Mesabi Trust: which funds bought and sold
Institutions that bought and sold Mesabi Trust shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.
Between March 31, 2026 and June 30, 2026, 27 institutions that filed 13F reports for both quarters added to or opened positions in Mesabi Trust, and 30 cut or closed them. Together they sold a net 25K shares, −0.4% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 76K shares (+22.9%); index fund managers were net buyers of 2,139 shares (+3.7%). 6 opened a new position and 14 sold out entirely.
Bought, Q2 2026 27 institutions, 6 of them new holders Sold, Q2 2026 30 institutions, 14 of them sold out
Net change, all compared −25K shares (−0.4%)
Net change, active managers +76K shares (+22.9%), 2 bought, 3 sold
Buyers versus sellers
27 bought 19 30 sold
Active managers and hedge funds 2 bought · 3 sold · +76K
Index fund managers 1 bought · 0 sold · +2,139
Other institutions 24 bought · 27 sold · −104K
Biggest buyers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| First Manhattan Co. Llc. Active manager | +86K +27.8% | 396K | $10M |
| Horizon Kinetics Asset Management LLC | +78K +2.5% | 3.2M | $81.5M |
| Cwa Asset Management Group, LLC | +71K +16.0% | 519K | $13.1M |
| Valueworks LLC | +23K +3.6% | 670K | $16.9M |
| Pks Advisory Services, LLC | +16K New position | 16K | $404,194 |
| Two Sigma Investments, LP Hedge fund | +15K New position | 15K | $367,356 |
| Xtx Topco Ltd | +13K New position | 13K | $321,108 |
| Royal Bank Of Canada | +3,709 +7.3% | 55K | $1.4M |
| Inspire Advisors, LLC | +3,275 +44.1% | 11K | $270,786 |
| BNP Paribas Financial Markets | +2,500 New position | 2,500 | $63,250 |
| Mad River Investors | +2,189 +0.7% | 324K | $8.2M |
| Geode Capital Management, LLC Index funds | +2,139 +3.7% | 60K | $1.5M |
| Bank Of New York Mellon Corp | +1,266 +1.3% | 101K | $2.6M |
| Advisory Services Network, LLC | +1,040 +0.6% | 186K | $4.7M |
| United Financial Planning Group LLC | +1,000 New position | 1,000 | $25,300 |
| Eagleclaw Capital Managment, LLC | +800 +0.5% | 171K | $4.3M |
| Steinberganna Wealth Management | +570 +5.8% | 10K | $264,754 |
| Steward Partners Investment Advisory, LLC | +378 +1.6% | 25K | $623,341 |
| Jpmorgan Chase & Co | +268 +0.7% | 37K | $873,339 |
| Citigroup Inc | +255 +30.8% | 1,084 | $27,425 |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| First Manhattan Co. Llc. Active manager | +86K +27.8% | 396K | $10M |
| Two Sigma Investments, LP Hedge fund | +15K New position | 15K | $367,356 |
Biggest sellers
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Bank Of America Corp | −133K −74.9% | 45K | $1.1M |
| Sei Investments Co | −84K −50.0% | 84K | $2.1M |
| Redhawk Wealth Advisors, Inc. | −34K Sold out | 0 | — |
| Arrowstreet Capital, Limited Partnership Hedge fund | −16K Sold out | 0 | — |
| Verdad Advisers, LP | −10K Sold out | 0 | — |
| O'Shaughnessy Asset Management, LLC Active manager | −8,618 Sold out | 0 | — |
| Ameriprise Financial Inc | −7,844 Sold out | 0 | — |
| Atlas Wealth Partners, LLC | −7,470 Sold out | 0 | — |
| Bank Of Montreal | −7,401 Sold out | 0 | — |
| Bourgeon Capital Management LLC | −6,999 Sold out | 0 | — |
| UBS Group AG | −5,411 −26.6% | 15K | $376,793 |
| Mai Capital Management | −4,540 Sold out | 0 | — |
| Raymond James Financial Inc | −3,288 −26.1% | 9,304 | $235,392 |
| LPL Financial LLC | −2,979 −16.0% | 16K | $396,788 |
| Osaic Holdings, Inc. | −2,945 −60.3% | 1,942 | $49,153 |
| Moors & Cabot, Inc. | −2,656 −1.5% | 178K | $4.5M |
| Simplex Trading, LLC | −2,321 −93.5% | 162 | $4,098 |
| Janney Montgomery Scott LLC | −2,030 −11.9% | 15K | $381,000 |
| One Charles Private Wealth Services, LLC | −1,033 −6.0% | 16K | $410,619 |
| Commonwealth Equity Services, LLC | −940 −4.9% | 18K | $457,210 |
| Institution | Change in shares | Shares June 30, 2026 | Value |
|---|---|---|---|
| Arrowstreet Capital, Limited Partnership Hedge fund | −16K Sold out | 0 | — |
| O'Shaughnessy Asset Management, LLC Active manager | −8,618 Sold out | 0 | — |
| FMR LLC Active manager | −10 −27.0% | 27 | $683 |
New positions
| Institution | Shares | Value June 30, 2026 |
|---|---|---|
| Pks Advisory Services, LLC | 16K | $404,194 |
| Two Sigma Investments, LPHedge fund | 15K | $367,356 |
| Xtx Topco Ltd | 13K | $321,108 |
| BNP Paribas Financial Markets | 2,500 | $63,250 |
| United Financial Planning Group LLC | 1,000 | $25,300 |
| Barclays PLC | 6 | $152 |
Sold out
| Institution | Shares | Value March 31, 2026 |
|---|---|---|
| Redhawk Wealth Advisors, Inc. | 34K | $1.1M |
| Arrowstreet Capital, Limited PartnershipHedge fund | 16K | $495,621 |
| Verdad Advisers, LP | 10K | $324,545 |
| O'Shaughnessy Asset Management, LLCActive manager | 8,618 | $271,467 |
| Ameriprise Financial Inc | 7,844 | $247,080 |
| Atlas Wealth Partners, LLC | 7,470 | $234,775 |
| Bank Of Montreal | 7,401 | $233,132 |
| Bourgeon Capital Management LLC | 6,999 | $219,979 |
| Mai Capital Management | 4,540 | $143,015 |
| Colonial Trust Advisors | 750 | $23,625 |
Who holds the shares
- Institutions reporting
- 62
- Ten largest holders
- 89.0% of 13F-reported shares
- Index fund managers
- 0.9% of 13F-reported shares
- Active managers and hedge funds
- 6.2% of 13F-reported shares
| Type | Bought | Sold | New | Sold out | Net change in shares | Net % |
|---|---|---|---|---|---|---|
| Active managers and hedge funds | 2 | 3 | 1 | 2 | +76K | +22.9% |
| Index fund managers | 1 | 0 | 0 | 0 | +2,139 | +3.7% |
| Other institutions | 24 | 27 | 5 | 12 | −104K | −1.7% |