ABM Industries
291 hedge funds and large institutions have $3.03B invested in ABM Industries in 2024 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 94 increasing their positions, 116 reducing their positions, and 44 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
44% more call options, than puts
Call options by funds: $7.72M | Put options by funds: $5.36M
16% more capital invested
Capital invested by funds: $2.62B → $3.03B (+$408M)
2.61% more ownership
Funds ownership: 92.95% → 95.55% (+2.6%)
4% less funds holding
Funds holding: 303 → 291 (-12)
18% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 44
19% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 116
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$115M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$45.7M |
| 3 |
Pzena Investment Management
New York
|
+$19.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$18.7M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$33.7M |
| 2 |
Millennium Management
New York
|
-$23.6M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$19M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$13.7M |
| 5 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$11.1M |
ABM Hedge Fund Activity: Q2 2024 in Review
291 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in ABM Industries (ABM) for Q2 2024, worth a combined $3.03B — up 16% from $2.62B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of ABM and 36 opened new positions — a net loss of 8 holders — while 116 trimmed existing stakes and 94 added.
The largest buyer was Pacer Advisors, opening a new position worth an estimated $115M. The largest seller was Morgan Stanley, cutting an estimated $33.7M.
- 291 institutional investors held ABM Industries (ABM) as of Q2 2024, down from 303 in Q1 2024.
- Funds reported $3.03B of ABM Industries stock for Q2 2024, up 16% quarter-over-quarter.
- 36 funds opened new ABM Industries positions in Q2 2024 and 44 closed out, a net change of -8 holders.
- The largest ABM Industries buyer in Q2 2024 was Pacer Advisors, an estimated $115M added.
- The largest ABM Industries seller in Q2 2024 was Morgan Stanley, an estimated $33.7M sold.
Based on aggregated 13F filings for Q2 2024.