Ascent Industries
ACNT
30 hedge funds and large institutions have $16.4M invested in Ascent Industries in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 15 reducing their positions, and 7 closing their positions.
2.41% less ownership
Funds ownership: 35.27% → 32.86% (-2.4%)
17% less funds holding
Funds holding: 36 → 30 (-6)
31% less capital invested
Capital invested by funds: $23.9M → $16.4M (-$7.47M)
73% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 15
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$42.2K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.46K |
| 3 |
BlackRock
New York
|
+$915 |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$677 |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$183 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$596K |
| 2 |
RA
Royce & Associates
New York
|
-$219K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$150K |
| 4 |
Renaissance Technologies
New York
|
-$124K |
| 5 |
Millennium Management
New York
|
-$101K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAM
26
Panagora Asset Management
Boston,
Massachusetts
| $1K | -$1.39K | -205 | -47% |
|
|
ASN
27
Advisory Services Network
Atlanta,
Georgia
| $1K | +$677 | +100 | New |
|
|
CT
28
Caldwell Trust
Venice,
Florida
| $828 | – | – | – |
|
|
RJA
29
Raymond James & Associates
St Petersburg,
Florida
| – | -$150K | -20,000 | Closed |
|
|
30
Millennium Management
New York
| – | -$101K | -13,531 | Closed |
|
|
PP
31
Paloma Partners
Greenwich,
Connecticut
| – | -$98K | -13,097 | Closed |
|
|
RC
32
RBF Capital
San Francisco,
California
| – | -$75K | -10,000 | Closed |
|
33
Barclays
London,
United Kingdom
| – | -$17K | -2,260 | Closed |
|
34
JP Morgan Chase
New York
| – | -$3.53K | -521 | -97% |
|
|
TWA
35
TCI Wealth Advisors
Tucson,
Arizona
| – | -$1K | -173 | Closed |
|
|
36
UBS Group
Zurich,
Switzerland
| – | +$183 | +27 | +22% |
|
ACNT Hedge Fund Activity: Q3 2020 in Review
30 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Ascent Industries (ACNT) for Q3 2020, worth a combined $16.4M — down 31% from $23.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ACNT and 1 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 4 added.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $42.2K. The largest seller was Kennedy Capital Management, cutting an estimated $596K.
- 30 institutional investors held Ascent Industries (ACNT) as of Q3 2020, down from 36 in Q2 2020.
- Funds reported $16.4M of Ascent Industries stock for Q3 2020, down 31% quarter-over-quarter.
- 1 fund opened new Ascent Industries positions in Q3 2020 and 7 closed out, a net change of -6 holders.
- The largest Ascent Industries buyer in Q3 2020 was Cambridge Investment Research Advisors, an estimated $42.2K added.
- The largest Ascent Industries seller in Q3 2020 was Kennedy Capital Management, an estimated $596K sold.
Based on aggregated 13F filings for Q3 2020.