Nevsun Resources Ltd.
NSU
NSU was delisted on the 7th of March, 2019.
90 hedge funds and large institutions have $559M invested in Nevsun Resources Ltd. in 2018 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 25 increasing their positions, 28 reducing their positions, and 24 closing their positions.
464% more call options, than puts
Call options by funds: $344K | Put options by funds: $61K
72% more capital invested
Capital invested by funds: $325M → $559M (+$234M)
13% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 24
1% more funds holding
Funds holding: 89 → 90 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
11% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$48M |
| 2 |
KLCMU
Kite Lake Capital Management (UK)
London,
United Kingdom
|
+$38.3M |
| 3 |
BHMP
Bardin Hill Management Partners
New York
|
+$35.8M |
| 4 |
Man Group
London,
United Kingdom
|
+$30.8M |
| 5 |
LP
LMR Partners
London,
United Kingdom
|
+$30.4M |
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 |
NSU Hedge Fund Activity: Q3 2018 in Review
90 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Nevsun Resources Ltd. (NSU) for Q3 2018, worth a combined $559M — up 72% from $325M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new NSU positions and 24 closed out — a net gain of 3 holders — while 25 added to existing stakes and 28 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, up from 89 in Q2 2018.
- Funds reported $559M of Nevsun Resources Ltd. stock for Q3 2018, up 72% quarter-over-quarter.
- 27 funds opened new Nevsun Resources Ltd. positions in Q3 2018 and 24 closed out, a net change of +3 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.