Tecnoglass
TGLS
46 hedge funds and large institutions have $112M invested in Tecnoglass in 2021 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 18 increasing their positions, 13 reducing their positions, and 8 closing their positions.
124% more capital invested
Capital invested by funds: $50.1M → $112M (+$62.1M)
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
38% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 13
10% more funds holding
Funds holding: 42 → 46 (+4)
4.11% more ownership
Funds ownership: 15.2% → 19.3% (+4.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$6.24M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$4.89M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.09M |
| 4 |
AGC
Alden Global Capital
Brandon,
Florida
|
+$1.58M |
| 5 |
FA
Friess Associates
Greenville,
Delaware
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$4.39M |
| 2 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$316K |
| 3 |
BFM
Boothbay Fund Management
New York
|
-$259K |
| 4 |
Millennium Management
New York
|
-$205K |
| 5 |
Squarepoint
New York
|
-$188K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Invesco
Atlanta,
Georgia
| – | -$136K | -19,638 | Closed |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| – | -$43K | -6,152 | Closed |
|
53
Lazard Asset Management
New York
| – | -$7K | -1,156 | Closed |
|
TGLS Hedge Fund Activity: Q1 2021 in Review
46 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Tecnoglass (TGLS) for Q1 2021, worth a combined $112M — up 124% from $50.1M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TGLS positions and 8 closed out — a net gain of 4 holders — while 18 added to existing stakes and 13 trimmed.
The largest buyer was Russell Investments Group, adding an estimated $6.24M. The largest seller was American Century Companies, cutting an estimated $4.39M.
- 46 institutional investors held Tecnoglass (TGLS) as of Q1 2021, up from 42 in Q4 2020.
- Funds reported $112M of Tecnoglass stock for Q1 2021, up 124% quarter-over-quarter.
- 12 funds opened new Tecnoglass positions in Q1 2021 and 8 closed out, a net change of +4 holders.
- The largest Tecnoglass buyer in Q1 2021 was Russell Investments Group, an estimated $6.24M added.
- The largest Tecnoglass seller in Q1 2021 was American Century Companies, an estimated $4.39M sold.
Based on aggregated 13F filings for Q1 2021.