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ABM Industries
ABM

263 hedge funds and large institutions have $2.59B invested in ABM Industries in 2023 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 79 increasing their positions, 95 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

90% more call options, than puts

Call options by funds: $2.21M | Put options by funds: $1.16M

57% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 28

6% more funds holding

Funds holding: 247 → 263 (+16)

2.57% less ownership

Funds ownership: 94.62% → 92.05% (-2.6%)

8% less capital invested

Capital invested by funds: $2.81B → $2.59B (-$217M)

17% less repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 95

67% less funds holding in top 10

Funds holding in top 10: 3 → 1 (-2)

Holders
263
Holders Change
+16
Holders Change %
+6.48%
% of All Funds
4.13%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
44
Increased
79
Reduced
95
Closed
28
Calls
$2.21M
Puts
$1.16M
Net Calls
+$1.04M
Net Calls Change
+$195K

Top Buyers

1
Harris Associates
Harris Associates
Illinois
+$14.7M
2
Invesco
Invesco
Georgia
+$13.2M
3
CSS
Cubist Systematic Strategies
Connecticut
+$8.07M
4
Adage Capital Partners
Adage Capital Partners
Massachusetts
+$6.5M
5
Millennium Management
Millennium Management
New York
+$6.04M

Top Sellers

1
Goldman Sachs
Goldman Sachs
New York
-$42.9M
2
Boston Partners
Boston Partners
Massachusetts
-$34.4M
3
Victory Capital Management
Victory Capital Management
Texas
-$29.5M
4
N
Nuveen
North Carolina
-$9.79M
5
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$9.44M
Name Holding Trade Value Shares
Change 		Change in
Stake
PA
276
Profund Advisors
Maryland
– -$204K -4,543 Closed
BRWA
277
B. Riley Wealth Advisors
Florida
– -$200K -4,453 Closed
PI
278
PEAK6 Investments
Illinois
– -$144K -3,201 Closed
MFG
279
Mendota Financial Group
Wisconsin
– -$98.2K -2,132 Closed
Cerity Partners
280
Cerity Partners
New York
– -$932K -1,970 Closed
SOW
281
State of Wyoming
Wyoming
– -$58K -1,291 Closed
Walleye Trading
282
Walleye Trading
New York
– -$51.3K -1,183 Closed
BAM
283
Belpointe Asset Management
Nevada
– -$23.1K -515 Closed
CA
284
Crewe Advisors
Utah
– -$16.1K -358 Closed
CIM
285
Contravisory Investment Management
Massachusetts
– -$15.1K -336 Closed
TWA
286
TCI Wealth Advisors
Arizona
– -$7.01K -156 Closed
SFG
287
Steward Financial Group
Texas
– -$2K -52 Closed
BTI
288
Blue Trust Inc
Georgia
– -$2K -45 Closed
SC
289
Schubert & Co
Texas
– -$1.39K -31 Closed
EI
290
Ellevest Inc
New York
– -$1.03K -23 Closed
Comerica Bank
291
Comerica Bank
Texas
– +$8.63M +199,064 New
8 9 10 11
12

ABM Hedge Fund Activity: Q2 2023 in Review

263 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in ABM Industries (ABM) for Q2 2023, worth a combined $2.59B — down 7.7% from $2.81B a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new ABM positions and 28 closed out — a net gain of 16 holders — while 79 added to existing stakes and 95 trimmed.

The largest buyer was Harris Associates, adding an estimated $14.7M. The largest seller was Goldman Sachs, cutting an estimated $42.9M.

  • 263 institutional investors held ABM Industries (ABM) as of Q2 2023, up from 247 in Q1 2023.
  • Funds reported $2.59B of ABM Industries stock for Q2 2023, down 7.7% quarter-over-quarter.
  • 44 funds opened new ABM Industries positions in Q2 2023 and 28 closed out, a net change of +16 holders.
  • The largest ABM Industries buyer in Q2 2023 was Harris Associates, an estimated $14.7M added.
  • The largest ABM Industries seller in Q2 2023 was Goldman Sachs, an estimated $42.9M sold.

Based on aggregated 13F filings for Q2 2023.