Tecnoglass
TGLS
133 hedge funds and large institutions have $805M invested in Tecnoglass in 2023 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 50 increasing their positions, 35 reducing their positions, and 29 closing their positions.
66% more capital invested
Capital invested by funds: $486M → $805M (+$319M)
60% more call options, than puts
Call options by funds: $13M | Put options by funds: $8.14M
43% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 35
31% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 29
6.01% more ownership
Funds ownership: 30.93% → 36.94% (+6%)
6% more funds holding
Funds holding: 126 → 133 (+7)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$59.6M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$40.2M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$17.5M |
| 4 |
ONPI
Owls Nest Partners IA
Chadds Ford,
Pennsylvania
|
+$13.9M |
| 5 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$21.7M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$10M |
| 3 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
-$7.6M |
| 4 |
Renaissance Technologies
New York
|
-$5.27M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$4.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFM
151
Boothbay Fund Management
New York
| – | -$406K | -12,309 | Closed |
|
152
State of Tennessee, Department of Treasury
Nashville,
Tennessee
| – | -$299K | -9,086 | Closed |
|
153
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$244K | -7,407 | Closed |
|
|
CCP
154
Clough Capital Partners
Boston,
Massachusetts
| – | -$216K | -6,560 | Closed |
|
|
TAM
155
Tucker Asset Management
Littleton,
Colorado
| – | -$118K | -3,572 | Closed |
|
156
LSV Asset Management
Chicago,
Illinois
| – | -$112K | -3,400 | Closed |
|
|
QT
157
Quantbot Technologies
New York
| – | -$98.7K | -2,996 | Closed |
|
|
HT
158
Headlands Technologies
Chicago,
Illinois
| – | -$14.6K | -443 | Closed |
|
|
MIM
159
Macroview Investment Management
Bethesda,
Maryland
| – | -$3.69K | -112 | Closed |
|
|
LFG
160
Larson Financial Group
St Louis,
Missouri
| – | -$3.36K | -102 | Closed |
|
|
NMG
161
New Millennium Group
Sandy,
Utah
| – | -$3.3K | -100 | Closed |
|
|
FHA
162
First Horizon Advisors
Memphis,
Tennessee
| – | -$1.19K | -36 | Closed |
|
TGLS Hedge Fund Activity: Q4 2023 in Review
133 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Tecnoglass (TGLS) for Q4 2023, worth a combined $805M — up 66% from $486M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new TGLS positions and 29 closed out — a net gain of 9 holders — while 50 added to existing stakes and 35 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $59.6M. The largest seller was Marshall Wace, cutting an estimated $21.7M.
- 133 institutional investors held Tecnoglass (TGLS) as of Q4 2023, up from 126 in Q3 2023.
- Funds reported $805M of Tecnoglass stock for Q4 2023, up 66% quarter-over-quarter.
- 38 funds opened new Tecnoglass positions in Q4 2023 and 29 closed out, a net change of +9 holders.
- The largest Tecnoglass buyer in Q4 2023 was Fidelity Investments, an estimated $59.6M added.
- The largest Tecnoglass seller in Q4 2023 was Marshall Wace, an estimated $21.7M sold.
Based on aggregated 13F filings for Q4 2023.