Acco Brands
ACCO
176 hedge funds and large institutions have $712M invested in Acco Brands in 2014 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 52 increasing their positions, 52 reducing their positions, and 21 closing their positions.
1,328% more call options, than puts
Call options by funds: $357K | Put options by funds: $25K
19% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 21
2% more funds holding
Funds holding: 173 → 176 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 52
1.8% less ownership
Funds ownership: 103.1% → 101.3% (-1.8%)
10% less capital invested
Capital invested by funds: $787M → $712M (-$75.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brigade Capital Management
New York
|
+$12.3M |
| 2 |
CII
CR Intrinsic Investors
Stamford,
Connecticut
|
+$4.27M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$4.08M |
| 4 |
IMIM
Irving Magee Investment Management
Conshohocken,
Pennsylvania
|
+$3.62M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
Tocqueville Asset Management
New York
|
-$12.8M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$8.26M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$6.92M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.24M |
| 5 |
JP Morgan Chase
New York
|
-$4.16M |
ACCO Hedge Fund Activity: Q1 2014 in Review
176 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Acco Brands (ACCO) for Q1 2014, worth a combined $712M — down 9.6% from $787M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new ACCO positions and 21 closed out — a net gain of 4 holders — while 52 added to existing stakes and 52 trimmed.
The largest buyer was Brigade Capital Management, opening a new position worth an estimated $12.3M. The largest seller was Tocqueville Asset Management, cutting an estimated $12.8M.
- 176 institutional investors held Acco Brands (ACCO) as of Q1 2014, up from 173 in Q4 2013.
- Funds reported $712M of Acco Brands stock for Q1 2014, down 9.6% quarter-over-quarter.
- 25 funds opened new Acco Brands positions in Q1 2014 and 21 closed out, a net change of +4 holders.
- The largest Acco Brands buyer in Q1 2014 was Brigade Capital Management, an estimated $12.3M added.
- The largest Acco Brands seller in Q1 2014 was Tocqueville Asset Management, an estimated $12.8M sold.
Based on aggregated 13F filings for Q1 2014.