Twin Disc
TWIN
70 hedge funds and large institutions have $75.2M invested in Twin Disc in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 26 increasing their positions, 27 reducing their positions, and 8 closing their positions.
4% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 27
5% less funds holding
Funds holding: 74 → 70 (-4)
34% less capital invested
Capital invested by funds: $115M → $75.2M (-$39.6M)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$2.68M |
| 2 |
GWI
Grace & White Inc
Ny,
New York
|
+$1.47M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$344K |
| 4 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$340K |
| 5 |
Millennium Management
New York
|
+$339K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$2.29M |
| 2 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$1.47M |
| 3 |
TA
Teton Advisors
Rye,
New York
|
-$568K |
| 4 |
BA
Broadview Advisors
Milwaukee,
Wisconsin
|
-$458K |
| 5 |
Renaissance Technologies
New York
|
-$383K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Citigroup
New York
| – | -$44.9K | -3,034 | -100% |
|
|
CCMH
77
Cornerstone Capital Management Holdings
New York
| – | -$24K | -1,300 | Closed |
|
|
EFSCE
78
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$2K | -103 | Closed |
|
TWIN Hedge Fund Activity: Q3 2015 in Review
70 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Twin Disc (TWIN) for Q3 2015, worth a combined $75.2M — down 34% from $115M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TWIN and 4 opened new positions — a net loss of 4 holders — while 27 trimmed existing stakes and 26 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $2.68M. The largest seller was Heartland Advisors, cutting an estimated $2.29M.
- 70 institutional investors held Twin Disc (TWIN) as of Q3 2015, down from 74 in Q2 2015.
- Funds reported $75.2M of Twin Disc stock for Q3 2015, down 34% quarter-over-quarter.
- 4 funds opened new Twin Disc positions in Q3 2015 and 8 closed out, a net change of -4 holders.
- The largest Twin Disc buyer in Q3 2015 was DePrince Race & Zollo Inc (DRZ), an estimated $2.68M added.
- The largest Twin Disc seller in Q3 2015 was Heartland Advisors, an estimated $2.29M sold.
Based on aggregated 13F filings for Q3 2015.