Tecnoglass
TGLS
23 hedge funds and large institutions have $12.1M invested in Tecnoglass in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 4 reducing their positions, and 5 closing their positions.
225% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 4
1.04% less ownership
Funds ownership: 4.9% → 3.87% (-1%)
4% less funds holding
Funds holding: 24 → 23 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
32% less capital invested
Capital invested by funds: $17.7M → $12.1M (-$5.58M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.57M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$1.05M |
| 3 |
MCC
Malaga Cove Capital
Pv Estates,
California
|
+$754K |
| 4 |
KCP
Kenmare Capital Partners
New York
|
+$365K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$244K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIPM
G2 Investment Partners Management
New York
|
-$5.14M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$1.14M |
| 3 |
KJHP
K.J. Harrison & Partners
Toronto,
Ontario, Canada
|
-$652K |
| 4 |
Millennium Management
New York
|
-$544K |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$401K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BI
26
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$401K | -36,980 | Closed |
|
27
JP Morgan Chase
New York
| – | -$115K | -10,595 | Closed |
|
TGLS Hedge Fund Activity: Q2 2017 in Review
23 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Tecnoglass (TGLS) for Q2 2017, worth a combined $12.1M — down 32% from $17.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of TGLS and 4 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 13 added.
The largest buyer was Kennedy Capital Management, adding an estimated $1.57M. The largest seller was G2 Investment Partners Management, cutting an estimated $5.14M.
- 23 institutional investors held Tecnoglass (TGLS) as of Q2 2017, down from 24 in Q1 2017.
- Funds reported $12.1M of Tecnoglass stock for Q2 2017, down 32% quarter-over-quarter.
- 4 funds opened new Tecnoglass positions in Q2 2017 and 5 closed out, a net change of -1 holder.
- The largest Tecnoglass buyer in Q2 2017 was Kennedy Capital Management, an estimated $1.57M added.
- The largest Tecnoglass seller in Q2 2017 was G2 Investment Partners Management, an estimated $5.14M sold.
Based on aggregated 13F filings for Q2 2017.