TECUMSEH PRODUCTS CO CL-A
TECUA
TECUA was delisted on the 13th of December, 2012.
71 hedge funds and large institutions have $98.3M invested in TECUMSEH PRODUCTS CO CL-A in 2013 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 32 increasing their positions, 15 reducing their positions, and 8 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 15
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
6% more funds holding
Funds holding: 67 → 71 (+4)
19% less capital invested
Capital invested by funds: $121M → $98.3M (-$22.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
Nierenberg Investment Management Company
Camas,
Washington
|
+$9.99M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
+$3.03M |
| 3 |
AF
Aegis Financial
Mc Lean,
Virginia
|
+$1.89M |
| 4 |
SCM
Silver Capital Management
New York
|
+$1.64M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
-$14.4M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$4.93M |
| 3 |
RC
RBF Capital
San Francisco,
California
|
-$1.79M |
| 4 |
Renaissance Technologies
New York
|
-$742K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$486K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MLICM
76
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$168K | -15,359 | Closed |
|
77
Two Sigma Advisers
New York
| – | -$151K | -13,835 | Closed |
|
|
N
78
Natixis
Paris,
France
| – | -$133K | -12,200 | Closed |
|
|
CCMH
79
Cornerstone Capital Management Holdings
New York
| – | -$63K | -5,700 | Closed |
|
TECUA Hedge Fund Activity: Q3 2013 in Review
71 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in TECUMSEH PRODUCTS CO CL-A (TECUA) for Q3 2013, worth a combined $98.3M — down 19% from $121M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TECUA positions and 8 closed out — a net gain of 4 holders — while 32 added to existing stakes and 15 trimmed.
The largest buyer was Nierenberg Investment Management Company, opening a new position worth an estimated $9.99M. The largest seller was Roumell Asset Management, cutting an estimated $14.4M.
- 71 institutional investors held TECUMSEH PRODUCTS CO CL-A (TECUA) as of Q3 2013, up from 67 in Q2 2013.
- Funds reported $98.3M of TECUMSEH PRODUCTS CO CL-A stock for Q3 2013, down 19% quarter-over-quarter.
- 12 funds opened new TECUMSEH PRODUCTS CO CL-A positions in Q3 2013 and 8 closed out, a net change of +4 holders.
- The largest TECUMSEH PRODUCTS CO CL-A buyer in Q3 2013 was Nierenberg Investment Management Company, an estimated $9.99M added.
- The largest TECUMSEH PRODUCTS CO CL-A seller in Q3 2013 was Roumell Asset Management, an estimated $14.4M sold.
Based on aggregated 13F filings for Q3 2013.