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Metallus

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.

New
Increased
Maintained
Reduced
Closed

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: 189170 (-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: 10 (-1)

Holders
170
Holders Change
-19
Holders Change %
-10.05%
% of All Funds
4.75%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
26
Increased
65
Reduced
49
Closed
43
Calls
$864K
Puts
$1.25M
Net Calls
-$387K
Net Calls Change
-$796K
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Shapiro Capital Management
Georgia
$32.7M +$4.42M +244,594 +8%
SAM
2
Southernsun Asset Management
Tennessee
$29.5M +$2.52M +139,446 +5%
Vanguard Group
3
Vanguard Group
Pennsylvania
$25.9M +$2.37M +131,200 +5%
DRZID
4
DePrince Race & Zollo Inc (DRZ)
Florida
$23.4M +$17.2M +951,367 +70%
BFA
5
BlackRock Fund Advisors
California
$23M +$8.54M +472,534 +26%
Bank of New York Mellon
6
Bank of New York Mellon
New York
$14.8M +$2.22M +122,773 +9%
State Street
7
State Street
Massachusetts
$12.7M -$2.75M -152,099 -11%
AIMCA
8
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$11.8M -$538K -29,739 -2%
RFC
9
Russell Frank Company
Washington
$10.5M +$7.38M +408,338 +65%
BIT
10
BlackRock Institutional Trust
California
$9.26M -$2.33M -129,013 -12%
D.E. Shaw & Co
11
D.E. Shaw & Co
New York
$9.15M +$3.79M +209,474 +30%
LM
12
Litespeed Management
New York
$8.72M +$1.49M +82,484 +11%
PIM
13
Perkins Investment Management
Illinois
$8.34M +$7.3M +403,726 +96%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$8.16M +$415K +22,944 +3%
HCM
15
Hodges Capital Management
Texas
$6.94M +$181K +10,010 +1%
Artisan Partners
16
Artisan Partners
Wisconsin
$6.41M +$11.4M +633,199 New
Wells Fargo
17
Wells Fargo
California
$4.58M +$2.51M +138,598 +44%
EARNEST Partners
18
EARNEST Partners
Georgia
$4.54M -$3.19M -176,561 -28%
BCM
19
Beddow Capital Management
Wyoming
$4.53M +$2.83M +156,790 +54%
Northern Trust
20
Northern Trust
Illinois
$4.4M +$753K +41,626 +11%
Norges Bank
21
Norges Bank
Norway
$4.22M -$9.94M -549,860 -57%
JP Morgan Chase
22
JP Morgan Chase
New York
$4.16M -$1.9M -104,865 -20%
RA
23
Royce & Associates
New York
$3.68M +$570K +31,520 +9%
GC
24
Guggenheim Capital
Illinois
$2.72M -$505K -27,920 -9%
SCM
25
Sterling Capital Management
North Carolina
$2.53M +$1.96M +108,398 +77%

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.