Tecnoglass
TGLS
126 hedge funds and large institutions have $486M invested in Tecnoglass in 2023 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 42 increasing their positions, 47 reducing their positions, and 58 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
17% more call options, than puts
Call options by funds: $8.78M | Put options by funds: $7.52M
1.8% more ownership
Funds ownership: 29.13% → 30.93% (+1.8%)
11% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 47
21% less funds holding
Funds holding: 159 → 126 (-33)
32% less capital invested
Capital invested by funds: $717M → $486M (-$231M)
57% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$39.4M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$39.1M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$23.8M |
| 4 |
ClearBridge Investments
New York
|
+$12.2M |
| 5 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$15.3M |
| 2 |
Millennium Management
New York
|
-$12.3M |
| 3 |
LCG
Lisanti Capital Growth
New York
|
-$10.1M |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$9.38M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$8.19M |
TGLS Hedge Fund Activity: Q3 2023 in Review
126 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Tecnoglass (TGLS) for Q3 2023, worth a combined $486M — down 32% from $717M a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of TGLS and 25 opened new positions — a net loss of 33 holders — while 47 trimmed existing stakes and 42 added.
The largest buyer was American Century Companies, adding an estimated $39.4M. The largest seller was Morgan Stanley, cutting an estimated $15.3M.
- 126 institutional investors held Tecnoglass (TGLS) as of Q3 2023, down from 159 in Q2 2023.
- Funds reported $486M of Tecnoglass stock for Q3 2023, down 32% quarter-over-quarter.
- 25 funds opened new Tecnoglass positions in Q3 2023 and 58 closed out, a net change of -33 holders.
- The largest Tecnoglass buyer in Q3 2023 was American Century Companies, an estimated $39.4M added.
- The largest Tecnoglass seller in Q3 2023 was Morgan Stanley, an estimated $15.3M sold.
Based on aggregated 13F filings for Q3 2023.