Tecnoglass
TGLS
41 hedge funds and large institutions have $52.4M invested in Tecnoglass in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 8 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
16% more capital invested
Capital invested by funds: $45.2M → $52.4M (+$7.16M)
1.55% more ownership
Funds ownership: 12.4% → 13.95% (+1.5%)
5% less funds holding
Funds holding: 43 → 41 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FA
Friess Associates
Greenville,
Delaware
|
+$2.9M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$2.35M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$496K |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$390K |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$257K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$927K |
| 2 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$268K |
| 3 |
Millennium Management
New York
|
-$205K |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$171K |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$166K |
TGLS Hedge Fund Activity: Q4 2019 in Review
41 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Tecnoglass (TGLS) for Q4 2019, worth a combined $52.4M — up 16% from $45.2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TGLS and 6 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 17 added.
The largest buyer was Friess Associates, opening a new position worth an estimated $2.9M. The largest seller was Raymond James & Associates, cutting an estimated $927K.
- 41 institutional investors held Tecnoglass (TGLS) as of Q4 2019, down from 43 in Q3 2019.
- Funds reported $52.4M of Tecnoglass stock for Q4 2019, up 16% quarter-over-quarter.
- 6 funds opened new Tecnoglass positions in Q4 2019 and 8 closed out, a net change of -2 holders.
- The largest Tecnoglass buyer in Q4 2019 was Friess Associates, an estimated $2.9M added.
- The largest Tecnoglass seller in Q4 2019 was Raymond James & Associates, an estimated $927K sold.
Based on aggregated 13F filings for Q4 2019.