Ascent Industries
ACNT
29 hedge funds and large institutions have $17.4M invested in Ascent Industries in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 6 closing their positions.
36% more capital invested
Capital invested by funds: $12.9M → $17.4M (+$4.57M)
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
0.36% less ownership
Funds ownership: 19.05% → 18.69% (-0.36%)
15% less funds holding
Funds holding: 34 → 29 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$219K |
| 2 |
BFM
Boothbay Fund Management
New York
|
+$99.7K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$82.8K |
| 4 |
IFG
Independent Financial Group
San Diego,
California
|
+$82.6K |
| 5 |
Morgan Stanley
New York
|
+$33.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SM
Scoggin Management
New York
|
-$273K |
| 2 |
NA
Navellier & Associates
Reno,
Nevada
|
-$242K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$119K |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$105K |
| 5 |
Renaissance Technologies
New York
|
-$103K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| $1.14K | – | – | – |
|
27
JP Morgan Chase
New York
| $1K | +$1.01K | +100 | +357% |
|
28
UBS Group
Zurich,
Switzerland
| $741 | -$14.3K | -1,421 | -95% |
|
|
FCA
29
FinTrust Capital Advisors
Greenville,
South Carolina
| $139 | – | – | – |
|
|
SM
30
Scoggin Management
New York
| – | -$273K | -31,454 | Closed |
|
|
NA
31
Navellier & Associates
Reno,
Nevada
| – | -$242K | -27,940 | Closed |
|
|
OSAM
32
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$105K | -12,068 | Closed |
|
33
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$7K | -750 | Closed |
|
|
CAS
34
Coppell Advisory Solutions
Coppell,
Texas
| – | -$702 | -81 | Closed |
|
|
CASC
35
Coppell Advisory Solutions Corp
Coppell,
Texas
| – | -$702 | -81 | Closed |
|
ACNT Hedge Fund Activity: Q1 2023 in Review
29 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Ascent Industries (ACNT) for Q1 2023, worth a combined $17.4M — up 36% from $12.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ACNT and 1 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 10 added.
The largest buyer was Vanguard Group, adding an estimated $219K. The largest seller was Scoggin Management, exiting entirely with an estimated $273K sold.
- 29 institutional investors held Ascent Industries (ACNT) as of Q1 2023, down from 34 in Q4 2022.
- Funds reported $17.4M of Ascent Industries stock for Q1 2023, up 36% quarter-over-quarter.
- 1 fund opened new Ascent Industries positions in Q1 2023 and 6 closed out, a net change of -5 holders.
- The largest Ascent Industries buyer in Q1 2023 was Vanguard Group, an estimated $219K added.
- The largest Ascent Industries seller in Q1 2023 was Scoggin Management, an estimated $273K sold.
Based on aggregated 13F filings for Q1 2023.