ARCELORMITTAL 6% MANDATORILTY CONV SUB NT DUE 2016 (LUX)
MTCN
MTCN was delisted on the 8th of January, 2016.
48 hedge funds and large institutions have $1.14B invested in ARCELORMITTAL 6% MANDATORILTY CONV SUB NT DUE 2016 (LUX) in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 9 closing their positions.
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
0% more funds holding
Funds holding: 48 → 48 (0)
5% less capital invested
Capital invested by funds: $1.2B → $1.14B (-$56.6M)
20% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 15
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| 1 |
CAM
Camden Asset Management
Los Angeles,
California
|
+$68.1M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$55.1M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$21.9M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$19.9M |
| 5 |
Aviva
London,
United Kingdom
|
+$8.83M |
Top Sellers
MTCN Hedge Fund Activity: Q3 2014 in Review
48 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in ARCELORMITTAL 6% MANDATORILTY CONV SUB NT DUE 2016 (LUX) (MTCN) for Q3 2014, worth a combined $1.14B — down 4.7% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MTCN positions and 9 closed out — a net gain of 1 holder — while 12 added to existing stakes and 15 trimmed.
The largest buyer was Camden Asset Management, adding an estimated $68.1M. The largest seller was Davidson Kempner Capital Management, exiting entirely with an estimated $64.8M sold.
- 48 institutional investors held ARCELORMITTAL 6% MANDATORILTY CONV SUB NT DUE 2016 (LUX) (MTCN) as of Q3 2014, unchanged from Q2 2014.
- Funds reported $1.14B of ARCELORMITTAL 6% MANDATORILTY CONV SUB NT DUE 2016 (LUX) stock for Q3 2014, down 4.7% quarter-over-quarter.
- 10 funds opened new ARCELORMITTAL 6% MANDATORILTY CONV SUB NT DUE 2016 (LUX) positions in Q3 2014 and 9 closed out, a net change of +1 holder.
- The largest ARCELORMITTAL 6% MANDATORILTY CONV SUB NT DUE 2016 (LUX) buyer in Q3 2014 was Camden Asset Management, an estimated $68.1M added.
- The largest ARCELORMITTAL 6% MANDATORILTY CONV SUB NT DUE 2016 (LUX) seller in Q3 2014 was Davidson Kempner Capital Management, an estimated $64.8M sold.
Based on aggregated 13F filings for Q3 2014.