Tecnoglass
TGLS
137 hedge funds and large institutions have $516M invested in Tecnoglass in 2023 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 46 increasing their positions, 31 reducing their positions, and 8 closing their positions.
400% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 8
51% more capital invested
Capital invested by funds: $341M → $516M (+$174M)
48% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 31
25% more funds holding
Funds holding: 110 → 137 (+27)
18% more call options, than puts
Call options by funds: $5.69M | Put options by funds: $4.84M
1.75% more ownership
Funds ownership: 24.02% → 25.77% (+1.7%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$12.3M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$10.5M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$7.76M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$6.39M |
| 5 |
LCG
Lisanti Capital Growth
New York
|
+$6.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$31.4M |
| 2 |
MVP
Medina Value Partners
Los Angeles,
California
|
-$18.7M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$4.69M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$4.68M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.93M |
TGLS Hedge Fund Activity: Q1 2023 in Review
137 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Tecnoglass (TGLS) for Q1 2023, worth a combined $516M — up 51% from $341M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new TGLS positions and 8 closed out — a net gain of 32 holders — while 46 added to existing stakes and 31 trimmed.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $12.3M. The largest seller was American Century Companies, cutting an estimated $31.4M.
- 137 institutional investors held Tecnoglass (TGLS) as of Q1 2023, up from 110 in Q4 2022.
- Funds reported $516M of Tecnoglass stock for Q1 2023, up 51% quarter-over-quarter.
- 40 funds opened new Tecnoglass positions in Q1 2023 and 8 closed out, a net change of +32 holders.
- The largest Tecnoglass buyer in Q1 2023 was Victory Capital Management, an estimated $12.3M added.
- The largest Tecnoglass seller in Q1 2023 was American Century Companies, an estimated $31.4M sold.
Based on aggregated 13F filings for Q1 2023.