ABM Industries
216 hedge funds and large institutions have $2.29B invested in ABM Industries in 2020 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 68 increasing their positions, 80 reducing their positions, and 22 closing their positions.
161% more call options, than puts
Call options by funds: $4.99M | Put options by funds: $1.91M
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
91% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 22
43% more capital invested
Capital invested by funds: $1.6B → $2.29B (+$686M)
9% more funds holding
Funds holding: 198 → 216 (+18)
4.12% less ownership
Funds ownership: 98.72% → 94.59% (-4.1%)
15% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 80
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$25.3M |
| 2 |
MWNA
Marshall Wace North America
New York
|
+$7.11M |
| 3 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$5.11M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$4.63M |
| 5 |
PVI
Pura Vida Investments
New York
|
+$4.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$46.8M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$42.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.5M |
| 4 |
Millennium Management
New York
|
-$9.67M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$6.91M |
ABM Hedge Fund Activity: Q2 2020 in Review
216 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in ABM Industries (ABM) for Q2 2020, worth a combined $2.29B — up 43% from $1.6B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new ABM positions and 22 closed out — a net gain of 20 holders — while 68 added to existing stakes and 80 trimmed.
The largest buyer was State Street, adding an estimated $25.3M. The largest seller was Fidelity Investments, cutting an estimated $46.8M.
- 216 institutional investors held ABM Industries (ABM) as of Q2 2020, up from 198 in Q1 2020.
- Funds reported $2.29B of ABM Industries stock for Q2 2020, up 43% quarter-over-quarter.
- 42 funds opened new ABM Industries positions in Q2 2020 and 22 closed out, a net change of +20 holders.
- The largest ABM Industries buyer in Q2 2020 was State Street, an estimated $25.3M added.
- The largest ABM Industries seller in Q2 2020 was Fidelity Investments, an estimated $46.8M sold.
Based on aggregated 13F filings for Q2 2020.