2% more funds holding
Funds holding: 45 → 46 (+1)
1.52% more ownership
Funds ownership: 40.04% → 41.56% (+1.5%)
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
2% more capital invested
Capital invested by funds: $107M → $109M (+$2.48M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$1.78M |
| 2 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$948K |
| 3 |
BCM
Beddow Capital Management
Jackson,
Wyoming
|
+$368K |
| 4 |
LPL Financial
San Diego,
California
|
+$255K |
| 5 |
ECM
EagleClaw Capital Management
Boston,
Massachusetts
|
+$230K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$181K |
| 2 |
OCPWS
One Charles Private Wealth Services
Hingham,
Massachusetts
|
-$150K |
| 3 |
Morgan Stanley
New York
|
-$114K |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$111K |
| 5 |
LWCFA
Loring Wolcott & Coolidge Fiduciary Advisors
Boston,
Massachusetts
|
-$49K |
MSB Hedge Fund Activity: Q3 2023 in Review
46 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Mesabi Trust (MSB) for Q3 2023, worth a combined $109M — up 2.3% from $107M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MSB positions and 4 closed out — a net gain of 2 holders — while 14 added to existing stakes and 13 trimmed.
The largest buyer was Horizon Kinetics Asset Management, adding an estimated $1.78M. The largest seller was National Bank of Canada, cutting an estimated $181K.
- 46 institutional investors held Mesabi Trust (MSB) as of Q3 2023, up from 45 in Q2 2023.
- Funds reported $109M of Mesabi Trust stock for Q3 2023, up 2.3% quarter-over-quarter.
- 6 funds opened new Mesabi Trust positions in Q3 2023 and 4 closed out, a net change of +2 holders.
- The largest Mesabi Trust buyer in Q3 2023 was Horizon Kinetics Asset Management, an estimated $1.78M added.
- The largest Mesabi Trust seller in Q3 2023 was National Bank of Canada, an estimated $181K sold.
Based on aggregated 13F filings for Q3 2023.