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MSB

Mesabi Trust

64 hedge funds and large institutions have $144M invested in Mesabi Trust in 2025 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 20 increasing their positions, 18 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

7,550% more call options, than puts

Call options by funds: $306K | Put options by funds: $4K

11% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 18

1.43% more ownership

Funds ownership: 43.99%45.42% (+1.4%)

0% more funds holding

Funds holding: 6464 (0)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 11

8% less capital invested

Capital invested by funds: $157M → $144M (-$13.1M)

Holders
64
Holders Change
Holders Change %
0%
% of All Funds
0.84%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
11
Increased
20
Reduced
18
Closed
11
Calls
$306K
Puts
$4K
Net Calls
+$302K
Net Calls Change
+$174K
Name Holding Trade Value Shares
Change
Change in
Stake
HKAM
1
Horizon Kinetics Asset Management
New York
$70.9M +$1.53M +58,895 +2%
V
2
ValueWorks
New York
$16.4M -$216K -8,309 -1%
BCM
3
Beddow Capital Management
Wyoming
$8.99M -$727K -27,980 -7%
MRI
4
Mad River Investors
Massachusetts
$7.08M -$27.1K -1,044 -0.4%
ASN
5
Advisory Services Network
Georgia
$5.31M +$3.67M +141,159 +351%
MC
6
Moors & Cabot
Massachusetts
$4.65M -$372K -14,310 -7%
Bank of America
7
Bank of America
North Carolina
$4.26M -$60.8K -2,341 -1%
ECM
8
EagleClaw Capital Management
Massachusetts
$3.97M +$10.4K +400 +0.2%
Morgan Stanley
9
Morgan Stanley
New York
$3.01M +$948K +36,513 +41%
Lido Advisors
10
Lido Advisors
California
$1.91M
Bank of New York Mellon
11
Bank of New York Mellon
New York
$1.85M -$3.92K -151 -0.2%
OSAM
12
O'Shaughnessy Asset Management
Connecticut
$1.12M +$736K +28,324 +154%
JP Morgan Chase
13
JP Morgan Chase
New York
$892K +$4.21K +162 +0.4%
RWA
14
Redhawk Wealth Advisors
Minnesota
$818K +$887K +34,132 New
PC
15
Pecaut & Co
Iowa
$813K +$3.4K +131 +0.4%
NS
16
NBC Securities
Alabama
$813K -$3.12K -120 -0.4%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$721K -$11.2K -430 -1%
UBS Group
18
UBS Group
Switzerland
$714K -$205K -7,905 -21%
Two Sigma Investments
19
Two Sigma Investments
New York
$691K -$202K -7,765 -21%
Two Sigma Advisers
20
Two Sigma Advisers
New York
$645K -$184K -7,100 -21%
HighTower Advisors
21
HighTower Advisors
Illinois
$598K +$13.6K +523 +2%
SPIA
22
Steward Partners Investment Advisory
New York
$581K -$53.4K -2,055 -8%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$576K -$67.8K -2,610 -10%
WP
24
Westmount Partners
California
$500K
LPL Financial
25
LPL Financial
California
$472K +$104K +4,006 +26%

MSB Hedge Fund Activity: Q2 2025 in Review

64 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Mesabi Trust (MSB) for Q2 2025, worth a combined $144M — down 8.4% from $157M a quarter earlier.

Fund positioning in MSB was balanced in Q2 2025: 11 funds opened new positions, 11 closed out, 20 added to existing stakes and 18 trimmed.

The largest buyer was Advisory Services Network, adding an estimated $3.67M. The largest seller was OFI Invest Asset Management, exiting entirely with an estimated $932K sold.

  • 64 institutional investors held Mesabi Trust (MSB) as of Q2 2025, unchanged from Q1 2025.
  • Funds reported $144M of Mesabi Trust stock for Q2 2025, down 8.4% quarter-over-quarter.
  • 11 funds opened new Mesabi Trust positions in Q2 2025 and 11 closed out, a net change of 0 holders.
  • The largest Mesabi Trust buyer in Q2 2025 was Advisory Services Network, an estimated $3.67M added.
  • The largest Mesabi Trust seller in Q2 2025 was OFI Invest Asset Management, an estimated $932K sold.

Based on aggregated 13F filings for Q2 2025.