Ascent Industries
ACNT
34 hedge funds and large institutions have $87.8M invested in Ascent Industries in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 3 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
5% more capital invested
Capital invested by funds: $83.3M → $87.8M (+$4.52M)
6% less funds holding
Funds holding: 36 → 34 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$282K |
| 2 |
Morgan Stanley
New York
|
+$134K |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$114K |
| 4 |
RAM
Redmond Asset Management
Henrico,
Virginia
|
+$99.8K |
| 5 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
+$78.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
-$475K |
| 2 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
-$442K |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$136K |
| 4 |
RA
Royce & Associates
New York
|
-$131K |
| 5 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$39.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BIM
26
BlackRock Investment Management
Wilmington,
Delaware
| $24K | -$2.98K | -174 | -11% |
|
|
U
27
UBS
Zurich,
Switzerland
| $22K | +$22K | +1,286 | New |
|
|
AIG
28
American International Group
New York
| $19.1K | +$1.71K | +100 | +10% |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $17K | – | – | – |
|
30
Wells Fargo
San Francisco,
California
| $14K | – | – | – |
|
|
NFA
31
Nationwide Fund Advisors
Columbus,
Ohio
| $7K | – | – | – |
|
|
GSC
32
Ground Swell Capital
Folly Beach,
South Carolina
| $2K | +$68 | +4 | +4% |
|
33
Envestnet Asset Management
Chicago,
Illinois
| $1K | – | – | – |
|
34
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $8 | -$2.19K | -128 | -21% |
|
|
ZIM
35
ZPR Investment Management
Orange City,
Florida
| – | -$475K | -28,898 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$9K | -564 | Closed |
|
37
BNP Paribas Financial Markets
Paris,
France
| – | -$131 | -8 | Closed |
|
ACNT Hedge Fund Activity: Q3 2014 in Review
34 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Ascent Industries (ACNT) for Q3 2014, worth a combined $87.8M — up 5.4% from $83.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ACNT and 1 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 14 added.
The largest buyer was THB Asset Management, adding an estimated $282K. The largest seller was ZPR Investment Management, exiting entirely with an estimated $475K sold.
- 34 institutional investors held Ascent Industries (ACNT) as of Q3 2014, down from 36 in Q2 2014.
- Funds reported $87.8M of Ascent Industries stock for Q3 2014, up 5.4% quarter-over-quarter.
- 1 fund opened new Ascent Industries positions in Q3 2014 and 3 closed out, a net change of -2 holders.
- The largest Ascent Industries buyer in Q3 2014 was THB Asset Management, an estimated $282K added.
- The largest Ascent Industries seller in Q3 2014 was ZPR Investment Management, an estimated $475K sold.
Based on aggregated 13F filings for Q3 2014.