Mechel PAO American Depository Shares, each representing two ordinary shares (ADSs)

MTL

Market cap $611M

MTL Hedge Fund Activity: Q1 2015 in Review

49 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Mechel PAO American Depository Shares, each representing two ordinary shares (ADSs) (MTL) for Q1 2015, worth a combined $42.4M — up 69% from $25.1M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of MTL and 6 opened new positions — a net loss of 6 holders — while 19 trimmed existing stakes and 12 added.

The largest buyer was Bank of America, adding an estimated $665K. The largest seller was D.E. Shaw & Co, cutting an estimated $780K.

• 49 institutional investors held Mechel PAO American Depository Shares, each representing two ordinary shares (ADSs) (MTL) as of Q1 2015, down from 55 in Q4 2014.
• Funds reported $42.4M of Mechel PAO American Depository Shares, each representing two ordinary shares (ADSs) stock for Q1 2015, up 69% quarter-over-quarter.
• 6 funds opened new Mechel PAO American Depository Shares, each representing two ordinary shares (ADSs) positions in Q1 2015 and 12 closed out, a net change of -6 holders.
• The largest Mechel PAO American Depository Shares, each representing two ordinary shares (ADSs) buyer in Q1 2015 was Bank of America, an estimated $665K added.
• The largest Mechel PAO American Depository Shares, each representing two ordinary shares (ADSs) seller in Q1 2015 was D.E. Shaw & Co, an estimated $780K sold.

Based on aggregated 13F filings for Q1 2015.