ABM Industries
248 hedge funds and large institutions have $2.81B invested in ABM Industries in 2023 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 95 increasing their positions, 84 reducing their positions, and 20 closing their positions.
59% more call options, than puts
Call options by funds: $2.3M | Put options by funds: $1.45M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
20% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 20
13% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 84
11% more capital invested
Capital invested by funds: $2.53B → $2.81B (+$279M)
7.91% more ownership
Funds ownership: 86.72% → 94.63% (+7.9%)
0% more funds holding
Funds holding: 247 → 248 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$43.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$11.6M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$9.99M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$8.16M |
| 5 |
State Street
Boston,
Massachusetts
|
+$7.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$8.75M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$8.67M |
| 3 |
DS
Dudley & Shanley
Palm Beach,
Florida
|
-$5.82M |
| 4 |
Goldman Sachs
New York
|
-$5.79M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.48M |
ABM Hedge Fund Activity: Q1 2023 in Review
248 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in ABM Industries (ABM) for Q1 2023, worth a combined $2.81B — up 11% from $2.53B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new ABM positions and 20 closed out — a net gain of 4 holders — while 95 added to existing stakes and 84 trimmed.
The largest buyer was Fuller & Thaler Asset Management, opening a new position worth an estimated $43.5M. The largest seller was BlackRock, cutting an estimated $8.75M.
- 248 institutional investors held ABM Industries (ABM) as of Q1 2023, up from 247 in Q4 2022.
- Funds reported $2.81B of ABM Industries stock for Q1 2023, up 11% quarter-over-quarter.
- 24 funds opened new ABM Industries positions in Q1 2023 and 20 closed out, a net change of +4 holders.
- The largest ABM Industries buyer in Q1 2023 was Fuller & Thaler Asset Management, an estimated $43.5M added.
- The largest ABM Industries seller in Q1 2023 was BlackRock, an estimated $8.75M sold.
Based on aggregated 13F filings for Q1 2023.