Hedge Fund Short Positions in Germany and Italy

Hedge Fund Short Positions in Germany and Italy

In Europe, Germany has the largest number of short position filings, after the U.K. of course. Some of the frequently shorted stocks in Germany are, TAG Immobilien AG (FRA:TEG) (ETR:TEG) a position of five hedge funds, TUI AG (ETR:TUI1) (FRA:TUI1) a position of six funds and AIXTRON SE (NASDAQ:AIXG) (ETR:AIXA) (FRA:AIXA) a position of six funds.

Some famous investors hold positions in these stocks like, Lee Ainsile of Maverick Capital and Steve Kuhn of Pine River, for full list of U.S. hedge funds’ stock positions in Germany, visit our updated database.

Citadel Advisors slightly covered their short position in AIXTRON SE (NASDAQ:AIXG) (ETR:AIXA) (FRA:AIXA) to 1.56 percent. D.E Shaw increased its position in freenet AG (ETR:FNTN) to 0.65 percent, the position was inactive since Nov. 26 2012.

UBS O Connor disclosed a new short of 0.7 percent in Kloeckner & Co SE (ETR:KCO). Highbridge Capital, Saemor Capital and BlackRock also hold a short in Kloeckner & Co SE (ETR:KCO). Barrington Wilshire initiated a new position of 0.61 percent in  Praktiker AG (PINK:PRAGY), another position holder of Praktiker AG (PINK:PRAGY) is Sothic Capital.

Julian Robertson’s Tiger Management holds a short of 1.08 percent in Powerland AG (FRA:1PL) while Chase Coleman’s Tiger Global is shorting Global PVQ SE (FRA:QCE) in Germany.

In Italy, Mediaset SpA (BIT:MS) is a shorting favorite, with five hedge fund having a bearish bet in place. The latest to join in is Marshall Wace with 0.88 percent position in Mediaset SpA (BIT:MS), other shortsellers include names like Odey Asset Management and AQR Capital.

Another new disclosure from there is Egerton Capital’s position in Banca Monte dei Paschi di Siena SpA (BIT:BMPS) which was increased to 0.97 percent on the last day of January. Odey Asset Management also initiated a short in Banca Monte dei Paschi di Siena SpA (BIT:BMPS) just last week; four firms are now shorting Banca Monte. TT International just disclosed today that it is short 0.51 percent in Fiat SpA (BIT:F), which was previously a short bet of three other hedge holders. DiaSorin SpA (BIT:DIA) is a short position of four hedge funds.

 In other recent disclosures from Italy, Altair Investment Management disclosed a position in 0.83 percent in Piaggio & C. SpA (BIT:PIA), the stock is not shorted by any other fund. Highbridge Capital covered its position in TOD’S SpA (BIT:TOD) to below 0.5 percent.

About the Author

Tabinda Hussain
Tabi covers hedge funds for ValueWalk. Although Tabi is an expert in hedge funds, her academic background is in Biology. Follow her on twitter @tabihussain