Mesabi Trust
MSB
64 hedge funds and large institutions have $157M invested in Mesabi Trust in 2025 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 9 reducing their positions, and 8 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 9
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
35% more call options, than puts
Call options by funds: $492K | Put options by funds: $364K
5% more funds holding
Funds holding: 61 → 64 (+3)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.3% less ownership
Funds ownership: 46.28% → 43.99% (-2.3%)
8% less capital invested
Capital invested by funds: $171M → $157M (-$13.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$1.61M |
| 2 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$1.1M |
| 3 |
NS
NBC Securities
Birmingham,
Alabama
|
+$931K |
| 4 |
ECM
EagleClaw Capital Management
Boston,
Massachusetts
|
+$534K |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$526K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Moors & Cabot
Boston,
Massachusetts
|
-$8.9M |
| 2 |
V
ValueWorks
New York
|
-$2.31M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.86M |
| 4 |
BCM
Beddow Capital Management
Jackson,
Wyoming
|
-$774K |
| 5 |
Morgan Stanley
New York
|
-$531K |
MSB Hedge Fund Activity: Q1 2025 in Review
64 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in Mesabi Trust (MSB) for Q1 2025, worth a combined $157M — down 8.1% from $171M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MSB positions and 8 closed out — a net gain of 3 holders — while 30 added to existing stakes and 9 trimmed.
The largest buyer was Horizon Kinetics Asset Management, adding an estimated $1.61M. The largest seller was Moors & Cabot, cutting an estimated $8.9M.
- 64 institutional investors held Mesabi Trust (MSB) as of Q1 2025, up from 61 in Q4 2024.
- Funds reported $157M of Mesabi Trust stock for Q1 2025, down 8.1% quarter-over-quarter.
- 11 funds opened new Mesabi Trust positions in Q1 2025 and 8 closed out, a net change of +3 holders.
- The largest Mesabi Trust buyer in Q1 2025 was Horizon Kinetics Asset Management, an estimated $1.61M added.
- The largest Mesabi Trust seller in Q1 2025 was Moors & Cabot, an estimated $8.9M sold.
Based on aggregated 13F filings for Q1 2025.