SIMS METAL MANAGEMENT LTD ADS (EA REPSTG 1 ORD SHS)
SMS
SMS was delisted on the 10th of October, 2013.
39 hedge funds and large institutions have $70.4M invested in SIMS METAL MANAGEMENT LTD ADS (EA REPSTG 1 ORD SHS) in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 10 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
1.2% less ownership
Funds ownership: 5.13% → 3.92% (-1.2%)
7% less funds holding
Funds holding: 42 → 39 (-3)
11% less capital invested
Capital invested by funds: $79.2M → $70.4M (-$8.74M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
92% less call options, than puts
Call options by funds: $11K | Put options by funds: $135K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.36M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$482K |
| 3 |
Renaissance Technologies
New York
|
+$336K |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$236K |
| 5 |
Barclays
London,
United Kingdom
|
+$236K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$13.6M |
| 2 |
IAMU
Impax Asset Management (UK)
London,
United Kingdom
|
-$7.7M |
| 3 |
TAM
Trillium Asset Management
Boston,
Massachusetts
|
-$936K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$608K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$299K |
SMS Hedge Fund Activity: Q3 2013 in Review
39 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in SIMS METAL MANAGEMENT LTD ADS (EA REPSTG 1 ORD SHS) (SMS) for Q3 2013, worth a combined $70.4M — down 11% from $79.2M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of SMS and 7 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 14 added.
The largest buyer was Jane Street, adding an estimated $2.36M. The largest seller was Royce & Associates, cutting an estimated $13.6M.
- 39 institutional investors held SIMS METAL MANAGEMENT LTD ADS (EA REPSTG 1 ORD SHS) (SMS) as of Q3 2013, down from 42 in Q2 2013.
- Funds reported $70.4M of SIMS METAL MANAGEMENT LTD ADS (EA REPSTG 1 ORD SHS) stock for Q3 2013, down 11% quarter-over-quarter.
- 7 funds opened new SIMS METAL MANAGEMENT LTD ADS (EA REPSTG 1 ORD SHS) positions in Q3 2013 and 10 closed out, a net change of -3 holders.
- The largest SIMS METAL MANAGEMENT LTD ADS (EA REPSTG 1 ORD SHS) buyer in Q3 2013 was Jane Street, an estimated $2.36M added.
- The largest SIMS METAL MANAGEMENT LTD ADS (EA REPSTG 1 ORD SHS) seller in Q3 2013 was Royce & Associates, an estimated $13.6M sold.
Based on aggregated 13F filings for Q3 2013.