Nevsun Resources Ltd.
NSU
NSU was delisted on the 7th of March, 2019.
90 hedge funds and large institutions have $325M invested in Nevsun Resources Ltd. in 2018 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 27 increasing their positions, 25 reducing their positions, and 13 closing their positions.
62% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 13
44% more capital invested
Capital invested by funds: $225M → $325M (+$99.5M)
7% more funds holding
Funds holding: 84 → 90 (+6)
8% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 25
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
30% less call options, than puts
Call options by funds: $206K | Put options by funds: $296K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$29.8M |
| 2 |
PC
Passport Capital
San Francisco,
California
|
+$4.18M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$2.84M |
| 4 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$2.44M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prudential plc
London, England,
United Kingdom
|
-$28.5M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$9.16M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$3.7M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$3.55M |
| 5 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$2.11M |
NSU Hedge Fund Activity: Q2 2018 in Review
90 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Nevsun Resources Ltd. (NSU) for Q2 2018, worth a combined $325M — up 44% from $225M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new NSU positions and 13 closed out — a net gain of 8 holders — while 27 added to existing stakes and 25 trimmed.
The largest buyer was Fidelity International, adding an estimated $29.8M. The largest seller was Prudential plc, cutting an estimated $28.5M.
- 90 institutional investors held Nevsun Resources Ltd. (NSU) as of Q2 2018, up from 84 in Q1 2018.
- Funds reported $325M of Nevsun Resources Ltd. stock for Q2 2018, up 44% quarter-over-quarter.
- 21 funds opened new Nevsun Resources Ltd. positions in Q2 2018 and 13 closed out, a net change of +8 holders.
- The largest Nevsun Resources Ltd. buyer in Q2 2018 was Fidelity International, an estimated $29.8M added.
- The largest Nevsun Resources Ltd. seller in Q2 2018 was Prudential plc, an estimated $28.5M sold.
Based on aggregated 13F filings for Q2 2018.