ABM Industries
214 hedge funds and large institutions have $2.25B invested in ABM Industries in 2017 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 59 increasing their positions, 86 reducing their positions, and 33 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
8% more capital invested
Capital invested by funds: $2.09B → $2.25B (+$160M)
0.57% more ownership
Funds ownership: 92.05% → 92.62% (+0.57%)
0% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 33
4% less funds holding
Funds holding: 223 → 214 (-9)
31% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 86
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$294M |
| 2 |
State Street
Boston,
Massachusetts
|
+$128M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.8M |
| 4 |
TA
Teachers Advisors
New York
|
+$12.9M |
| 5 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$6.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$30.8M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$17.6M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$15.8M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$8.81M |
| 5 |
O
OppenheimerFunds
New York
|
-$8.79M |
ABM Hedge Fund Activity: Q1 2017 in Review
214 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in ABM Industries (ABM) for Q1 2017, worth a combined $2.25B — up 7.6% from $2.09B a quarter earlier.
Fund positioning in ABM was balanced in Q1 2017: 33 funds opened new positions, 33 closed out, 59 added to existing stakes and 86 trimmed.
The largest buyer was BlackRock, adding an estimated $294M. The largest seller was Virtus Fund Advisers, cutting an estimated $30.8M.
- 214 institutional investors held ABM Industries (ABM) as of Q1 2017, down from 223 in Q4 2016.
- Funds reported $2.25B of ABM Industries stock for Q1 2017, up 7.6% quarter-over-quarter.
- 33 funds opened new ABM Industries positions in Q1 2017 and 33 closed out, a net change of 0 holders.
- The largest ABM Industries buyer in Q1 2017 was BlackRock, an estimated $294M added.
- The largest ABM Industries seller in Q1 2017 was Virtus Fund Advisers, an estimated $30.8M sold.
Based on aggregated 13F filings for Q1 2017.