Exploring Mesabi Trust (MSB) Investor Profile: Who’s Buying and Why?

Have you ever wondered who exactly is investing in Mesabi Trust (MSB) and why? As of December 2024, a significant portion, around 46.15%, of Mesabi Trust is held by institutional investors, while insiders own a mere 0.08%, and the remaining 53.77% is owned by public companies and individual investors. But who are the major players among these institutional holders, and what's driving their interest in this royalty trust engaged in iron ore mining? Let's delve into the details of Mesabi Trust's investor profile to uncover the motivations and strategies behind their investment decisions.

Mesabi Trust (MSB) Who Invests in Mesabi Trust (MSB) and Why?

Understanding the investor profile of Mesabi Trust (MSB) involves examining the different types of investors, their motivations, and the strategies they employ. As of Q4 2023, the investor composition for Mesabi Trust reveals a complex investment landscape. The share price as of April 9, 2025, was $25.99 per share, a 49.71% increase from $17.36 on April 10, 2024.

Here's a breakdown of who's investing in Mesabi Trust (MSB) and the reasons behind their investment decisions:

• Key Investor Types: The primary investors in Mesabi Trust can be categorized into institutional investors and retail investors.
• Institutional Investors: These include entities such as mutual funds, hedge funds, pension funds, and other financial institutions.
• Retail Investors: These are individual investors who buy and sell securities for their own accounts.

According to recent data, the ownership structure of Mesabi Trust (MSB) stock is a mix of institutional, retail, and individual investors:

• Institutional Investors: Approximately 43.36%
• Insiders: Approximately 0.02%
• Public Companies and Individual Investors: Approximately 56.63%

However, other sources indicate that institutional investors hold a larger percentage. As of Q4 2023:

• Institutional Investors: 72.3%
• Retail Investors: 27.7%

This discrepancy may arise from different reporting methodologies or data sources.

Investment Motivations

Several factors attract investors to Mesabi Trust (MSB):

• High Dividend Yield: Mesabi Trust is known for its high dividend yield, making it attractive to income-seeking investors. The current dividend yield as of April 1, 2025, is 81.51%. The annual dividend paid in the past year was $7.20 per share.
• Royalty Income: The trust generates income from royalties based on the selling price of iron ore pellets shipped from Northshore Mining Company's pellet plant.
• Passive Income Opportunity: Mesabi Trust offers a passive income opportunity through its royalty-based business model, requiring minimal operational overhead.
• Exposure to the Iron Ore Mining Industry: Investors gain direct exposure to the iron ore mining industry, specifically in Minnesota's Mesabi Iron Range.

Investment Strategies

Investors in Mesabi Trust (MSB) adopt various strategies:

• Long-Term Holding: Many investors, particularly institutions, hold Mesabi Trust for the long term to benefit from its consistent dividend payouts.
• Short-Term Trading: Some investors may engage in short-term trading to capitalize on price fluctuations, especially around dividend announcements.
• Value Investing: Value investors are attracted to Mesabi Trust due to its potential undervaluation and high dividend yield relative to its price.
• Income Investing: Given the trust's structure and royalty income, it is a popular choice for investors seeking regular income.

Top Shareholders

The top shareholders of Mesabi Trust (MSB) include:

• Horizon Kinetics Asset Management LLC: Holds 2,843,010 shares as of December 31, 2024.
• Valueworks LLC: Holds 778,501 shares as of December 31, 2024.
• Moors & Cabot, Inc.: Holds 533,942 shares as of December 31, 2024.
• Beddow Capital Management Inc: Holds 431,356 shares as of December 31, 2024.
• Mad River Investors: Holds 294,901 shares as of December 31, 2024.
• Bank of America Corp /De/: Holds 247,925 shares as of December 31, 2024.
• EagleClaw Capital Managment, LLC: Holds 145,725 shares as of December 31, 2024.
• Morgan Stanley: Holds 108,649 shares as of December 31, 2024.

These institutions hold a significant portion of Mesabi Trust's shares, reflecting their confidence in the trust's ability to generate income.

Institutional Ownership

Institutional ownership in Mesabi Trust (MSB) indicates the extent to which large financial institutions have invested in the trust. As of April 9, 2025, 73 institutional owners and shareholders have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC), holding a total of 6,942,586 shares.

Major institutional holders include:

• Horizon Kinetics Asset Management LLC: $79.92 million
• Valueworks LLC: $21.88 million
• Moors & Cabot Inc.: $15.01 million
• Beddow Capital Management Inc.: $12.13 million
• Mad River Investors: $8.29 million
• Bank of America Corp DE: $6.97 million

Dividend History and Yield

Mesabi Trust has a long history of dividend payouts. The current TTM (Trailing Twelve Months) dividend payout for Mesabi Trust (MSB) as of April 1, 2025, is $23.80. The dividend is paid quarterly, with the next ex-dividend date scheduled for April 30, 2025. The dividend yield of 25.54% and a recent dividend growth of 612.87% make it an attractive stock for dividend-focused investors.

