Ascent Industries
ACNT
28 hedge funds and large institutions have $21.5M invested in Ascent Industries in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
15% more capital invested
Capital invested by funds: $18.8M → $21.5M (+$2.79M)
4% more funds holding
Funds holding: 27 → 28 (+1)
1.52% more ownership
Funds ownership: 19.37% → 20.88% (+1.5%)
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$110K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$86.4K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$86.2K |
| 4 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$55.4K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$28.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$405K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$86.3K |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$84.7K |
| 4 |
Renaissance Technologies
New York
|
-$49.3K |
| 5 |
Bank of New York Mellon
New York
|
-$42.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $1.04K | +$215 | +21 | +26% |
|
|
FCA
27
FinTrust Capital Advisors
Greenville,
South Carolina
| $164 | – | – | – |
|
28
JP Morgan Chase
New York
| $102 | -$1.75K | -171 | -94% |
|
|
29
Victory Capital Management
San Antonio,
Texas
| – | -$84.7K | -8,857 | Closed |
|
ACNT Hedge Fund Activity: Q1 2024 in Review
28 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Ascent Industries (ACNT) for Q1 2024, worth a combined $21.5M — up 15% from $18.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new ACNT positions and 1 closed out — a net gain of 2 holders — while 7 added to existing stakes and 12 trimmed.
The largest buyer was Vanguard Group, adding an estimated $110K. The largest seller was Morgan Stanley, cutting an estimated $405K.
- 28 institutional investors held Ascent Industries (ACNT) as of Q1 2024, up from 27 in Q4 2023.
- Funds reported $21.5M of Ascent Industries stock for Q1 2024, up 15% quarter-over-quarter.
- 3 funds opened new Ascent Industries positions in Q1 2024 and 1 closed out, a net change of +2 holders.
- The largest Ascent Industries buyer in Q1 2024 was Vanguard Group, an estimated $110K added.
- The largest Ascent Industries seller in Q1 2024 was Morgan Stanley, an estimated $405K sold.
Based on aggregated 13F filings for Q1 2024.