Nevsun Resources Ltd.
NSU
NSU was delisted on the 7th of March, 2019.
96 hedge funds and large institutions have $314M invested in Nevsun Resources Ltd. in 2017 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 25 increasing their positions, 41 reducing their positions, and 18 closing their positions.
6% more capital invested
Capital invested by funds: $296M → $314M (+$18.4M)
3% less funds holding
Funds holding: 99 → 96 (-3)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
39% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 41
100% less call options, than puts
Call options by funds: $2K | Put options by funds: $859K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prudential plc
London, England,
United Kingdom
|
+$104M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$11.9M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$8.27M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$7.67M |
| 5 |
Jennison Associates
New York
|
+$5.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$16.1M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$8.78M |
| 3 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$6.13M |
| 4 |
Renaissance Technologies
New York
|
-$5.98M |
| 5 |
JP Morgan Chase
New York
|
-$5.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSAM
101
Moloney Securities Asset Management
Manchester,
Missouri
| – | -$154K | -50,000 | Closed |
|
102
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$144K | -45,932 | Closed |
|
|
RFCA
103
R&F Capital Advisors
New York
| – | -$139K | -45,034 | Closed |
|
|
GC
104
Guggenheim Capital
Chicago,
Illinois
| – | -$93K | -29,976 | Closed |
|
|
SPC
105
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$89K | -28,878 | Closed |
|
106
Axa
Paris,
France
| – | -$52K | -16,900 | Closed |
|
|
SFG
107
SNS Financial Group
Minneapolis,
Minnesota
| – | -$49K | -15,900 | Closed |
|
|
PG
108
PEAK6 Group
Chicago,
Illinois
| – | -$37.5K | -12,955 | Closed |
|
|
SBIA
109
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
| – | -$40K | -12,850 | Closed |
|
|
ECM
110
Elgethun Capital Management
Sioux Falls,
South Dakota
| – | -$12K | -4,000 | Closed |
|
111
Simplex Trading
Chicago,
Illinois
| – | -$6.09K | -2,108 | Closed |
|
|
AG
112
Advisor Group
Phoenix,
Arizona
| – | -$4K | -1,200 | Closed |
|
|
CG
113
Cutler Group
San Francisco,
California
| – | +$280 | +97 | New |
|
NSU Hedge Fund Activity: Q1 2017 in Review
96 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Nevsun Resources Ltd. (NSU) for Q1 2017, worth a combined $314M — up 6.2% from $296M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of NSU and 16 opened new positions — a net loss of 2 holders — while 41 trimmed existing stakes and 25 added.
The largest buyer was Prudential plc, opening a new position worth an estimated $104M. The largest seller was Sprott Inc, cutting an estimated $16.1M.
- 96 institutional investors held Nevsun Resources Ltd. (NSU) as of Q1 2017, down from 99 in Q4 2016.
- Funds reported $314M of Nevsun Resources Ltd. stock for Q1 2017, up 6.2% quarter-over-quarter.
- 16 funds opened new Nevsun Resources Ltd. positions in Q1 2017 and 18 closed out, a net change of -2 holders.
- The largest Nevsun Resources Ltd. buyer in Q1 2017 was Prudential plc, an estimated $104M added.
- The largest Nevsun Resources Ltd. seller in Q1 2017 was Sprott Inc, an estimated $16.1M sold.
Based on aggregated 13F filings for Q1 2017.