Mesabi Trust
MSB
50 hedge funds and large institutions have $94.2M invested in Mesabi Trust in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 13 reducing their positions, and 6 closing their positions.
292% more call options, than puts
Call options by funds: $357K | Put options by funds: $91K
38% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 13
1% less ownership
Funds ownership: 41.56% → 40.56% (-1%)
2% less funds holding
Funds holding: 51 → 50 (-1)
16% less capital invested
Capital invested by funds: $112M → $94.2M (-$17.4M)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$2.31M |
| 2 |
ECM
EagleClaw Capital Management
Boston,
Massachusetts
|
+$1.32M |
| 3 |
MRI
Mad River Investors
Boston,
Massachusetts
|
+$480K |
| 4 |
Two Sigma Investments
New York
|
+$431K |
| 5 |
Two Sigma Advisers
New York
|
+$421K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$6.05M |
| 2 |
Morgan Stanley
New York
|
-$1.25M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$296K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$293K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$234K |
MSB Hedge Fund Activity: Q1 2024 in Review
50 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Mesabi Trust (MSB) for Q1 2024, worth a combined $94.2M — down 16% from $112M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MSB and 5 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 18 added.
The largest buyer was Moors & Cabot, adding an estimated $2.31M. The largest seller was Horizon Kinetics Asset Management, cutting an estimated $6.05M.
- 50 institutional investors held Mesabi Trust (MSB) as of Q1 2024, down from 51 in Q4 2023.
- Funds reported $94.2M of Mesabi Trust stock for Q1 2024, down 16% quarter-over-quarter.
- 5 funds opened new Mesabi Trust positions in Q1 2024 and 6 closed out, a net change of -1 holder.
- The largest Mesabi Trust buyer in Q1 2024 was Moors & Cabot, an estimated $2.31M added.
- The largest Mesabi Trust seller in Q1 2024 was Horizon Kinetics Asset Management, an estimated $6.05M sold.
Based on aggregated 13F filings for Q1 2024.