Tecnoglass
TGLS
5 hedge funds and large institutions have $8.48M invested in Tecnoglass in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 3 closing their positions.
19% less capital invested
Capital invested by funds: $10.5M → $8.48M (-$2.02M)
29% less funds holding
Funds holding: 7 → 5 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$4.75K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$1.18M |
| 2 |
Morgan Stanley
New York
|
-$20.3K |
| 3 |
GSC
Ground Swell Capital
Folly Beach,
South Carolina
|
-$4K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAMP
1
Polar Asset Management Partners
Toronto,
Ontario, Canada
| $6.48M | – | – | – |
|
|
SRFM
2
Shannon River Fund Management
New York
| $1.1M | – | – | – |
|
3
California Public Employees Retirement System
Sacramento,
California
| $889K | – | – | – |
|
|
U
4
UBS
Zurich,
Switzerland
| $5K | +$4.75K | +423 | New |
|
|
PRCM
5
Pine River Capital Management
Minnetonka,
Minnesota
| – | -$1.18M | -295,100 | Closed |
|
|
6
Morgan Stanley
New York
| – | -$20.3K | -1,805 | -98% |
|
|
GSC
7
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$4K | -337 | Closed |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| – | -$2K | -206 | Closed |
|
TGLS Hedge Fund Activity: Q3 2014 in Review
5 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Tecnoglass (TGLS) for Q3 2014, worth a combined $8.48M — down 19% from $10.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of TGLS and 1 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was UBS, opening a new position worth an estimated $4.75K. The largest seller was Pine River Capital Management, exiting entirely with an estimated $1.18M sold.
- 5 institutional investors held Tecnoglass (TGLS) as of Q3 2014, down from 7 in Q2 2014.
- Funds reported $8.48M of Tecnoglass stock for Q3 2014, down 19% quarter-over-quarter.
- 1 fund opened new Tecnoglass positions in Q3 2014 and 3 closed out, a net change of -2 holders.
- The largest Tecnoglass buyer in Q3 2014 was UBS, an estimated $4.75K added.
- The largest Tecnoglass seller in Q3 2014 was Pine River Capital Management, an estimated $1.18M sold.
Based on aggregated 13F filings for Q3 2014.