ABM Industries
208 hedge funds and large institutions have $1.85B invested in ABM Industries in 2016 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 71 increasing their positions, 71 reducing their positions, and 28 closing their positions.
15% more capital invested
Capital invested by funds: $1.61B → $1.85B (+$243M)
1.36% more ownership
Funds ownership: 89.54% → 90.9% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 71
3% less funds holding
Funds holding: 214 → 208 (-6)
14% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Daruma Capital Management
New York
|
+$30.7M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$26.4M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$20.9M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$9.72M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$7.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$31.8M |
| 2 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
-$14.5M |
| 3 |
GAM
Gotham Asset Management
New York
|
-$8.67M |
| 4 |
Renaissance Technologies
New York
|
-$7.72M |
| 5 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$7.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MC
226
Moors & Cabot
Boston,
Massachusetts
| – | -$274K | -8,542 | Closed |
|
227
Allianz Asset Management
Munich,
Germany
| – | -$250K | -7,759 | Closed |
|
|
BCM
228
Bayesian Capital Management
Brooklyn,
New York
| – | -$204K | -6,300 | Closed |
|
|
CMBA
229
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$188K | -5,820 | Closed |
|
230
SG Americas Securities
New York
| – | -$109K | -3,360 | Closed |
|
|
BGIM
231
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$109K | -3,349 | Closed |
|
232
Envestnet Asset Management
Chicago,
Illinois
| – | -$58K | -1,808 | Closed |
|
|
GS
233
GAM Systematic
Cambridge,
United Kingdom
| – | -$37K | -1,130 | Closed |
|
|
ASN
234
Advisory Services Network
Atlanta,
Georgia
| – | -$4K | -113 | Closed |
|
|
CHP
235
Cable Hill Partners
Portland,
Oregon
| – | -$3K | -76 | Closed |
|
ABM Hedge Fund Activity: Q2 2016 in Review
208 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in ABM Industries (ABM) for Q2 2016, worth a combined $1.85B — up 15% from $1.61B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of ABM and 24 opened new positions — a net loss of 4 holders — while 71 trimmed existing stakes and 71 added.
The largest buyer was Daruma Capital Management, opening a new position worth an estimated $30.7M. The largest seller was Bank of America, cutting an estimated $31.8M.
- 208 institutional investors held ABM Industries (ABM) as of Q2 2016, down from 214 in Q1 2016.
- Funds reported $1.85B of ABM Industries stock for Q2 2016, up 15% quarter-over-quarter.
- 24 funds opened new ABM Industries positions in Q2 2016 and 28 closed out, a net change of -4 holders.
- The largest ABM Industries buyer in Q2 2016 was Daruma Capital Management, an estimated $30.7M added.
- The largest ABM Industries seller in Q2 2016 was Bank of America, an estimated $31.8M sold.
Based on aggregated 13F filings for Q2 2016.