Ascent Industries
ACNT
36 hedge funds and large institutions have $23.9M invested in Ascent Industries in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 3 increasing their positions, 15 reducing their positions, and 16 closing their positions.
5.59% less ownership
Funds ownership: 40.86% → 35.27% (-5.6%)
12% less funds holding
Funds holding: 41 → 36 (-5)
26% less capital invested
Capital invested by funds: $32.3M → $23.9M (-$8.4M)
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
80% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.74M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$463K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$433K |
| 4 |
FM
Fondren Management
Houston,
Texas
|
+$391K |
| 5 |
Millennium Management
New York
|
+$118K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.48M |
| 2 |
State Street
Boston,
Massachusetts
|
-$1.19M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$679K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$419K |
| 5 |
RA
Royce & Associates
New York
|
-$274K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Osaic Holdings
Scottsdale,
Arizona
| – | +$261 | +30 | New |
|
ACNT Hedge Fund Activity: Q2 2020 in Review
36 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Ascent Industries (ACNT) for Q2 2020, worth a combined $23.9M — down 26% from $32.3M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of ACNT and 11 opened new positions — a net loss of 5 holders — while 15 trimmed existing stakes and 3 added.
The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $1.74M. The largest seller was BlackRock, cutting an estimated $3.48M.
- 36 institutional investors held Ascent Industries (ACNT) as of Q2 2020, down from 41 in Q1 2020.
- Funds reported $23.9M of Ascent Industries stock for Q2 2020, down 26% quarter-over-quarter.
- 11 funds opened new Ascent Industries positions in Q2 2020 and 16 closed out, a net change of -5 holders.
- The largest Ascent Industries buyer in Q2 2020 was Kennedy Capital Management, an estimated $1.74M added.
- The largest Ascent Industries seller in Q2 2020 was BlackRock, an estimated $3.48M sold.
Based on aggregated 13F filings for Q2 2020.