Nevsun Resources Ltd.
NSU
NSU was delisted on the 7th of March, 2019.
84 hedge funds and large institutions have $225M invested in Nevsun Resources Ltd. in 2018 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 20 increasing their positions, 35 reducing their positions, and 12 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
5% more call options, than puts
Call options by funds: $338K | Put options by funds: $321K
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
1% less funds holding
Funds holding: 85 → 84 (-1)
14% less capital invested
Capital invested by funds: $263M → $225M (-$38M)
43% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Passport Capital
San Francisco,
California
|
+$4.32M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$2.87M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$2.37M |
| 4 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$1.66M |
| 5 |
Millennium Management
New York
|
+$869K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prudential plc
London, England,
United Kingdom
|
-$16.7M |
| 2 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$9.45M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.7M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$2.61M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$2.57M |
NSU Hedge Fund Activity: Q1 2018 in Review
84 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Nevsun Resources Ltd. (NSU) for Q1 2018, worth a combined $225M — down 14% from $263M a quarter earlier.
Fund positioning in NSU was balanced in Q1 2018: 12 funds opened new positions, 12 closed out, 20 added to existing stakes and 35 trimmed.
The largest buyer was Passport Capital, opening a new position worth an estimated $4.32M. The largest seller was Prudential plc, cutting an estimated $16.7M.
- 84 institutional investors held Nevsun Resources Ltd. (NSU) as of Q1 2018, down from 85 in Q4 2017.
- Funds reported $225M of Nevsun Resources Ltd. stock for Q1 2018, down 14% quarter-over-quarter.
- 12 funds opened new Nevsun Resources Ltd. positions in Q1 2018 and 12 closed out, a net change of 0 holders.
- The largest Nevsun Resources Ltd. buyer in Q1 2018 was Passport Capital, an estimated $4.32M added.
- The largest Nevsun Resources Ltd. seller in Q1 2018 was Prudential plc, an estimated $16.7M sold.
Based on aggregated 13F filings for Q1 2018.