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NSU

Nevsun Resources Ltd.
NSU

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 9090 (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: 21 (-1)

Holders
90
Holders Change
Holders Change %
0%
% of All Funds
2.06%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
26
Increased
25
Reduced
29
Closed
24
Calls
$344K
Puts
$61K
Net Calls
+$283K
Net Calls Change
+$373K
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity International
1
Fidelity International
Bermuda
$60.1M -$24M -6,247,283 -32%
MF
2
Magnetar Financial
Illinois
$55.4M +$48M +12,491,400 New
BHMP
3
Bardin Hill Management Partners
New York
$41.3M +$35.8M +9,314,376 New
Man Group
4
Man Group
United Kingdom
$38.2M +$30.8M +8,031,777 +1,374%
LP
5
LMR Partners
United Kingdom
$35.2M +$30.4M +7,929,500 New
Vanguard Group
6
Vanguard Group
Pennsylvania
$32.3M +$1.74M +454,175 +7%
AAM
7
Alpine Associates Management
Florida
$25.4M +$21.9M +5,703,500 New
MP
8
Manikay Partners
New York
$17M +$14.7M +3,835,000 New
Deutsche Bank
9
Deutsche Bank
Germany
$16.3M +$8.24M +2,145,015 +139%
OAC
10
OMERS Administration Corp
Ontario, Canada
$14.1M +$9.2M +2,395,160 +301%
Alyeska Investment Group
11
Alyeska Investment Group
Illinois
$13.3M +$11.5M +3,000,000 New
Franklin Resources
12
Franklin Resources
California
$12.7M -$22.4M -5,827,200 -67%
Public Sector Pension Investment Board (PSP Investments)
13
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$11.3M +$6.87M +1,790,233 +234%
AA
14
AQR Arbitrage
Connecticut
$11.1M +$9.64M +2,511,000 New
Renaissance Technologies
15
Renaissance Technologies
New York
$10.8M +$2.48M +646,600 +36%
WIC
16
Water Island Capital
New York
$9.43M +$8.15M +2,123,500 New
JP Morgan Chase
17
JP Morgan Chase
New York
$7.81M +$4.74M +1,235,084 +234%
CS
18
Credit Suisse
Switzerland
$7.63M +$5.36M +1,394,933 +426%
YCM
19
Yakira Capital Management
Connecticut
$7.54M +$6.53M +1,700,000 New
1832 Asset Management
20
1832 Asset Management
Ontario, Canada
$7.32M +$2.78M +725,000 +78%
Morgan Stanley
21
Morgan Stanley
New York
$7.18M -$30.8K -8,010 -0.5%
Mackenzie Financial
22
Mackenzie Financial
Ontario, Canada
$6.41M -$2.82M -734,203 -34%
WCMNY
23
Westchester Capital Management (New York)
New York
$5.89M +$5.09M +1,326,938 New
TD Asset Management
24
TD Asset Management
Ontario, Canada
$4.5M +$19.2K +5,000 +0.5%
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$3.98M -$1.05M -273,238 -23%

NSU Hedge Fund Activity: Q3 2018 in Review

90 of the 4,374 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.