ABM Industries
163 hedge funds and large institutions have $1.21B invested in ABM Industries in 2013 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 66 increasing their positions, 48 reducing their positions, and 11 closing their positions.
127% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 11
38% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 48
13% more capital invested
Capital invested by funds: $1.07B → $1.21B (+$138M)
9% more funds holding
Funds holding: 150 → 163 (+13)
2.57% more ownership
Funds ownership: 79.63% → 82.2% (+2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$23.8M |
| 2 |
JP Morgan Chase
New York
|
+$9.69M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.9M |
| 4 |
Morgan Stanley
New York
|
+$6.47M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$29.3M |
| 2 |
KeyBank National Association
Cleveland,
Ohio
|
-$15.2M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$6.48M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$5.4M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$4.11M |
ABM Hedge Fund Activity: Q3 2013 in Review
163 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in ABM Industries (ABM) for Q3 2013, worth a combined $1.21B — up 13% from $1.07B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new ABM positions and 11 closed out — a net gain of 14 holders — while 66 added to existing stakes and 48 trimmed.
The largest buyer was Schroder Investment Management Group, opening a new position worth an estimated $23.8M. The largest seller was Champlain Investment Partners, exiting entirely with an estimated $29.3M sold.
- 163 institutional investors held ABM Industries (ABM) as of Q3 2013, up from 150 in Q2 2013.
- Funds reported $1.21B of ABM Industries stock for Q3 2013, up 13% quarter-over-quarter.
- 25 funds opened new ABM Industries positions in Q3 2013 and 11 closed out, a net change of +14 holders.
- The largest ABM Industries buyer in Q3 2013 was Schroder Investment Management Group, an estimated $23.8M added.
- The largest ABM Industries seller in Q3 2013 was Champlain Investment Partners, an estimated $29.3M sold.
Based on aggregated 13F filings for Q3 2013.