ABM Industries
222 hedge funds and large institutions have $2.09B invested in ABM Industries in 2016 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 74 increasing their positions, 72 reducing their positions, and 25 closing their positions.
60% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 25
6% more funds holding
Funds holding: 209 → 222 (+13)
6% more capital invested
Capital invested by funds: $1.98B → $2.09B (+$110M)
1.73% more ownership
Funds ownership: 90.32% → 92.05% (+1.7%)
3% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 72
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gemmer Asset Management
Walnut Creek,
California
|
+$24.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.6M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$19.1M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$14.2M |
| 5 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$34.9M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$30.3M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$26.8M |
| 4 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$18.8M |
| 5 |
MPAM
Monarch Partners Asset Management
Boston,
Massachusetts
|
-$14.5M |
ABM Hedge Fund Activity: Q4 2016 in Review
222 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in ABM Industries (ABM) for Q4 2016, worth a combined $2.09B — up 5.6% from $1.98B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new ABM positions and 25 closed out — a net gain of 15 holders — while 74 added to existing stakes and 72 trimmed.
The largest buyer was Gemmer Asset Management, opening a new position worth an estimated $24.6M. The largest seller was Capital Research Global Investors, cutting an estimated $34.9M.
- 222 institutional investors held ABM Industries (ABM) as of Q4 2016, up from 209 in Q3 2016.
- Funds reported $2.09B of ABM Industries stock for Q4 2016, up 5.6% quarter-over-quarter.
- 40 funds opened new ABM Industries positions in Q4 2016 and 25 closed out, a net change of +15 holders.
- The largest ABM Industries buyer in Q4 2016 was Gemmer Asset Management, an estimated $24.6M added.
- The largest ABM Industries seller in Q4 2016 was Capital Research Global Investors, an estimated $34.9M sold.
Based on aggregated 13F filings for Q4 2016.