Ascent Industries
ACNT
52 hedge funds and large institutions have $97.8M invested in Ascent Industries in 2018 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 4 closing their positions.
400% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 4
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
55% more capital invested
Capital invested by funds: $63.3M → $97.8M (+$34.5M)
44% more funds holding
Funds holding: 36 → 52 (+16)
6.07% more ownership
Funds ownership: 49.88% → 55.95% (+6.1%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $954K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.77M |
| 2 |
State Street
Boston,
Massachusetts
|
+$2.03M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.23M |
| 4 |
ZIM
ZPR Investment Management
Orange City,
Florida
|
+$777K |
| 5 |
Renaissance Technologies
New York
|
+$748K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$4.68M |
| 2 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
-$889K |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$291K |
| 4 |
RA
Royce & Associates
New York
|
-$272K |
| 5 |
2L
22NW LP
Seattle,
Washington
|
-$107K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | +$1.07K | +59 | New |
|
|
FWSM
52
First Wilshire Securities Management
Pasadena,
California
| – | -$889K | -60,889 | Closed |
|
|
KCM
53
Kennedy Capital Management
St Louis,
Missouri
| – | -$291K | -19,937 | Closed |
|
54
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$28K | -1,920 | Closed |
|
55
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$26K | -1,800 | Closed |
|
|
SIC
56
Salem Investment Counselors
Winston Salem,
North Carolina
| – | +$91 | +5 | New |
|
ACNT Hedge Fund Activity: Q2 2018 in Review
52 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Ascent Industries (ACNT) for Q2 2018, worth a combined $97.8M — up 55% from $63.3M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new ACNT positions and 4 closed out — a net gain of 16 holders — while 13 added to existing stakes and 8 trimmed.
The largest buyer was BlackRock, adding an estimated $6.77M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $4.68M.
- 52 institutional investors held Ascent Industries (ACNT) as of Q2 2018, up from 36 in Q1 2018.
- Funds reported $97.8M of Ascent Industries stock for Q2 2018, up 55% quarter-over-quarter.
- 20 funds opened new Ascent Industries positions in Q2 2018 and 4 closed out, a net change of +16 holders.
- The largest Ascent Industries buyer in Q2 2018 was BlackRock, an estimated $6.77M added.
- The largest Ascent Industries seller in Q2 2018 was DePrince Race & Zollo Inc (DRZ), an estimated $4.68M sold.
Based on aggregated 13F filings for Q2 2018.