Tecnoglass
TGLS
34 hedge funds and large institutions have $37M invested in Tecnoglass in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 10 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
0.23% more ownership
Funds ownership: 12.82% → 13.05% (+0.23%)
6% less funds holding
Funds holding: 36 → 34 (-2)
9% less capital invested
Capital invested by funds: $40.7M → $37M (-$3.77M)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.24M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$2.35M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$1.72M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$694K |
| 5 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$542K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIC
AWM Investment Company
New York
|
-$2.44M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$2M |
| 3 |
CCA
Cruiser Capital Advisors
Stamford,
Connecticut
|
-$1.64M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1.3M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$1.09M |
TGLS Hedge Fund Activity: Q2 2019 in Review
34 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Tecnoglass (TGLS) for Q2 2019, worth a combined $37M — down 9.2% from $40.7M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of TGLS and 8 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 16 added.
The largest buyer was Raymond James & Associates, adding an estimated $3.24M. The largest seller was AWM Investment Company, exiting entirely with an estimated $2.44M sold.
- 34 institutional investors held Tecnoglass (TGLS) as of Q2 2019, down from 36 in Q1 2019.
- Funds reported $37M of Tecnoglass stock for Q2 2019, down 9.2% quarter-over-quarter.
- 8 funds opened new Tecnoglass positions in Q2 2019 and 10 closed out, a net change of -2 holders.
- The largest Tecnoglass buyer in Q2 2019 was Raymond James & Associates, an estimated $3.24M added.
- The largest Tecnoglass seller in Q2 2019 was AWM Investment Company, an estimated $2.44M sold.
Based on aggregated 13F filings for Q2 2019.