Ascent Industries
ACNT
35 hedge funds and large institutions have $71.7M invested in Ascent Industries in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 6 reducing their positions, and 7 closing their positions.
183% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 6
4% less capital invested
Capital invested by funds: $74.9M → $71.7M (-$3.17M)
8% less funds holding
Funds holding: 38 → 35 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$1.18M |
| 2 |
RA
Royce & Associates
New York
|
+$1.01M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$953K |
| 4 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
+$885K |
| 5 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
+$597K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$2.81M |
| 2 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$1.19M |
| 3 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
-$352K |
| 4 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$245K |
| 5 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$106K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $114K | -$68K | -4,644 | -37% |
|
27
Wells Fargo
San Francisco,
California
| $48K | +$36.9K | +2,522 | +311% |
|
|
BA
28
BlackRock Advisors
Wilmington,
Delaware
| $31K | +$5.4K | +369 | +21% |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $14K | – | – | – |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $9K | -$3.89K | -266 | -31% |
|
31
Barclays
London,
United Kingdom
| $8K | -$19.1K | -1,308 | -69% |
|
|
NFA
32
Nationwide Fund Advisors
Columbus,
Ohio
| $6K | – | – | – |
|
|
U
33
UBS
Zurich,
Switzerland
| $2K | +$2.05K | +140 | New |
|
34
BNP Paribas Financial Markets
Paris,
France
| $124 | – | – | – |
|
35
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $9 | – | – | – |
|
|
36
Lord, Abbett & Co
Jersey City,
New Jersey
| – | -$2.81M | -182,609 | Closed |
|
|
CCM
37
Cadence Capital Management
Boston,
Massachusetts
| – | -$1.19M | -77,517 | Closed |
|
|
SC
38
Skylands Capital
Milwaukee,
Wisconsin
| – | -$352K | -22,924 | Closed |
|
39
Axa
Paris,
France
| – | -$49K | -3,200 | Closed |
|
40
Bank of America
Charlotte,
North Carolina
| – | -$1K | -40 | Closed |
|
ACNT Hedge Fund Activity: Q1 2014 in Review
35 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Ascent Industries (ACNT) for Q1 2014, worth a combined $71.7M — down 4.2% from $74.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ACNT and 4 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 17 added.
The largest buyer was THB Asset Management, adding an estimated $1.18M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $2.81M sold.
- 35 institutional investors held Ascent Industries (ACNT) as of Q1 2014, down from 38 in Q4 2013.
- Funds reported $71.7M of Ascent Industries stock for Q1 2014, down 4.2% quarter-over-quarter.
- 4 funds opened new Ascent Industries positions in Q1 2014 and 7 closed out, a net change of -3 holders.
- The largest Ascent Industries buyer in Q1 2014 was THB Asset Management, an estimated $1.18M added.
- The largest Ascent Industries seller in Q1 2014 was Lord, Abbett & Co, an estimated $2.81M sold.
Based on aggregated 13F filings for Q1 2014.