Nevsun Resources Ltd.
NSU
NSU was delisted on the 7th of March, 2019.
87 hedge funds and large institutions have $280M invested in Nevsun Resources Ltd. in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 39 reducing their positions, and 18 closing their positions.
9% less funds holding
Funds holding: 96 → 87 (-9)
11% less capital invested
Capital invested by funds: $314M → $280M (-$34.2M)
50% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 18
51% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 39
91% less call options, than puts
Call options by funds: $62K | Put options by funds: $696K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$3.32M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$2.27M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.96M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.5M |
| 5 |
TAM
Tocqueville Asset Management
New York
|
+$805K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$5.06M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$4.03M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$3.9M |
| 4 |
Renaissance Technologies
New York
|
-$2.34M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
DZ Bank
Frankfurt Am Main,
Germany
| – | -$31K | -12,382 | Closed |
|
|
NG
102
NatWest Group
Edinburgh, Scotland,
United Kingdom
| – | -$31K | -12,198 | Closed |
|
|
BCM
103
BTR Capital Management
Oakland,
California
| – | -$26K | -10,000 | Closed |
|
NSU Hedge Fund Activity: Q2 2017 in Review
87 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Nevsun Resources Ltd. (NSU) for Q2 2017, worth a combined $280M — down 11% from $314M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of NSU and 9 opened new positions — a net loss of 9 holders — while 39 trimmed existing stakes and 19 added.
The largest buyer was Franklin Resources, adding an estimated $3.32M. The largest seller was Bank of Montreal, cutting an estimated $5.06M.
- 87 institutional investors held Nevsun Resources Ltd. (NSU) as of Q2 2017, down from 96 in Q1 2017.
- Funds reported $280M of Nevsun Resources Ltd. stock for Q2 2017, down 11% quarter-over-quarter.
- 9 funds opened new Nevsun Resources Ltd. positions in Q2 2017 and 18 closed out, a net change of -9 holders.
- The largest Nevsun Resources Ltd. buyer in Q2 2017 was Franklin Resources, an estimated $3.32M added.
- The largest Nevsun Resources Ltd. seller in Q2 2017 was Bank of Montreal, an estimated $5.06M sold.
Based on aggregated 13F filings for Q2 2017.