Manitowoc
MTW
215 hedge funds and large institutions have $490M invested in Manitowoc in 2016 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 13 increasing their positions, 143 reducing their positions, and 36 closing their positions.
64% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 36
11% more funds holding
Funds holding: 194 → 215 (+21)
40% less call options, than puts
Call options by funds: $7.05M | Put options by funds: $11.7M
73% less capital invested
Capital invested by funds: $1.81B → $490M (-$1.32B)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
75.23% less ownership
Funds ownership: 95.91% → 20.68% (-75%)
91% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 143
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FVP
Firefly Value Partners
Newtown,
Pennsylvania
|
+$21.1M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
+$10.9M |
| 3 |
Millennium Management
New York
|
+$8.42M |
| 4 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$6.53M |
| 5 |
CPM
Crescent Park Management
East Palo Alto,
California
|
+$4.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
-$148M |
| 2 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$132M |
| 3 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
-$131M |
| 4 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
-$111M |
| 5 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
-$105M |
MTW Hedge Fund Activity: Q1 2016 in Review
215 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Manitowoc (MTW) for Q1 2016, worth a combined $490M — down 73% from $1.81B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new MTW positions and 36 closed out — a net gain of 23 holders — while 13 added to existing stakes and 143 trimmed.
The largest buyer was Firefly Value Partners, opening a new position worth an estimated $21.1M. The largest seller was Glenview Capital Management, exiting entirely with an estimated $148M sold.
- 215 institutional investors held Manitowoc (MTW) as of Q1 2016, up from 194 in Q4 2015.
- Funds reported $490M of Manitowoc stock for Q1 2016, down 73% quarter-over-quarter.
- 59 funds opened new Manitowoc positions in Q1 2016 and 36 closed out, a net change of +23 holders.
- The largest Manitowoc buyer in Q1 2016 was Firefly Value Partners, an estimated $21.1M added.
- The largest Manitowoc seller in Q1 2016 was Glenview Capital Management, an estimated $148M sold.
Based on aggregated 13F filings for Q1 2016.