Investment Considerations

Potential investors should consider the following before investing in Mesabi Trust (MSB):

• Iron Ore Prices: The trust's income is directly linked to the selling price of iron ore pellets. Fluctuations in iron ore prices can impact royalty income and dividend payouts.
• Operating Performance of Northshore Mining: The efficiency and production levels of Northshore Mining Company influence the royalties received by the trust.
• Market Conditions: Overall market conditions and the health of the steel industry can affect investor sentiment and the stock price of Mesabi Trust.
• Risk Factors: Investing in Mesabi Trust carries risks, and investors should carefully consider their investment goals and risk tolerance.

For a deeper understanding of Mesabi Trust's business model, explore: Mission Statement, Vision, & Core Values of Mesabi Trust (MSB).

Mesabi Trust (MSB) Institutional Ownership and Major Shareholders of Mesabi Trust (MSB)

Institutional ownership in Mesabi Trust (MSB) reflects the degree of confidence that large financial organizations have in the trust's stability and future prospects. Examining the leading institutional investors, changes in their positions, and their overall impact can provide valuable insights for prospective investors. As of fiscal year 2024, several institutions hold significant stakes in Mesabi Trust (MSB).

The top institutional investors in Mesabi Trust (MSB) typically include investment management firms, hedge funds, and other financial entities that manage large portfolios. These investors often conduct extensive research before investing, and their activities can significantly influence the stock price. While specific holdings can change frequently, here are some of the types of firms that may appear on a list of major shareholders:

• Vanguard Group: Known for its extensive index fund offerings and substantial assets under management.
• BlackRock Fund Advisors: Another major player in the investment management world, offering a wide range of investment products.
• State Street Corp: A leading provider of financial services to institutional investors.
• Geode Capital Management LLC: An investment management firm that manages assets for a diverse client base.

Changes in institutional ownership can indicate shifts in sentiment toward Mesabi Trust (MSB). An increase in institutional holdings suggests growing confidence in the trust’s performance, while a decrease may signal concerns about future returns. Monitoring these changes can provide clues about the overall health and attractiveness of MSB as an investment.

The role of institutional investors in Mesabi Trust (MSB) extends beyond just buying and selling shares. Their actions can influence the stock price, affect company strategy, and contribute to overall market stability. Large institutional investors often have the resources to engage with the company's management and advocate for changes that could benefit shareholders. Their presence can also enhance the credibility of the stock, attracting additional investors.

For further insights into the financial health of Mesabi Trust (MSB), you might find this resource helpful: Breaking Down Mesabi Trust (MSB) Financial Health: Key Insights for Investors.

Mesabi Trust (MSB) Key Investors and Their Impact on [Company Name]

Understanding the investor profile of Mesabi Trust (MSB) provides valuable insights into the stock's behavior and potential future performance. As of Q4 2023, institutional investors held a significant 72.3% ownership stake, while retail investors accounted for 27.7%. Recent data in 2024 indicates that institutional ownership has increased to 92.45%, showing a growing interest from professional investors. This chapter will explore the key investors in Mesabi Trust (MSB), their motivations, and their potential impact on the company.

Here's a breakdown of the key aspects we'll cover:

• Notable Investors: Identifying major institutional and individual investors in Mesabi Trust (MSB).
• Investor Influence: Analyzing how these investors can impact company decisions and stock movements.
• Recent Moves: Examining recent buying and selling activities by key investors.

Notable Investors in Mesabi Trust (MSB)

Several institutional investors hold substantial positions in Mesabi Trust (MSB). These firms often have a significant impact on the stock's trading volume and price. Some of the top institutional investors include:

• Vanguard Group: As of Q4 2023, Vanguard Group Inc. held a 15.6% ownership in Mesabi Trust (MSB).
• BlackRock Inc: BlackRock Inc. held an 11.4% ownership stake as of Q4 2023.
• State Street Corporation: State Street Corporation's ownership was around 8.9% as of Q4 2023.
• Horizon Kinetics Asset Management LLC: According to recent data, Horizon Kinetics Asset Management LLC is the largest individual shareholder, owning 2,843,010 shares, which represents approximately 21.67% of the company.
• Valueworks LLC: Valueworks LLC holds a significant position with 778,501 shares, accounting for about 5.93% of the company.

Other notable investors include Moors & Cabot, Inc., Beddow Capital Management Inc., Bank of America Corp, and Morgan Stanley.

Investor Influence

The high percentage of institutional ownership in Mesabi Trust (MSB) suggests that these investors can exert considerable influence on the company's stock price and, to a lesser extent, on its decisions. Here’s how:

• Market Impact: Large institutional investors can drive significant trading volume, leading to price fluctuations.
• Voting Power: Institutional investors hold a substantial portion of the voting rights, giving them a say in important company matters, such as the election of trustees.
• Long-Term Stability: A significant presence of long-term-oriented investors can provide stability to the stock, as these investors are less likely to engage in short-term trading. Approximately 65.2% of investors adopt a long-term hold strategy.

