Sibanye-Stillwater
SBSW
99 hedge funds and large institutions have $224M invested in Sibanye-Stillwater in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 39 reducing their positions, and 17 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
19% more call options, than puts
Call options by funds: $145K | Put options by funds: $122K
0.12% more ownership
Funds ownership: 6.49% → 6.61% (+0.12%)
5% less capital invested
Capital invested by funds: $234M → $224M (-$10.7M)
7% less funds holding
Funds holding: 106 → 99 (-7)
41% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 39
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Lonestar Capital Management
San Francisco,
California
|
+$14.6M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$11.8M |
| 3 |
BC
Bocage Capital
San Francisco,
California
|
+$10.1M |
| 4 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$9.92M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$4.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$21.8M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$5.14M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$4.87M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$3.02M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
CIBC World Market
Toronto,
Ontario, Canada
| – | -$141K | -28,729 | Closed |
|
102
Group One Trading
Chicago,
Illinois
| – | -$95.4K | -19,528 | Closed |
|
|
B
103
Barings
Charlotte,
North Carolina
| – | -$85K | -17,291 | Closed |
|
104
Bank of New York Mellon
New York
| – | -$58K | -11,728 | Closed |
|
|
ECM
105
ETrade Capital Management
Arlington,
Virginia
| – | -$23K | -4,777 | Closed |
|
|
NC
106
NewSquare Capital
Newtown Square,
Pennsylvania
| – | -$2K | -346 | Closed |
|
107
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -106 | Closed |
|
SBSW Hedge Fund Activity: Q4 2013 in Review
99 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Sibanye-Stillwater (SBSW) for Q4 2013, worth a combined $224M — down 4.6% from $234M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of SBSW and 10 opened new positions — a net loss of 7 holders — while 39 trimmed existing stakes and 23 added.
The largest buyer was Lonestar Capital Management, adding an estimated $14.6M. The largest seller was First Eagle Investment Management, cutting an estimated $21.8M.
- 99 institutional investors held Sibanye-Stillwater (SBSW) as of Q4 2013, down from 106 in Q3 2013.
- Funds reported $224M of Sibanye-Stillwater stock for Q4 2013, down 4.6% quarter-over-quarter.
- 10 funds opened new Sibanye-Stillwater positions in Q4 2013 and 17 closed out, a net change of -7 holders.
- The largest Sibanye-Stillwater buyer in Q4 2013 was Lonestar Capital Management, an estimated $14.6M added.
- The largest Sibanye-Stillwater seller in Q4 2013 was First Eagle Investment Management, an estimated $21.8M sold.
Based on aggregated 13F filings for Q4 2013.