Metallus
MTUS
146 hedge funds and large institutions have $482M invested in Metallus in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 57 increasing their positions, 41 reducing their positions, and 24 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 41
2.14% more ownership
Funds ownership: 75.49% → 77.62% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less call options, than puts
Call options by funds: $607K | Put options by funds: $623K
11% less funds holding
Funds holding: 164 → 146 (-18)
12% less capital invested
Capital invested by funds: $550M → $482M (-$67.3M)
67% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
+$17.7M |
| 2 |
Bank of New York Mellon
New York
|
+$10.1M |
| 3 |
Millennium Management
New York
|
+$6.04M |
| 4 |
BlackRock
New York
|
+$2.78M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
+$2.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$12.1M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$6.23M |
| 3 |
RA
Royce & Associates
New York
|
-$2.57M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
-$2.25M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.72M |
MTUS Hedge Fund Activity: Q3 2018 in Review
146 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Metallus (MTUS) for Q3 2018, worth a combined $482M — down 12% from $550M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of MTUS and 8 opened new positions — a net loss of 16 holders — while 41 trimmed existing stakes and 57 added.
The largest buyer was Luminus Management, adding an estimated $17.7M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $12.1M sold.
- 146 institutional investors held Metallus (MTUS) as of Q3 2018, down from 164 in Q2 2018.
- Funds reported $482M of Metallus stock for Q3 2018, down 12% quarter-over-quarter.
- 8 funds opened new Metallus positions in Q3 2018 and 24 closed out, a net change of -16 holders.
- The largest Metallus buyer in Q3 2018 was Luminus Management, an estimated $17.7M added.
- The largest Metallus seller in Q3 2018 was Lord, Abbett & Co, an estimated $12.1M sold.
Based on aggregated 13F filings for Q3 2018.