Nevsun Resources Ltd.
NSU
NSU was delisted on the 7th of March, 2019.
79 hedge funds and large institutions have $387M invested in Nevsun Resources Ltd. in 2018 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 28 increasing their positions, 25 reducing their positions, and 25 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
12% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 25
12% less funds holding
Funds holding: 90 → 79 (-11)
25% less capital invested
Capital invested by funds: $515M → $387M (-$128M)
44% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 25
53% less call options, than puts
Call options by funds: $60K | Put options by funds: $129K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KLCMU
Kite Lake Capital Management (UK)
London,
United Kingdom
|
+$57M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$24.3M |
| 3 |
Goldman Sachs
New York
|
+$21.3M |
| 4 |
CFIC
City Financial Investment Company
London,
United Kingdom
|
+$11.4M |
| 5 |
Citigroup
New York
|
+$9.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$60.1M |
| 2 |
LP
LMR Partners
London,
United Kingdom
|
-$35.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$31.8M |
| 4 |
BHMP
Bardin Hill Management Partners
New York
|
-$29.2M |
| 5 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
-$25.4M |
NSU Hedge Fund Activity: Q4 2018 in Review
79 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Nevsun Resources Ltd. (NSU) for Q4 2018, worth a combined $387M — down 25% from $515M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of NSU and 14 opened new positions — a net loss of 11 holders — while 25 trimmed existing stakes and 28 added.
The largest buyer was Kite Lake Capital Management (UK), opening a new position worth an estimated $57M. The largest seller was Fidelity International, exiting entirely with an estimated $60.1M sold.
- 79 institutional investors held Nevsun Resources Ltd. (NSU) as of Q4 2018, down from 90 in Q3 2018.
- Funds reported $387M of Nevsun Resources Ltd. stock for Q4 2018, down 25% quarter-over-quarter.
- 14 funds opened new Nevsun Resources Ltd. positions in Q4 2018 and 25 closed out, a net change of -11 holders.
- The largest Nevsun Resources Ltd. buyer in Q4 2018 was Kite Lake Capital Management (UK), an estimated $57M added.
- The largest Nevsun Resources Ltd. seller in Q4 2018 was Fidelity International, an estimated $60.1M sold.
Based on aggregated 13F filings for Q4 2018.