Ascent Industries
ACNT
37 hedge funds and large institutions have $37.4M invested in Ascent Industries in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 14 reducing their positions, and 4 closing their positions.
22% more capital invested
Capital invested by funds: $30.7M → $37.4M (+$6.73M)
5% less funds holding
Funds holding: 39 → 37 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
50% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$570K |
| 2 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
+$163K |
| 3 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
+$129K |
| 4 |
Renaissance Technologies
New York
|
+$100K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$99K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RAM
Redmond Asset Management
Henrico,
Virginia
|
-$310K |
| 2 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
-$201K |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$186K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$126K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$112K |
ACNT Hedge Fund Activity: Q3 2016 in Review
37 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Ascent Industries (ACNT) for Q3 2016, worth a combined $37.4M — up 22% from $30.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of ACNT and 2 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 7 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $570K. The largest seller was Redmond Asset Management, cutting an estimated $310K.
- 37 institutional investors held Ascent Industries (ACNT) as of Q3 2016, down from 39 in Q2 2016.
- Funds reported $37.4M of Ascent Industries stock for Q3 2016, up 22% quarter-over-quarter.
- 2 funds opened new Ascent Industries positions in Q3 2016 and 4 closed out, a net change of -2 holders.
- The largest Ascent Industries buyer in Q3 2016 was DePrince Race & Zollo Inc (DRZ), an estimated $570K added.
- The largest Ascent Industries seller in Q3 2016 was Redmond Asset Management, an estimated $310K sold.
Based on aggregated 13F filings for Q3 2016.