ABM Industries
291 hedge funds and large institutions have $2.65B invested in ABM Industries in 2023 Q4 according to their latest regulatory filings, with 62 funds opening new positions, 81 increasing their positions, 112 reducing their positions, and 16 closing their positions.
288% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 16
121% more call options, than puts
Call options by funds: $5.99M | Put options by funds: $2.71M
18% more funds holding
Funds holding: 246 → 291 (+45)
13% more capital invested
Capital invested by funds: $2.35B → $2.65B (+$305M)
4.67% more ownership
Funds ownership: 89.41% → 94.08% (+4.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
28% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 112
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$59.1M |
| 2 |
BlackRock
New York
|
+$19.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$13.8M |
| 4 |
Man Group
London,
United Kingdom
|
+$13M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$6.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$32.2M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$31.3M |
| 3 |
BAMF
BI Asset Management Fondsmaeglerselskab
Kobenhavn,
Denmark
|
-$20.1M |
| 4 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
-$13.9M |
| 5 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$13.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IFU
301
iSAM Funds (UK)
London,
United Kingdom
| – | -$234K | -5,860 | Closed |
|
|
BFM
302
Boothbay Fund Management
New York
| – | -$210K | -5,249 | Closed |
|
303
Allspring Global Investments
Charlotte,
North Carolina
| – | -$112K | -2,793 | Closed |
|
304
AssetMark Inc
Concord,
California
| – | -$11.7K | -292 | Closed |
|
|
HNB
305
Huntington National Bank
Columbus,
Ohio
| – | -$1.44K | -36 | Closed |
|
|
WT
306
Washington Trust
Westerly,
Rhode Island
| – | -$1.28K | -32 | Closed |
|
|
AWM
307
Abound Wealth Management
Franklin,
Tennessee
| – | -$321 | -8 | Closed |
|
ABM Hedge Fund Activity: Q4 2023 in Review
291 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in ABM Industries (ABM) for Q4 2023, worth a combined $2.65B — up 13% from $2.35B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new ABM positions and 16 closed out — a net gain of 46 holders — while 81 added to existing stakes and 112 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $59.1M. The largest seller was Victory Capital Management, cutting an estimated $32.2M.
- 291 institutional investors held ABM Industries (ABM) as of Q4 2023, up from 246 in Q3 2023.
- Funds reported $2.65B of ABM Industries stock for Q4 2023, up 13% quarter-over-quarter.
- 62 funds opened new ABM Industries positions in Q4 2023 and 16 closed out, a net change of +46 holders.
- The largest ABM Industries buyer in Q4 2023 was Morgan Stanley, an estimated $59.1M added.
- The largest ABM Industries seller in Q4 2023 was Victory Capital Management, an estimated $32.2M sold.
Based on aggregated 13F filings for Q4 2023.