Tecnoglass
TGLS
1 hedge funds and large institutions have $5.24M invested in Tecnoglass in 2013 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 7 closing their positions.
73% less capital invested
Capital invested by funds: $19.6M → $5.24M (-$14.4M)
88% less funds holding
Funds holding: 8 → 1 (-7)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 7
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$4.86M |
| 2 |
DKCM
Davidson Kempner Capital Management
New York
|
-$2.16M |
| 3 |
HS
HighVista Strategies
Boston,
Massachusetts
|
-$1.97M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.79M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAMP
1
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $5.24M | – | – | – |
|
|
2
AQR Capital Management
Greenwich,
Connecticut
| – | -$4.86M | -485,100 | Closed |
|
|
DKCM
3
Davidson Kempner Capital Management
New York
| – | -$2.16M | -215,000 | Closed |
|
|
HS
4
HighVista Strategies
Boston,
Massachusetts
| – | -$1.97M | -196,000 | Closed |
|
|
5
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$1.79M | -177,400 | Closed |
|
|
6
Bank of America
Charlotte,
North Carolina
| – | -$1.49M | -148,000 | Closed |
|
|
PRCM
7
Pine River Capital Management
Minnetonka,
Minnesota
| – | -$1.18M | -116,944 | Closed |
|
|
CS
8
Credit Suisse
Zurich,
Switzerland
| – | -$1.01M | -100,000 | Closed |
|
TGLS Hedge Fund Activity: Q4 2013 in Review
1 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Tecnoglass (TGLS) for Q4 2013, worth a combined $5.24M — down 73% from $19.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TGLS and 0 opened new positions — a net loss of 7 holders — while 0 trimmed existing stakes and 0 added.
The largest seller was AQR Capital Management, exiting entirely with an estimated $4.86M sold.
- 1 institutional investor held Tecnoglass (TGLS) as of Q4 2013, down from 8 in Q3 2013.
- Funds reported $5.24M of Tecnoglass stock for Q4 2013, down 73% quarter-over-quarter.
- 0 funds opened new Tecnoglass positions in Q4 2013 and 7 closed out, a net change of -7 holders.
- The largest Tecnoglass seller in Q4 2013 was AQR Capital Management, an estimated $4.86M sold.
Based on aggregated 13F filings for Q4 2013.