Acco Brands
ACCO
207 hedge funds and large institutions have $949M invested in Acco Brands in 2014 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 66 increasing their positions, 57 reducing their positions, and 32 closing their positions.
41% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 32
26% more capital invested
Capital invested by funds: $751M → $949M (+$198M)
16% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 57
6% more funds holding
Funds holding: 196 → 207 (+11)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.25% less ownership
Funds ownership: 95.19% → 93.94% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$12.5M |
| 2 |
Morgan Stanley
New York
|
+$12.3M |
| 3 |
GAM
Gotham Asset Management
New York
|
+$10.7M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$10.5M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$40.3M |
| 2 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$28.4M |
| 3 |
BCM
Brigade Capital Management
New York
|
-$13.8M |
| 4 |
Lazard Asset Management
New York
|
-$9.19M |
| 5 |
LAM
Lapides Asset Management
Greenwich,
Connecticut
|
-$8.81M |
ACCO Hedge Fund Activity: Q4 2014 in Review
207 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Acco Brands (ACCO) for Q4 2014, worth a combined $949M — up 26% from $751M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new ACCO positions and 32 closed out — a net gain of 13 holders — while 66 added to existing stakes and 57 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $12.5M. The largest seller was Fidelity Investments, exiting entirely with an estimated $40.3M sold.
- 207 institutional investors held Acco Brands (ACCO) as of Q4 2014, up from 196 in Q3 2014.
- Funds reported $949M of Acco Brands stock for Q4 2014, up 26% quarter-over-quarter.
- 45 funds opened new Acco Brands positions in Q4 2014 and 32 closed out, a net change of +13 holders.
- The largest Acco Brands buyer in Q4 2014 was JP Morgan Chase, an estimated $12.5M added.
- The largest Acco Brands seller in Q4 2014 was Fidelity Investments, an estimated $40.3M sold.
Based on aggregated 13F filings for Q4 2014.