ABM Industries
177 hedge funds and large institutions have $1.33B invested in ABM Industries in 2013 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 67 increasing their positions, 54 reducing their positions, and 20 closing their positions.
70% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 20
24% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 54
10% more capital invested
Capital invested by funds: $1.21B → $1.33B (+$119M)
9% more funds holding
Funds holding: 163 → 177 (+14)
1.24% more ownership
Funds ownership: 82.2% → 83.44% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$30.7M |
| 2 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$13M |
| 3 |
JP Morgan Chase
New York
|
+$11.2M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$7.15M |
| 5 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$6.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cambiar Investors
Denver,
Colorado
|
-$33.5M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$16.5M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$13.9M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$11.7M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$10.3M |
ABM Hedge Fund Activity: Q4 2013 in Review
177 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in ABM Industries (ABM) for Q4 2013, worth a combined $1.33B — up 9.8% from $1.21B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new ABM positions and 20 closed out — a net gain of 14 holders — while 67 added to existing stakes and 54 trimmed.
The largest buyer was Systematic Financial Management, adding an estimated $30.7M. The largest seller was Cambiar Investors, exiting entirely with an estimated $33.5M sold.
- 177 institutional investors held ABM Industries (ABM) as of Q4 2013, up from 163 in Q3 2013.
- Funds reported $1.33B of ABM Industries stock for Q4 2013, up 9.8% quarter-over-quarter.
- 34 funds opened new ABM Industries positions in Q4 2013 and 20 closed out, a net change of +14 holders.
- The largest ABM Industries buyer in Q4 2013 was Systematic Financial Management, an estimated $30.7M added.
- The largest ABM Industries seller in Q4 2013 was Cambiar Investors, an estimated $33.5M sold.
Based on aggregated 13F filings for Q4 2013.