TECUMSEH PRODUCTS CO CL-A
TECUA
TECUA was delisted on the 13th of December, 2012.
62 hedge funds and large institutions have $74.7M invested in TECUMSEH PRODUCTS CO CL-A in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 12 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
7% less funds holding
Funds holding: 67 → 62 (-5)
25% less capital invested
Capital invested by funds: $100M → $74.7M (-$25.5M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AF
Aegis Financial
Mc Lean,
Virginia
|
+$3.72M |
| 2 |
GJL
Gendell Jeffrey L
|
+$3.17M |
| 3 |
DSC
Donald Smith & Co
New York
|
+$1.61M |
| 4 |
PM
Penbrook Management
New York
|
+$926K |
| 5 |
Axa
Paris,
France
|
+$625K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$5.28M |
| 2 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
-$4.72M |
| 3 |
LCM
LG Capital Management
Owings Mills,
Maryland
|
-$1.17M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$996K |
| 5 |
NIMC
Nierenberg Investment Management Company
Camas,
Washington
|
-$937K |
TECUA Hedge Fund Activity: Q1 2014 in Review
62 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in TECUMSEH PRODUCTS CO CL-A (TECUA) for Q1 2014, worth a combined $74.7M — down 25% from $100M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TECUA and 7 opened new positions — a net loss of 5 holders — while 20 trimmed existing stakes and 21 added.
The largest buyer was Aegis Financial, adding an estimated $3.72M. The largest seller was Advisory Research, exiting entirely with an estimated $5.28M sold.
- 62 institutional investors held TECUMSEH PRODUCTS CO CL-A (TECUA) as of Q1 2014, down from 67 in Q4 2013.
- Funds reported $74.7M of TECUMSEH PRODUCTS CO CL-A stock for Q1 2014, down 25% quarter-over-quarter.
- 7 funds opened new TECUMSEH PRODUCTS CO CL-A positions in Q1 2014 and 12 closed out, a net change of -5 holders.
- The largest TECUMSEH PRODUCTS CO CL-A buyer in Q1 2014 was Aegis Financial, an estimated $3.72M added.
- The largest TECUMSEH PRODUCTS CO CL-A seller in Q1 2014 was Advisory Research, an estimated $5.28M sold.
Based on aggregated 13F filings for Q1 2014.