Tecnoglass
TGLS
159 hedge funds and large institutions have $717M invested in Tecnoglass in 2023 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 53 increasing their positions, 46 reducing their positions, and 24 closing their positions.
92% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 24
39% more capital invested
Capital invested by funds: $516M → $717M (+$202M)
16% more funds holding
Funds holding: 137 → 159 (+22)
15% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 46
3.36% more ownership
Funds ownership: 25.77% → 29.13% (+3.4%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
21% less call options, than puts
Call options by funds: $7.7M | Put options by funds: $9.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$48.2M |
| 2 |
PCM
Polaris Capital Management
Boston,
Massachusetts
|
+$21.8M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$8.15M |
| 4 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
+$6.93M |
| 5 |
RG
Renaissance Group
Covington,
Kentucky
|
+$5.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$13.6M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$10.1M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$9.19M |
| 4 |
MVP
Medina Value Partners
Los Angeles,
California
|
-$5.42M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$5.04M |
TGLS Hedge Fund Activity: Q2 2023 in Review
159 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Tecnoglass (TGLS) for Q2 2023, worth a combined $717M — up 39% from $516M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new TGLS positions and 24 closed out — a net gain of 22 holders — while 53 added to existing stakes and 46 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $48.2M. The largest seller was Millennium Management, cutting an estimated $13.6M.
- 159 institutional investors held Tecnoglass (TGLS) as of Q2 2023, up from 137 in Q1 2023.
- Funds reported $717M of Tecnoglass stock for Q2 2023, up 39% quarter-over-quarter.
- 46 funds opened new Tecnoglass positions in Q2 2023 and 24 closed out, a net change of +22 holders.
- The largest Tecnoglass buyer in Q2 2023 was Fidelity Investments, an estimated $48.2M added.
- The largest Tecnoglass seller in Q2 2023 was Millennium Management, an estimated $13.6M sold.
Based on aggregated 13F filings for Q2 2023.