ABM Industries
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.
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)
Top Buyers
| 1 |
Harris Associates
Chicago,
Illinois
|
+$14.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$13.2M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$8.07M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$6.5M |
| 5 |
Millennium Management
New York
|
+$6.04M |
Top Sellers
| 1 |
Goldman Sachs
New York
|
-$42.9M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$34.4M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$29.5M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$9.79M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$9.44M |
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.