Twin Disc
TWIN
68 hedge funds and large institutions have $158M invested in Twin Disc in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 30 increasing their positions, 19 reducing their positions, and 6 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 19
4% more capital invested
Capital invested by funds: $152M → $158M (+$6.09M)
7% less call options, than puts
Call options by funds: $738K | Put options by funds: $790K
3% less funds holding
Funds holding: 70 → 68 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$6.8M |
| 2 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$1.9M |
| 3 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
+$1.08M |
| 4 |
TA
Teton Advisors
Rye,
New York
|
+$867K |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$691K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$4.21M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$4.2M |
| 3 |
GAM
Gotham Asset Management
New York
|
-$527K |
| 4 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$496K |
| 5 |
JP Morgan Chase
New York
|
-$406K |
TWIN Hedge Fund Activity: Q1 2014 in Review
68 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Twin Disc (TWIN) for Q1 2014, worth a combined $158M — up 4% from $152M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of TWIN and 4 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 30 added.
The largest buyer was Heartland Advisors, opening a new position worth an estimated $6.8M. The largest seller was Goldman Sachs, cutting an estimated $4.21M.
- 68 institutional investors held Twin Disc (TWIN) as of Q1 2014, down from 70 in Q4 2013.
- Funds reported $158M of Twin Disc stock for Q1 2014, up 4% quarter-over-quarter.
- 4 funds opened new Twin Disc positions in Q1 2014 and 6 closed out, a net change of -2 holders.
- The largest Twin Disc buyer in Q1 2014 was Heartland Advisors, an estimated $6.8M added.
- The largest Twin Disc seller in Q1 2014 was Goldman Sachs, an estimated $4.21M sold.
Based on aggregated 13F filings for Q1 2014.