Ascent Industries
ACNT
37 hedge funds and large institutions have $50.3M invested in Ascent Industries in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
10% more capital invested
Capital invested by funds: $45.7M → $50.3M (+$4.61M)
0.82% less ownership
Funds ownership: 48.16% → 47.33% (-0.82%)
5% less funds holding
Funds holding: 39 → 37 (-2)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.69M |
| 2 |
2L
22NW LP
Seattle,
Washington
|
+$348K |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$53.6K |
| 4 |
RA
Royce & Associates
New York
|
+$43.3K |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$35.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
-$819K |
| 2 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$145K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$112K |
| 4 |
Renaissance Technologies
New York
|
-$101K |
| 5 |
AIM
Acrospire Investment Management
Chicago,
Illinois
|
-$73.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
DZ Bank
Frankfurt Am Main,
Germany
| $38K | +$35.4K | +3,103 | New |
|
|
TDC
27
Thompson Davis & Co
Richmond,
Virginia
| $34K | +$31.3K | +2,750 | New |
|
28
Wells Fargo
San Francisco,
California
| $19K | – | – | – |
|
|
AIM
29
Acrospire Investment Management
Chicago,
Illinois
| $15K | -$73.6K | -6,461 | -84% |
|
30
Acadian Asset Management
Boston,
Massachusetts
| $13K | -$9.41K | -826 | -43% |
|
|
TWA
31
TCI Wealth Advisors
Tucson,
Arizona
| $8K | – | – | – |
|
32
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $7K | – | – | – |
|
|
NFA
33
Nationwide Fund Advisors
Columbus,
Ohio
| $5K | – | – | – |
|
|
AG
34
Advisor Group
Phoenix,
Arizona
| $1K | – | – | – |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| $1K | +$467 | +41 | +111% |
|
36
Walleye Trading
New York
| $4 | – | – | – |
|
|
PG
37
PEAK6 Group
Chicago,
Illinois
| – | -$145K | -13,255 | Closed |
|
|
CG
38
Cutler Group
San Francisco,
California
| – | -$8K | -735 | Closed |
|
39
Bank of America
Charlotte,
North Carolina
| – | +$205 | +18 | New |
|
ACNT Hedge Fund Activity: Q1 2017 in Review
37 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Ascent Industries (ACNT) for Q1 2017, worth a combined $50.3M — up 10% from $45.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ACNT positions and 3 closed out — a net gain of 2 holders — while 8 added to existing stakes and 11 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $1.69M. The largest seller was Morgan Dempsey Capital Management, cutting an estimated $819K.
- 37 institutional investors held Ascent Industries (ACNT) as of Q1 2017, down from 39 in Q4 2016.
- Funds reported $50.3M of Ascent Industries stock for Q1 2017, up 10% quarter-over-quarter.
- 5 funds opened new Ascent Industries positions in Q1 2017 and 3 closed out, a net change of +2 holders.
- The largest Ascent Industries buyer in Q1 2017 was BlackRock, an estimated $1.69M added.
- The largest Ascent Industries seller in Q1 2017 was Morgan Dempsey Capital Management, an estimated $819K sold.
Based on aggregated 13F filings for Q1 2017.