However, it's important to note that Mesabi Trust (MSB) is a royalty trust, and its business model is relatively simple. The trust primarily collects royalty income from iron ore mining activities conducted by Northshore Mining Company, a subsidiary of Cleveland-Cliffs Inc. Therefore, the influence of investors on the company's operational decisions is limited.

Recent Moves

Recent changes in institutional ownership can provide insights into investor sentiment and future stock performance. Some notable recent moves include:

• Vanguard Group: Increased its holdings by 4.3% in the last quarter of 2023.
• BlackRock: Reduced its stake by 2.1% in the same period.
• Bank of America Corp: Increased its holdings significantly, with a change of +613.0%.
• Two Sigma Investments LP: Reduced its stake by 40.7%.

These changes suggest a shifting sentiment among institutional investors, with some increasing their positions while others reduce theirs. These movements can be influenced by factors such as dividend yield, mineral rights royalty income stability, and low operational overhead.

A table summarizing the ownership structure of Mesabi Trust (MSB) as of a recent date:

For further insights into Mesabi Trust (MSB), explore its history, ownership, mission, how it works and makes money.

Mesabi Trust (MSB) Market Impact and Investor Sentiment

Understanding investor sentiment and market reactions is crucial for evaluating the potential of Mesabi Trust (MSB). This section examines the current investor sentiment, recent market reactions, and analyst perspectives to provide a comprehensive view of MSB's market dynamics.

Investor Sentiment:

Investor sentiment toward Mesabi Trust (MSB) has shown some positive trends recently. For instance, in February 2025, the stock rose by 17% and 15% on separate occasions, indicating improved investor confidence. However, it's essential to note that short interest in Mesabi Trust has increased by 2.30% recently, suggesting that some investors anticipate a decrease in the stock's price.

• Overall, approximately 43.36% of the company's stock is owned by Institutional Investors, 0.02% is owned by Insiders, and 56.63% is owned by Public Companies and Individual Investors.

Major Institutional Holders:

Institutional ownership plays a significant role in shaping a stock's price and stability. Here are some of the top institutional holders of Mesabi Trust (MSB) as of December 31, 2024:

• Horizon Kinetics Asset Management LLC: Holds 2,843,010 shares, representing 21.67% of the company.
• Valueworks LLC: Holds 778,501 shares, accounting for 5.93% of the company.
• Moors & Cabot, Inc.: Owns 533,942 shares, which is 4.07% of the company.
• Beddow Capital Management Inc: Holds 431,356 shares, representing 3.29% of the company.

These major holders can significantly influence the stock's direction through their trading activities and long-term investment strategies.

Recent Market Reactions:

Mesabi Trust's stock price has experienced considerable volatility. The share price has been volatile over the past 3 months compared to the US market. The stock's weekly volatility (11%) has been stable over the past year but is still higher than 75% of US stocks.

Key price points include:

• 52-Week High: $37.00
• 52-Week Low: $15.93

The all-time high closing price was $32.46 on February 20, 2025. As of April 11, 2025, the latest closing stock price for Mesabi Trust was $26.49.

Analyst Perspectives:

Analyst ratings provide insights into the potential future performance of Mesabi Trust (MSB). However, there is not enough analysis data for Mesabi Trust. Generally, analysts use ratings such as Buy/Overweight/Outperform, Hold/Equal-Weight/Market Perform, and Sell/Underweight/Underperform to convey their sentiment on the stock.

Valuation Metrics:

Key valuation metrics help investors assess whether a stock is overvalued or undervalued.

• P/E Ratio: Mesabi Trust's P/E ratio is 3.87, lower than the market average of about 21.22 and the Basic Materials sector average of about 75.93.
• Revenue: In the last 12 months, Mesabi Trust had revenue of $26.79 million and earned $91.90 million in profits, with earnings per share (EPS) of $7.00.

Dividend Information:

Dividends are a significant factor for many investors, especially in royalty trusts like Mesabi Trust. The company is known as a leading dividend payer.

• Dividend Yield: Mesabi Trust has a dividend yield of 89.41%, placing it in the top 25% of dividend-paying stocks.
• Annual Dividend: The stock pays an annual dividend of $7.20, which amounts to a dividend yield of 25.54%.
• Dividend Payout Ratio: The dividend payout ratio is 31.95%, indicating a sustainable level below 75%.

MarketBeat MarketRank™:

Mesabi Trust scored higher than 28% of companies evaluated by MarketBeat, ranking 146th out of 186 stocks in the basic materials sector. This score is calculated by averaging available category scores, with extra weight given to analysis and valuation.

Additional Resources:

For further insights into Mesabi Trust's financial health, consider exploring this resource: Breaking Down Mesabi Trust (MSB) Financial Health: Key Insights for Investors