Sigma Lithium
SGML
99 hedge funds and large institutions have $343M invested in Sigma Lithium in 2024 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 33 increasing their positions, 36 reducing their positions, and 30 closing their positions.
139% more call options, than puts
Call options by funds: $61.6M | Put options by funds: $25.8M
0.87% more ownership
Funds ownership: 22.2% → 23.06% (+0.87%)
8% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 36
12% less funds holding
Funds holding: 112 → 99 (-13)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
43% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 30
55% less capital invested
Capital invested by funds: $767M → $343M (-$424M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$18.8M |
| 2 |
NC
Nucleo Capital
Sao Paulo, Sp,
Brazil
|
+$15M |
| 3 |
AWAM
Appian Way Asset Management
New York
|
+$15M |
| 4 |
SCM
SIR Capital Management
New York
|
+$11.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$18.6M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$16.8M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$9.57M |
| 4 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
-$9.46M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$8.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
126
Shay Capital
New York
| – | -$15.8K | -500 | Closed |
|
|
HT
127
Headlands Technologies
Chicago,
Illinois
| – | -$8.48K | -269 | Closed |
|
128
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$4.1K | -130 | Closed |
|
|
QCG
129
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$1.64K | -52 | Closed |
|
SGML Hedge Fund Activity: Q1 2024 in Review
99 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Sigma Lithium (SGML) for Q1 2024, worth a combined $343M — down 55% from $767M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of SGML and 17 opened new positions — a net loss of 13 holders — while 36 trimmed existing stakes and 33 added.
The largest buyer was Millennium Management, adding an estimated $18.8M. The largest seller was Frontier Capital Management, cutting an estimated $18.6M.
- 99 institutional investors held Sigma Lithium (SGML) as of Q1 2024, down from 112 in Q4 2023.
- Funds reported $343M of Sigma Lithium stock for Q1 2024, down 55% quarter-over-quarter.
- 17 funds opened new Sigma Lithium positions in Q1 2024 and 30 closed out, a net change of -13 holders.
- The largest Sigma Lithium buyer in Q1 2024 was Millennium Management, an estimated $18.8M added.
- The largest Sigma Lithium seller in Q1 2024 was Frontier Capital Management, an estimated $18.6M sold.
Based on aggregated 13F filings for Q1 2024.