Tecnoglass
TGLS
88 hedge funds and large institutions have $247M invested in Tecnoglass in 2022 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 26 increasing their positions, 27 reducing their positions, and 15 closing their positions.
231% more call options, than puts
Call options by funds: $6.27M | Put options by funds: $1.9M
26% more capital invested
Capital invested by funds: $197M → $247M (+$50.5M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
20% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 15
2% more funds holding
Funds holding: 86 → 88 (+2)
1.08% more ownership
Funds ownership: 23.63% → 24.71% (+1.1%)
4% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$10.2M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$4.7M |
| 3 |
Millennium Management
New York
|
+$4.05M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.92M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$6.51M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$4.58M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$3.04M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$1.72M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
101
CoreCap Advisors
Southfield,
Michigan
| – | -$2K | -100 | Closed |
|
|
HFS
102
Hantz Financial Services
Southfield,
Michigan
| – | -$1K | -50 | Closed |
|
103
Fidelity Investments
Boston,
Massachusetts
| – | +$218 | +10 | New |
|
TGLS Hedge Fund Activity: Q3 2022 in Review
88 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Tecnoglass (TGLS) for Q3 2022, worth a combined $247M — up 26% from $197M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TGLS positions and 15 closed out — a net gain of 3 holders — while 26 added to existing stakes and 27 trimmed.
The largest buyer was Portolan Capital Management, adding an estimated $10.2M. The largest seller was BlackRock, cutting an estimated $6.51M.
- 88 institutional investors held Tecnoglass (TGLS) as of Q3 2022, up from 86 in Q2 2022.
- Funds reported $247M of Tecnoglass stock for Q3 2022, up 26% quarter-over-quarter.
- 18 funds opened new Tecnoglass positions in Q3 2022 and 15 closed out, a net change of +3 holders.
- The largest Tecnoglass buyer in Q3 2022 was Portolan Capital Management, an estimated $10.2M added.
- The largest Tecnoglass seller in Q3 2022 was BlackRock, an estimated $6.51M sold.
Based on aggregated 13F filings for Q3 2022.