Resolutefunds position change.
On September 30 they had 6.6% in DMX and at the end
of November they held 5.8%.
That doesn't tell us anything.
While this I think does:
Sept 30
60 million fund x .823 in equities x .066 DMX = $3,278,634
No of shares = 3,278,634 / $2.30 price = 1,425,500 shares
Nov 29
60.36M fund x .812 in equities x .058 DMX = $2,842,715
No of shares = 2,842,715 / $1.67 price = 1,702,224 shares
...
It looks on the surface like he sold; but, he didn't.
He bought 275,000 more in October and November.
I picked 2.30 off the charts which may be off a couple of
cents. I used 60 million back when I posted the link to
get the 3,278,634 which I posted last week. It should
more accurately have been 3,267,277 using an equally
exact fund size.
If nothing else changed and this was Dec 31 the weight
in the fund could be calculated backwards.
The 2,842,715 becomes 5,106,672 and DMX is 11.8% weight.
(1,702,224 x 3.00 / 60,360,000) |
