Sibanye-Stillwater
SBSW
121 hedge funds and large institutions have $460M invested in Sibanye-Stillwater in 2020 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 38 increasing their positions, 37 reducing their positions, and 29 closing their positions.
3% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 29
3% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 37
1.23% less ownership
Funds ownership: 4.82% → 3.59% (-1.2%)
2% less funds holding
Funds holding: 123 → 121 (-2)
28% less call options, than puts
Call options by funds: $3.7M | Put options by funds: $5.16M
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
65% less capital invested
Capital invested by funds: $1.3B → $460M (-$838M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
+$25.7M |
| 2 |
Renaissance Technologies
New York
|
+$14.4M |
| 3 |
Man Group
London,
United Kingdom
|
+$11.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$8.32M |
| 5 |
BlackRock
New York
|
+$5.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIM
Lingotto Investment Management
London,
United Kingdom
|
-$134M |
| 2 |
Morgan Stanley
New York
|
-$55.3M |
| 3 |
SPC
Slate Path Capital
New York
|
-$39.1M |
| 4 |
VanEck Associates
New York
|
-$25M |
| 5 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
-$24.1M |
SBSW Hedge Fund Activity: Q1 2020 in Review
121 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Sibanye-Stillwater (SBSW) for Q1 2020, worth a combined $460M — down 65% from $1.3B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new SBSW positions and 29 closed out — a net gain of 1 holder — while 38 added to existing stakes and 37 trimmed.
The largest buyer was Encompass Capital Advisors, opening a new position worth an estimated $25.7M. The largest seller was Lingotto Investment Management, cutting an estimated $134M.
- 121 institutional investors held Sibanye-Stillwater (SBSW) as of Q1 2020, down from 123 in Q4 2019.
- Funds reported $460M of Sibanye-Stillwater stock for Q1 2020, down 65% quarter-over-quarter.
- 30 funds opened new Sibanye-Stillwater positions in Q1 2020 and 29 closed out, a net change of +1 holder.
- The largest Sibanye-Stillwater buyer in Q1 2020 was Encompass Capital Advisors, an estimated $25.7M added.
- The largest Sibanye-Stillwater seller in Q1 2020 was Lingotto Investment Management, an estimated $134M sold.
Based on aggregated 13F filings for Q1 2020.