SIMS METAL MANAGEMENT LTD ADS (EA REPSTG 1 ORD SHS)
SMS
SMS was delisted on the 10th of October, 2013.
7 hedge funds and large institutions have $6.88M invested in SIMS METAL MANAGEMENT LTD ADS (EA REPSTG 1 ORD SHS) in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 3 closing their positions.
22% less funds holding
Funds holding: 9 → 7 (-2)
36% less capital invested
Capital invested by funds: $10.8M → $6.88M (-$3.9M)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Aperio Group
Sausalito,
California
|
+$1.79M |
| 2 |
CIM
Calvert Investment Management
Bethesda,
Maryland
|
+$111K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.28K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$3.04M |
| 2 |
BCAM
Boston Common Asset Management
Boston,
Massachusetts
|
-$276K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$79.8K |
| 4 |
Comerica Bank
Dallas,
Texas
|
-$36.4K |
| 5 |
WAM
World Asset Management
Detroit,
Michigan
|
-$25K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCAM
1
Boston Common Asset Management
Boston,
Massachusetts
| $4.25M | -$276K | -30,330 | -6% |
|
|
AG
2
Aperio Group
Sausalito,
California
| $1.79M | +$1.79M | +196,438 | New |
|
|
CIM
3
Calvert Investment Management
Bethesda,
Maryland
| $457K | +$111K | +12,142 | +32% |
|
|
PPA
4
Parametric Portfolio Associates
Seattle,
Washington
| $141K | -$79.8K | -8,840 | -36% |
|
|
5
Comerica Bank
Dallas,
Texas
| $109K | -$36.4K | -3,998 | -25% |
|
|
WAM
6
World Asset Management
Detroit,
Michigan
| $105K | -$25K | -2,742 | -19% |
|
|
7
Ameriprise
Minneapolis,
Minnesota
| $22K | +$7.28K | +795 | +49% |
|
|
JAM
8
Jupiter Asset Management
London,
United Kingdom
| – | -$3.04M | -314,952 | Closed |
|
|
JFGIW
9
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$18K | -1,860 | Closed |
|
|
LIA
10
LS Investment Advisors
Bloomfield Hills,
Michigan
| – | -$1K | -80 | Closed |
|
SMS Hedge Fund Activity: Q1 2014 in Review
7 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in SIMS METAL MANAGEMENT LTD ADS (EA REPSTG 1 ORD SHS) (SMS) for Q1 2014, worth a combined $6.88M — down 36% from $10.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SMS and 1 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Aperio Group, opening a new position worth an estimated $1.79M. The largest seller was Jupiter Asset Management, exiting entirely with an estimated $3.04M sold.
- 7 institutional investors held SIMS METAL MANAGEMENT LTD ADS (EA REPSTG 1 ORD SHS) (SMS) as of Q1 2014, down from 9 in Q4 2013.
- Funds reported $6.88M of SIMS METAL MANAGEMENT LTD ADS (EA REPSTG 1 ORD SHS) stock for Q1 2014, down 36% quarter-over-quarter.
- 1 fund opened new SIMS METAL MANAGEMENT LTD ADS (EA REPSTG 1 ORD SHS) positions in Q1 2014 and 3 closed out, a net change of -2 holders.
- The largest SIMS METAL MANAGEMENT LTD ADS (EA REPSTG 1 ORD SHS) buyer in Q1 2014 was Aperio Group, an estimated $1.79M added.
- The largest SIMS METAL MANAGEMENT LTD ADS (EA REPSTG 1 ORD SHS) seller in Q1 2014 was Jupiter Asset Management, an estimated $3.04M sold.
Based on aggregated 13F filings for Q1 2014.