SecurityHDNG / Hardinge, Inc.
InstitutionDeutsche Bank Ag\
Shares137,637
Value $ 2,520,000

Deutsche Bank Ag\ reports 41.89% increase in ownership of HDNG / Hardinge, Inc.

May 15, 2018 - Deutsche Bank Ag\ has filed a 13F-HR form disclosing ownership of 137,637 shares of Hardinge, Inc. (NASDAQ:HDNG) with total holdings valued at $2,520,000 USD as of March 31, 2018. Deutsche Bank Ag\ had filed a previous 13F-HR on February 14, 2018 disclosing 97,003 shares of Hardinge, Inc. at a value of $1,688,000 USD. This represents a change in shares of 41.89 percent and a change in value of 49.29 percent during the quarter.

Other investors with positions similar to Deutsche Bank Ag\ include Royce & Associates LLC, Highland Capital Management Lp, Northern Trust Corp, Kassirer Asset Management Corp, Millennium Management Llc, and Bowling Portfolio Management LLC.

Hardinge, Inc. has declared a standard industrial code (sic) of 3541 which is the "Machine Tools, Metal Cutting Types" industry. Deutsche Bank Ag\'s top industries are "Fishing hunting and trapping" (sic 09), "Forestry" (sic 08), and "Legal Services" (sic 81).

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-03-31 13F-HR HARDINGE COM 412324303 17.86 137,637 41.89 2,520 49.29 726 106 6.31
2017-12-31 13F-HR HARDINGE COM 412324303 16.33 97,003 48.73 1,688 69.65 519 174 17.50
2017-09-30 13F-HR HARDINGE COM 412324303 13.82 65,223 26.36 995 55.71 188 168 26.29
2017-06-30 13F-HR HARDINGE COM 412324303 11.72 51,615 439.00 639 502.83 493 40 37.84
2017-03-31 13F-HR HARDINGE COM 412324303 10.98 9,576 40.93 106 43.24 31 1 1.98
2016-12-31 13F-HR HARDINGE COM 412324303 11.00 6,795 -66.16 74 -66.82 -146 -3 -1.30
2016-09-30 13F-HR HARDINGE COM 412324303 10.55 20,078 -10.88 223 -0.89 -26 24 10.60
2016-06-30 13F-HR HARDINGE COM 412324303 11.18 22,529 48.22 225 19.68 82 -45 -23.89
2016-03-31 13F-HR HARDINGE COM 412324303 8.19 15,200 6,004.42 188 18,700.00 122 65 6,451.84
2015-12-31 13F-HR HARDINGE COM 412324303 6.57 249 -96.61 1 -98.51 -47 -19 -28.94
2015-09-30 13F-HR HARDINGE COM 412324303 9.45 7,344 -65.84 67 -68.10 -134 -9 -4.44
2015-06-30 13F-HR HARDINGE COM 412324303 10.64 21,496 62.91 210 38.16 88 -30 -19.97
2015-03-31 13F-HR HARDINGE COM 412324303 11.69 13,195 -53.72 152 -55.03 -179 -7 -2.07
2014-12-31 13F-HR HARDINGE COM 412324303 11.39 28,511 193.93 338 218.87 214 18 16.71
2014-09-30 13F-HR HARDINGE COM 412324303 11.78 9,700 -87.64 106 -89.30 -810 -75 -7.56
2014-06-30 13F-HR HARDINGE COM 412324303 13.48 78,475 397.37 991 338.50 845 -80 -35.36
2014-03-31 13F-HR HARDINGE COM 412324303 15,778 226


CUSIP: 412324303