Tredegar Corp
94 hedge funds and large institutions have $526M invested in Tredegar Corp in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 40 increasing their positions, 29 reducing their positions, and 17 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 29
8% more call options, than puts
Call options by funds: $1.1M | Put options by funds: $1.02M
2% more capital invested
Capital invested by funds: $513M → $526M (+$12.7M)
0.79% more ownership
Funds ownership: 61.96% → 62.75% (+0.79%)
11% less funds holding
Funds holding: 106 → 94 (-12)
65% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$5.85M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.95M |
| 3 |
GF
Gabelli Funds
Rye,
New York
|
+$3.35M |
| 4 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$1.7M |
| 5 |
LOM
Loeb Offshore Management
New York
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$8.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.47M |
| 3 |
QBFM
QS Batterymarch Financial Management
New York
|
-$1.04M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$983K |
| 5 |
Bank of New York Mellon
New York
|
-$973K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
BNP Paribas Financial Markets
Paris,
France
| – | -$223K | -8,668 | Closed |
|
102
Millennium Management
New York
| – | -$217K | -8,427 | Closed |
|
|
KLWA
103
Kelly Lawrence W & Associates
Pasadens,
California
| – | -$95K | -3,700 | Closed |
|
|
OMCS
104
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$21K | -800 | Closed |
|
|
OFS
105
Orrstown Financial Services
Harrisburg,
Pennsylvania
| – | -$13K | -505 | Closed |
|
106
M&T Bank
Buffalo,
New York
| – | -$13K | -500 | Closed |
|
|
FMII
107
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$12K | -462 | Closed |
|
|
TRCT
108
Tower Research Capital (TRC)
New York
| – | -$11K | -427 | Closed |
|
109
Group One Trading
Chicago,
Illinois
| – | -$7.86K | -300 | Closed |
|
|
FNBT
110
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$3K | -131 | Closed |
|
|
GC
111
Globeflex Capital
San Diego,
California
| – | -$1K | -53 | Closed |
|
112
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -5 | Closed |
|
TG Hedge Fund Activity: Q3 2013 in Review
94 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Tredegar Corp (TG) for Q3 2013, worth a combined $526M — up 2.5% from $513M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TG and 6 opened new positions — a net loss of 11 holders — while 29 trimmed existing stakes and 40 added.
The largest buyer was GAMCO Investors, adding an estimated $5.85M. The largest seller was London Company of Virginia, cutting an estimated $8.5M.
- 94 institutional investors held Tredegar Corp (TG) as of Q3 2013, down from 106 in Q2 2013.
- Funds reported $526M of Tredegar Corp stock for Q3 2013, up 2.5% quarter-over-quarter.
- 6 funds opened new Tredegar Corp positions in Q3 2013 and 17 closed out, a net change of -11 holders.
- The largest Tredegar Corp buyer in Q3 2013 was GAMCO Investors, an estimated $5.85M added.
- The largest Tredegar Corp seller in Q3 2013 was London Company of Virginia, an estimated $8.5M sold.
Based on aggregated 13F filings for Q3 2013.