ABM Industries
303 hedge funds and large institutions have $2.62B invested in ABM Industries in 2024 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 112 increasing their positions, 100 reducing their positions, and 39 closing their positions.
91% more call options, than puts
Call options by funds: $3.9M | Put options by funds: $2.04M
33% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 39
12% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 100
4% more funds holding
Funds holding: 291 → 303 (+12)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less capital invested
Capital invested by funds: $2.65B → $2.62B (-$26.9M)
1.13% less ownership
Funds ownership: 94.08% → 92.94% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$16.6M |
| 2 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$12.9M |
| 3 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$9.46M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$8.47M |
| 5 |
Man Group
London,
United Kingdom
|
+$7.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
-$44.1M |
| 2 |
BlackRock
New York
|
-$22.4M |
| 3 |
Morgan Stanley
New York
|
-$18.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$13.2M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$7.09M |
ABM Hedge Fund Activity: Q1 2024 in Review
303 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in ABM Industries (ABM) for Q1 2024, worth a combined $2.62B — down 1% from $2.65B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new ABM positions and 39 closed out — a net gain of 13 holders — while 112 added to existing stakes and 100 trimmed.
The largest buyer was LSV Asset Management, opening a new position worth an estimated $16.6M. The largest seller was Copeland Capital Management, cutting an estimated $44.1M.
- 303 institutional investors held ABM Industries (ABM) as of Q1 2024, up from 291 in Q4 2023.
- Funds reported $2.62B of ABM Industries stock for Q1 2024, down 1% quarter-over-quarter.
- 52 funds opened new ABM Industries positions in Q1 2024 and 39 closed out, a net change of +13 holders.
- The largest ABM Industries buyer in Q1 2024 was LSV Asset Management, an estimated $16.6M added.
- The largest ABM Industries seller in Q1 2024 was Copeland Capital Management, an estimated $44.1M sold.
Based on aggregated 13F filings for Q1 2024.