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Metallus

165 hedge funds and large institutions have $298M invested in Metallus in 2016 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 63 increasing their positions, 48 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

628% more call options, than puts

Call options by funds: $1.61M | Put options by funds: $221K

31% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 48

11% more capital invested

Capital invested by funds: $268M → $298M (+$30M)

2.26% more ownership

Funds ownership: 62.9%65.15% (+2.3%)

10% less funds holding

Funds holding: 184165 (-19)

59% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 29

Holders
165
Holders Change
-19
Holders Change %
-10.33%
% of All Funds
4.4%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
63
Reduced
48
Closed
29
Calls
$1.61M
Puts
$221K
Net Calls
+$1.39M
Net Calls Change
+$769K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$31.5M +$1.16M +116,925 +4%
BFA
2
BlackRock Fund Advisors
California
$29.7M +$2.35M +236,493 +9%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$19M +$4.25M +427,425 +31%
AIMCA
4
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$18.5M +$900K +90,646 +5%
SFM
5
Systematic Financial Management
New Jersey
$10.9M +$10.4M +1,045,151 New
Norges Bank
6
Norges Bank
Norway
$10.2M -$338K -34,000 -3%
BIT
7
BlackRock Institutional Trust
California
$9.89M +$159K +15,990 +2%
D.E. Shaw & Co
8
D.E. Shaw & Co
New York
$9.79M +$191K +19,233 +2%
Northern Trust
9
Northern Trust
Illinois
$9.18M +$1.06M +106,713 +14%
HCM
10
Hodges Capital Management
Texas
$8.25M +$2.78M +279,900 +55%
State Street
11
State Street
Massachusetts
$8.16M +$173K +17,439 +2%
BCM
12
Beddow Capital Management
Wyoming
$7.82M +$195K +19,664 +3%
Ameriprise
13
Ameriprise
Minnesota
$7.78M +$644K +64,830 +10%
RA
14
Royce & Associates
New York
$6.71M +$2.3M +231,100 +56%
GCM
15
Gruss Capital Management
New York
$6.28M +$5.97M +601,000 New
Bank of New York Mellon
16
Bank of New York Mellon
New York
$4.64M +$47.4K +4,770 +1%
TAM
17
THB Asset Management
Connecticut
$4.57M +$61.2K +6,160 +1%
Connor, Clark & Lunn Investment Management (CC&L)
18
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$3.73M +$825K +83,029 +30%
CCMH
19
Cornerstone Capital Management Holdings
New York
$3.58M +$1.92M +193,300 +130%
Deutsche Bank
20
Deutsche Bank
Germany
$3.45M +$294K +29,584 +10%
Renaissance Technologies
21
Renaissance Technologies
New York
$3.12M -$952K -95,800 -24%
GF
22
Gabelli Funds
New York
$3.07M +$1.32M +133,000 +83%
New York State Common Retirement Fund
23
New York State Common Retirement Fund
New York
$3.06M +$2.53M +254,365 +669%
Brown Advisory
24
Brown Advisory
Maryland
$3.01M
Principal Financial Group
25
Principal Financial Group
Iowa
$2.94M +$138K +13,929 +5%

MTUS Hedge Fund Activity: Q3 2016 in Review

165 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Metallus (MTUS) for Q3 2016, worth a combined $298M — up 11% from $268M a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of MTUS and 12 opened new positions — a net loss of 17 holders — while 48 trimmed existing stakes and 63 added.

The largest buyer was Systematic Financial Management, opening a new position worth an estimated $10.4M. The largest seller was Spark Investment Management, exiting entirely with an estimated $3.36M sold.

  • 165 institutional investors held Metallus (MTUS) as of Q3 2016, down from 184 in Q2 2016.
  • Funds reported $298M of Metallus stock for Q3 2016, up 11% quarter-over-quarter.
  • 12 funds opened new Metallus positions in Q3 2016 and 29 closed out, a net change of -17 holders.
  • The largest Metallus buyer in Q3 2016 was Systematic Financial Management, an estimated $10.4M added.
  • The largest Metallus seller in Q3 2016 was Spark Investment Management, an estimated $3.36M sold.

Based on aggregated 13F filings for Q3 2016.