Tecnoglass
TGLS
14 hedge funds and large institutions have $10.9M invested in Tecnoglass in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 5 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
13% less capital invested
Capital invested by funds: $12.5M → $10.9M (-$1.62M)
18% less funds holding
Funds holding: 17 → 14 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIPM
G2 Investment Partners Management
New York
|
+$668K |
| 2 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$59.8K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$19.3K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.7K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$722 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Covey Capital Advisors
Atlanta,
Georgia
|
-$483K |
| 2 |
Renaissance Technologies
New York
|
-$371K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$217K |
| 4 |
SIM
Spark Investment Management
New York
|
-$202K |
| 5 |
AIG
American International Group
New York
|
-$82K |
TGLS Hedge Fund Activity: Q2 2016 in Review
14 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Tecnoglass (TGLS) for Q2 2016, worth a combined $10.9M — down 13% from $12.5M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of TGLS and 2 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was G2 Investment Partners Management, adding an estimated $668K. The largest seller was Covey Capital Advisors, exiting entirely with an estimated $483K sold.
- 14 institutional investors held Tecnoglass (TGLS) as of Q2 2016, down from 17 in Q1 2016.
- Funds reported $10.9M of Tecnoglass stock for Q2 2016, down 13% quarter-over-quarter.
- 2 funds opened new Tecnoglass positions in Q2 2016 and 5 closed out, a net change of -3 holders.
- The largest Tecnoglass buyer in Q2 2016 was G2 Investment Partners Management, an estimated $668K added.
- The largest Tecnoglass seller in Q2 2016 was Covey Capital Advisors, an estimated $483K sold.
Based on aggregated 13F filings for Q2 2016.