Companhia Siderúrgica Nacional
120 hedge funds and large institutions have $292M invested in Companhia Siderúrgica Nacional in 2014 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 36 increasing their positions, 33 reducing their positions, and 18 closing their positions.
39% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 18
4% more funds holding
Funds holding: 115 → 120 (+5)
9% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 33
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.72% less ownership
Funds ownership: 5.33% → 4.61% (-0.72%)
39% less capital invested
Capital invested by funds: $482M → $292M (-$190M)
43% less call options, than puts
Call options by funds: $2.55M | Put options by funds: $4.46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$12.3M |
| 2 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$5.69M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$5.41M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$4.56M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$2.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$39.9M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$12.4M |
| 3 |
Goldman Sachs
New York
|
-$8.85M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.72M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$8.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QT
126
Quantbot Technologies
New York
| – | -$214K | -34,600 | Closed |
|
127
Verition Fund Management
Greenwich,
Connecticut
| – | -$153K | -24,727 | Closed |
|
|
LWM
128
LBA Wealth Management
Jacksonville,
Florida
| – | -$127K | -20,435 | Closed |
|
129
Two Sigma Advisers
New York
| – | -$114K | -18,300 | Closed |
|
|
PAM
130
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$101K | -16,242 | Closed |
|
131
Neuberger Berman Group
New York
| – | -$99K | -15,906 | Closed |
|
132
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$98.1K | -15,825 | Closed |
|
|
CLOS
133
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$19K | -3,000 | Closed |
|
|
CGT
134
Capital Guardian Trust
Los Angeles,
California
| – | -$15K | -2,428 | Closed |
|
|
EWM
135
Elite Wealth Management
Kirkland,
Washington
| – | -$1K | -202 | Closed |
|
136
Walleye Trading
New York
| – | -$301 | -63 | -45% |
|
|
FHA
137
First Horizon Advisors
Memphis,
Tennessee
| – | +$5 | +1 | +2% |
|
SID Hedge Fund Activity: Q1 2014 in Review
120 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Companhia Siderúrgica Nacional (SID) for Q1 2014, worth a combined $292M — down 39% from $482M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new SID positions and 18 closed out — a net gain of 7 holders — while 36 added to existing stakes and 33 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $12.3M. The largest seller was Principal Financial Group, exiting entirely with an estimated $39.9M sold.
- 120 institutional investors held Companhia Siderúrgica Nacional (SID) as of Q1 2014, up from 115 in Q4 2013.
- Funds reported $292M of Companhia Siderúrgica Nacional stock for Q1 2014, down 39% quarter-over-quarter.
- 25 funds opened new Companhia Siderúrgica Nacional positions in Q1 2014 and 18 closed out, a net change of +7 holders.
- The largest Companhia Siderúrgica Nacional buyer in Q1 2014 was Guggenheim Capital, an estimated $12.3M added.
- The largest Companhia Siderúrgica Nacional seller in Q1 2014 was Principal Financial Group, an estimated $39.9M sold.
Based on aggregated 13F filings for Q1 2014.