Nevsun Resources Ltd.
NSU
NSU was delisted on the 7th of March, 2019.
90 hedge funds and large institutions have $515M invested in Nevsun Resources Ltd. in 2018 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 25 increasing their positions, 29 reducing their positions, and 24 closing their positions.
464% more call options, than puts
Call options by funds: $344K | Put options by funds: $61K
58% more capital invested
Capital invested by funds: $325M → $515M (+$190M)
8% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 24
0% more funds holding
Funds holding: 90 → 90 (0)
14% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 29
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$48M |
| 2 |
BHMP
Bardin Hill Management Partners
New York
|
+$35.8M |
| 3 |
Man Group
London,
United Kingdom
|
+$30.8M |
| 4 |
LP
LMR Partners
London,
United Kingdom
|
+$30.4M |
| 5 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$21.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prudential plc
London, England,
United Kingdom
|
-$67.5M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$24M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$22.4M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$11.8M |
| 5 |
PC
Passport Capital
San Francisco,
California
|
-$11.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAMP
101
Polar Asset Management Partners
Toronto,
Ontario, Canada
| – | -$521K | -150,000 | Closed |
|
|
CC
102
Cambrian Capital
San Francisco,
California
| – | -$479K | -138,000 | Closed |
|
|
ECM
103
Element Capital Management
New York
| – | -$210K | -60,602 | Closed |
|
104
BlackRock
New York
| – | -$142K | -40,858 | Closed |
|
|
FIM
105
Fernwood Investment Management
Quincy,
Massachusetts
| – | -$115K | -33,000 | Closed |
|
106
Wolverine Trading
Chicago,
Illinois
| – | -$45K | -19,096 | Closed |
|
107
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$61K | -17,655 | Closed |
|
|
JFA
108
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$10K | -3,000 | Closed |
|
109
Simplex Trading
Chicago,
Illinois
| – | -$9.58K | -2,495 | Closed |
|
110
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$7K | -2,005 | Closed |
|
111
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$7K | -2,000 | Closed |
|
|
LF
112
Lee Financial
Dallas,
Texas
| – | -$4K | -1,100 | Closed |
|
|
KCPG
113
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$1K | -347 | Closed |
|
NSU Hedge Fund Activity: Q3 2018 in Review
90 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Nevsun Resources Ltd. (NSU) for Q3 2018, worth a combined $515M — up 58% from $325M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new NSU positions and 24 closed out — a net gain of 2 holders — while 25 added to existing stakes and 29 trimmed.
The largest buyer was Magnetar Financial, opening a new position worth an estimated $48M. The largest seller was Prudential plc, exiting entirely with an estimated $67.5M sold.
- 90 institutional investors held Nevsun Resources Ltd. (NSU) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $515M of Nevsun Resources Ltd. stock for Q3 2018, up 58% quarter-over-quarter.
- 26 funds opened new Nevsun Resources Ltd. positions in Q3 2018 and 24 closed out, a net change of +2 holders.
- The largest Nevsun Resources Ltd. buyer in Q3 2018 was Magnetar Financial, an estimated $48M added.
- The largest Nevsun Resources Ltd. seller in Q3 2018 was Prudential plc, an estimated $67.5M sold.
Based on aggregated 13F filings for Q3 2018.