Safe Bulkers
80 hedge funds and large institutions have $185M invested in Safe Bulkers in 2014 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 19 increasing their positions, 23 reducing their positions, and 13 closing their positions.
92% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 13
36% more call options, than puts
Call options by funds: $1.85M | Put options by funds: $1.36M
18% more funds holding
Funds holding: 68 → 80 (+12)
0.42% more ownership
Funds ownership: 23.51% → 23.93% (+0.42%)
8% less capital invested
Capital invested by funds: $202M → $185M (-$17.2M)
17% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 23
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$10.8M |
| 2 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$5.59M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$4.63M |
| 4 |
HC
Hourglass Capital
Houston,
Texas
|
+$3.39M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$2.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OIM
Oceanic Investment Management
Douglas,
Isle Of Man
|
-$20.6M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$9.87M |
| 3 |
SFM
Soros Fund Management
New York
|
-$4.37M |
| 4 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$1.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.61M |
SB Hedge Fund Activity: Q1 2014 in Review
80 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Safe Bulkers (SB) for Q1 2014, worth a combined $185M — down 8.5% from $202M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new SB positions and 13 closed out — a net gain of 12 holders — while 19 added to existing stakes and 23 trimmed.
The largest buyer was Ameriprise, adding an estimated $10.8M. The largest seller was Oceanic Investment Management, exiting entirely with an estimated $20.6M sold.
- 80 institutional investors held Safe Bulkers (SB) as of Q1 2014, up from 68 in Q4 2013.
- Funds reported $185M of Safe Bulkers stock for Q1 2014, down 8.5% quarter-over-quarter.
- 25 funds opened new Safe Bulkers positions in Q1 2014 and 13 closed out, a net change of +12 holders.
- The largest Safe Bulkers buyer in Q1 2014 was Ameriprise, an estimated $10.8M added.
- The largest Safe Bulkers seller in Q1 2014 was Oceanic Investment Management, an estimated $20.6M sold.
Based on aggregated 13F filings for Q1 2014.