Metallus
MTUS
170 hedge funds and large institutions have $338M invested in Metallus in 2015 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 65 increasing their positions, 49 reducing their positions, and 43 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 49
0.92% more ownership
Funds ownership: 74.04% → 74.96% (+0.92%)
10% less funds holding
Funds holding: 189 → 170 (-19)
31% less call options, than puts
Call options by funds: $864K | Put options by funds: $1.25M
40% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 43
62% less capital invested
Capital invested by funds: $892M → $338M (-$554M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$17.2M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$11.4M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$8.54M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$7.38M |
| 5 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$7.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
-$23.4M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$9.94M |
| 3 |
SAM
Sandell Asset Management
New York
|
-$9.19M |
| 4 |
FCM
Force Capital Management
New York
|
-$6.75M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$5.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JG
201
Jefferies Group
New York
| – | -$2K | -65 | Closed |
|
|
CFA
202
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$2K | -61 | Closed |
|
|
FAM
203
Formidable Asset Management
Cincinnati,
Ohio
| – | -$1K | -54 | Closed |
|
|
CCMW
204
Cypress Capital Management (Wyoming)
Sheridan,
Wyoming
| – | -$1.35K | -50 | Closed |
|
205
AssetMark Inc
Concord,
California
| – | +$54 | +3 | New |
|
MTUS Hedge Fund Activity: Q3 2015 in Review
170 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Metallus (MTUS) for Q3 2015, worth a combined $338M — down 62% from $892M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of MTUS and 26 opened new positions — a net loss of 17 holders — while 49 trimmed existing stakes and 65 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $17.2M. The largest seller was Westfield Capital Management, exiting entirely with an estimated $23.4M sold.
- 170 institutional investors held Metallus (MTUS) as of Q3 2015, down from 189 in Q2 2015.
- Funds reported $338M of Metallus stock for Q3 2015, down 62% quarter-over-quarter.
- 26 funds opened new Metallus positions in Q3 2015 and 43 closed out, a net change of -17 holders.
- The largest Metallus buyer in Q3 2015 was DePrince Race & Zollo Inc (DRZ), an estimated $17.2M added.
- The largest Metallus seller in Q3 2015 was Westfield Capital Management, an estimated $23.4M sold.
Based on aggregated 13F filings for Q3 2015.