Ascent Industries
ACNT
27 hedge funds and large institutions have $18.8M invested in Ascent Industries in 2023 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 3 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
7% more capital invested
Capital invested by funds: $17.5M → $18.8M (+$1.22M)
0.13% less ownership
Funds ownership: 19.5% → 19.37% (-0.13%)
4% less funds holding
Funds holding: 28 → 27 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$373K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$141K |
| 3 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$123K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$79.4K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$72.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$502K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$276K |
| 3 |
IFG
Independent Financial Group
San Diego,
California
|
-$169K |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$50K |
| 5 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
-$39.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAS
26
Coppell Advisory Solutions
Coppell,
Texas
| $277 | -$428 | -52 | -64% |
|
|
FCA
27
FinTrust Capital Advisors
Greenville,
South Carolina
| $153 | – | – | – |
|
|
IFG
28
Independent Financial Group
San Diego,
California
| – | -$169K | -19,000 | Closed |
|
|
29
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$50K | -5,625 | Closed |
|
|
CA
30
Clearstead Advisors
Cleveland,
Ohio
| – | -$4.44K | -500 | Closed |
|
ACNT Hedge Fund Activity: Q4 2023 in Review
27 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Ascent Industries (ACNT) for Q4 2023, worth a combined $18.8M — up 6.9% from $17.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ACNT and 2 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 10 added.
The largest buyer was Morgan Stanley, adding an estimated $373K. The largest seller was Wells Fargo, cutting an estimated $502K.
- 27 institutional investors held Ascent Industries (ACNT) as of Q4 2023, down from 28 in Q3 2023.
- Funds reported $18.8M of Ascent Industries stock for Q4 2023, up 6.9% quarter-over-quarter.
- 2 funds opened new Ascent Industries positions in Q4 2023 and 3 closed out, a net change of -1 holder.
- The largest Ascent Industries buyer in Q4 2023 was Morgan Stanley, an estimated $373K added.
- The largest Ascent Industries seller in Q4 2023 was Wells Fargo, an estimated $502K sold.
Based on aggregated 13F filings for Q4 2023.