NORANDA ALUM HLDG CORP COM NEW
NOR
NOR was delisted on the 25th of November, 2015.
97 hedge funds and large institutions have $217M invested in NORANDA ALUM HLDG CORP COM NEW in 2014 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 39 increasing their positions, 30 reducing their positions, and 23 closing their positions.
183% more call options, than puts
Call options by funds: $649K | Put options by funds: $229K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
30% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 30
9% less funds holding
Funds holding: 107 → 97 (-10)
13% less capital invested
Capital invested by funds: $250M → $217M (-$33.6M)
30% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$6.85M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$4.82M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.62M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.61M |
| 5 |
MCM
Masters Capital Management
Atlanta,
Georgia
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Third Avenue Management
New York
|
-$6.78M |
| 2 |
FRM
Fore Research & Management
New York
|
-$4.63M |
| 3 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$2.45M |
| 4 |
SCM
Saba Capital Management
New York
|
-$1.29M |
| 5 |
Renaissance Technologies
New York
|
-$979K |
NOR Hedge Fund Activity: Q4 2014 in Review
97 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in NORANDA ALUM HLDG CORP COM NEW (NOR) for Q4 2014, worth a combined $217M — down 13% from $250M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of NOR and 16 opened new positions — a net loss of 7 holders — while 30 trimmed existing stakes and 39 added.
The largest buyer was Penn Capital Management, opening a new position worth an estimated $6.85M. The largest seller was Third Avenue Management, exiting entirely with an estimated $6.78M sold.
- 97 institutional investors held NORANDA ALUM HLDG CORP COM NEW (NOR) as of Q4 2014, down from 107 in Q3 2014.
- Funds reported $217M of NORANDA ALUM HLDG CORP COM NEW stock for Q4 2014, down 13% quarter-over-quarter.
- 16 funds opened new NORANDA ALUM HLDG CORP COM NEW positions in Q4 2014 and 23 closed out, a net change of -7 holders.
- The largest NORANDA ALUM HLDG CORP COM NEW buyer in Q4 2014 was Penn Capital Management, an estimated $6.85M added.
- The largest NORANDA ALUM HLDG CORP COM NEW seller in Q4 2014 was Third Avenue Management, an estimated $6.78M sold.
Based on aggregated 13F filings for Q4 2014.