Ascent Industries
ACNT
38 hedge funds and large institutions have $78M invested in Ascent Industries in 2013 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 1 closing their positions.
1,200% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 1
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
87% more capital invested
Capital invested by funds: $41.7M → $78M (+$36.3M)
46% more funds holding
Funds holding: 26 → 38 (+12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MG
Markel Group
Glen Allen,
Virginia
|
+$4.79M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$4.39M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$3.5M |
| 4 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$3.44M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$3.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$2.48M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$282K |
| 3 |
US Bancorp
Minneapolis,
Minnesota
|
-$58K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$45.5K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$5.29K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
26
Bridgeway Capital Management
Houston,
Texas
| $318K | – | – | – |
|
|
27
Northern Trust
Chicago,
Illinois
| $274K | -$45.5K | -2,847 | -15% |
|
|
BFA
28
BlackRock Fund Advisors
San Francisco,
California
| $270K | +$20.7K | +1,296 | +9% |
|
29
Geode Capital Management
Boston,
Massachusetts
| $198K | – | – | – |
|
30
LSV Asset Management
Chicago,
Illinois
| $178K | – | – | – |
|
|
U
31
UBS
Zurich,
Switzerland
| $28K | +$25.5K | +1,593 | +1,207% |
|
|
BA
32
BlackRock Advisors
Wilmington,
Delaware
| $20K | – | – | – |
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| $16K | -$2.3K | -144 | -13% |
|
|
NFA
34
Nationwide Fund Advisors
Columbus,
Ohio
| $7K | – | – | – |
|
35
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $3K | +$3.2K | +200 | New |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| $2K | -$5.29K | -331 | -74% |
|
37
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $2 | +$2.38K | +149 | New |
|
|
38
Wellington Management Group
Boston,
Massachusetts
| – | -$282K | -18,129 | Closed |
|
ACNT Hedge Fund Activity: Q3 2013 in Review
38 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Ascent Industries (ACNT) for Q3 2013, worth a combined $78M — up 87% from $41.7M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ACNT positions and 1 closed out — a net gain of 12 holders — while 13 added to existing stakes and 5 trimmed.
The largest buyer was Markel Group, adding an estimated $4.79M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $2.48M.
- 38 institutional investors held Ascent Industries (ACNT) as of Q3 2013, up from 26 in Q2 2013.
- Funds reported $78M of Ascent Industries stock for Q3 2013, up 87% quarter-over-quarter.
- 13 funds opened new Ascent Industries positions in Q3 2013 and 1 closed out, a net change of +12 holders.
- The largest Ascent Industries buyer in Q3 2013 was Markel Group, an estimated $4.79M added.
- The largest Ascent Industries seller in Q3 2013 was DePrince Race & Zollo Inc (DRZ), an estimated $2.48M sold.
Based on aggregated 13F filings for Q3 2013.