Trekor Metals
49 hedge funds and large institutions have $14.7M invested in Trekor Metals in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 10 closing their positions.
75% more call options, than puts
Call options by funds: $7K | Put options by funds: $4K
1.4% less ownership
Funds ownership: 14.99% → 13.59% (-1.4%)
9% less funds holding
Funds holding: 54 → 49 (-5)
25% less capital invested
Capital invested by funds: $19.5M → $14.7M (-$4.8M)
44% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 16
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$1.5M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$852K |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$193K |
| 4 |
Renaissance Technologies
New York
|
+$102K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$79.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$1.38M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$1.34M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$761K |
| 4 |
SCM
Signia Capital Management
Spokane,
Washington
|
-$301K |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$231K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
| – | -$35K | -65,362 | Closed |
|
52
Jane Street
New York
| – | -$15K | -27,834 | Closed |
|
|
JC
53
JBF Capital
Aspen,
Colorado
| – | -$8K | -16,000 | Closed |
|
|
AG
54
Aperio Group
Sausalito,
California
| – | -$4K | -7,634 | Closed |
|
|
RE
55
RBC Europe
London,
United Kingdom
| – | -$3.87K | -7,300 | Closed |
|
|
GWM
56
Geneos Wealth Management
Englewood,
Colorado
| – | -$1K | -2,000 | Closed |
|
57
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -2,000 | Closed |
|
TGB Hedge Fund Activity: Q3 2019 in Review
49 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Trekor Metals (TGB) for Q3 2019, worth a combined $14.7M — down 25% from $19.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of TGB and 5 opened new positions — a net loss of 5 holders — while 16 trimmed existing stakes and 9 added.
The largest buyer was PenderFund Capital Management, opening a new position worth an estimated $1.5M. The largest seller was Vertex One Asset Management, cutting an estimated $1.38M.
- 49 institutional investors held Trekor Metals (TGB) as of Q3 2019, down from 54 in Q2 2019.
- Funds reported $14.7M of Trekor Metals stock for Q3 2019, down 25% quarter-over-quarter.
- 5 funds opened new Trekor Metals positions in Q3 2019 and 10 closed out, a net change of -5 holders.
- The largest Trekor Metals buyer in Q3 2019 was PenderFund Capital Management, an estimated $1.5M added.
- The largest Trekor Metals seller in Q3 2019 was Vertex One Asset Management, an estimated $1.38M sold.
Based on aggregated 13F filings for Q3 2019.