Ascent Industries
ACNT
47 hedge funds and large institutions have $61.7M invested in Ascent Industries in 2019 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 15
2.94% less ownership
Funds ownership: 48.19% → 45.24% (-2.9%)
6% less funds holding
Funds holding: 50 → 47 (-3)
13% less capital invested
Capital invested by funds: $70.9M → $61.7M (-$9.22M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$1.28M |
| 2 |
Goldman Sachs
New York
|
+$272K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$156K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$110K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$61.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
2L
22NW LP
Seattle,
Washington
|
-$3.21M |
| 2 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
-$649K |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$394K |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
-$308K |
| 5 |
BlackRock
New York
|
-$255K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Acadian Asset Management
Boston,
Massachusetts
| – | -$128K | -7,742 | Closed |
|
52
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$2K | -115 | Closed |
|
ACNT Hedge Fund Activity: Q1 2019 in Review
47 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Ascent Industries (ACNT) for Q1 2019, worth a combined $61.7M — down 13% from $70.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ACNT and 2 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 15 added.
The largest buyer was Royce & Associates, adding an estimated $1.28M. The largest seller was 22NW LP, exiting entirely with an estimated $3.21M sold.
- 47 institutional investors held Ascent Industries (ACNT) as of Q1 2019, down from 50 in Q4 2018.
- Funds reported $61.7M of Ascent Industries stock for Q1 2019, down 13% quarter-over-quarter.
- 2 funds opened new Ascent Industries positions in Q1 2019 and 5 closed out, a net change of -3 holders.
- The largest Ascent Industries buyer in Q1 2019 was Royce & Associates, an estimated $1.28M added.
- The largest Ascent Industries seller in Q1 2019 was 22NW LP, an estimated $3.21M sold.
Based on aggregated 13F filings for Q1 2019.