Ascent Industries
ACNT
48 hedge funds and large institutions have $67.3M invested in Ascent Industries in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 19 increasing their positions, 11 reducing their positions, and 6 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 11
4% more capital invested
Capital invested by funds: $64.7M → $67.3M (+$2.58M)
0.83% more ownership
Funds ownership: 46.19% → 47.03% (+0.83%)
6% less funds holding
Funds holding: 51 → 48 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$2.4M |
| 2 |
RA
Royce & Associates
New York
|
+$592K |
| 3 |
BlackRock
New York
|
+$307K |
| 4 |
HWA
Heritage Wealth Advisors
Richmond,
Virginia
|
+$240K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$236K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
-$1.7M |
| 2 |
OAM
Oberweis Asset Management
Lisle,
Illinois
|
-$449K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$236K |
| 4 |
DAM
Deltec Asset Management
New York
|
-$156K |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$115K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OSAM
51
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$115K | -7,199 | -100% |
|
|
POIA
52
Pin Oak Investment Advisors
Houston,
Texas
| – | -$4K | -255 | Closed |
|
|
AG
53
Aperio Group
Sausalito,
California
| – | -$2K | -132 | Closed |
|
54
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$2K | -130 | Closed |
|
ACNT Hedge Fund Activity: Q3 2019 in Review
48 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Ascent Industries (ACNT) for Q3 2019, worth a combined $67.3M — up 4% from $64.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ACNT and 3 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 19 added.
The largest buyer was PenderFund Capital Management, adding an estimated $2.4M. The largest seller was Van Den Berg Management I, cutting an estimated $1.7M.
- 48 institutional investors held Ascent Industries (ACNT) as of Q3 2019, down from 51 in Q2 2019.
- Funds reported $67.3M of Ascent Industries stock for Q3 2019, up 4% quarter-over-quarter.
- 3 funds opened new Ascent Industries positions in Q3 2019 and 6 closed out, a net change of -3 holders.
- The largest Ascent Industries buyer in Q3 2019 was PenderFund Capital Management, an estimated $2.4M added.
- The largest Ascent Industries seller in Q3 2019 was Van Den Berg Management I, an estimated $1.7M sold.
Based on aggregated 13F filings for Q3 2019.