ABM Industries
195 hedge funds and large institutions have $2.59B invested in ABM Industries in 2017 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 67 increasing their positions, 68 reducing their positions, and 28 closing their positions.
537% more capital inflows, than outflows
Capital inflows: $593M | Capital outflows: $93M
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
3.17% more ownership
Funds ownership: 92.1% → 95.27% (+3.2%)
1% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 68
5% less funds holding
Funds holding: 205 → 195 (-10)
21% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
THLTP
Thomas H. Lee (THL) Partners
Boston,
Massachusetts
|
+$193M |
| 2 |
Goldman Sachs
New York
|
+$186M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$26.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$24.1M |
| 5 |
Vaughan Nelson Investment Management
Houston,
Texas
|
+$20.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$9.6M |
| 2 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$9.17M |
| 3 |
Royce & Associates
New York
|
-$7.58M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.97M |
| 5 |
Keeley-Teton Advisors
Chicago,
Illinois
|
-$5.84M |
ABM Hedge Fund Activity: Q3 2017 in Review
195 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in ABM Industries (ABM) for Q3 2017, worth a combined $2.59B — up 21% from $2.13B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of ABM and 22 opened new positions — a net loss of 6 holders — while 68 trimmed existing stakes and 67 added.
The largest buyer was Thomas H. Lee (THL) Partners, opening a new position worth an estimated $193M. The largest seller was Millennium Management, cutting an estimated $9.6M.
- 195 institutional investors held ABM Industries (ABM) as of Q3 2017, down from 205 in Q2 2017.
- Funds reported $2.59B of ABM Industries stock for Q3 2017, up 21% quarter-over-quarter.
- 22 funds opened new ABM Industries positions in Q3 2017 and 28 closed out, a net change of -6 holders.
- The largest ABM Industries buyer in Q3 2017 was Thomas H. Lee (THL) Partners, an estimated $193M added.
- The largest ABM Industries seller in Q3 2017 was Millennium Management, an estimated $9.6M sold.
Based on aggregated 13F filings for Q3 2017.