Applied Industrial Technologies
175 hedge funds and large institutions have $1.88B invested in Applied Industrial Technologies in 2014 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 72 increasing their positions, 62 reducing their positions, and 22 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 62
6% more capital invested
Capital invested by funds: $1.78B → $1.88B (+$98.8M)
0.39% more ownership
Funds ownership: 88.26% → 88.66% (+0.39%)
2% less funds holding
Funds holding: 179 → 175 (-4)
18% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 22
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$19.4M |
| 2 |
RA
Royce & Associates
New York
|
+$15.5M |
| 3 |
Lazard Asset Management
New York
|
+$15M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
+$9.14M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$8.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$25.2M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$20.7M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$12.1M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$7.72M |
| 5 |
GAM
Gotham Asset Management
New York
|
-$6.46M |
AIT Hedge Fund Activity: Q2 2014 in Review
175 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Applied Industrial Technologies (AIT) for Q2 2014, worth a combined $1.88B — up 5.6% from $1.78B a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of AIT and 18 opened new positions — a net loss of 4 holders — while 62 trimmed existing stakes and 72 added.
The largest buyer was Norges Bank, adding an estimated $19.4M. The largest seller was Luther King Capital Management (LKCM), exiting entirely with an estimated $25.2M sold.
- 175 institutional investors held Applied Industrial Technologies (AIT) as of Q2 2014, down from 179 in Q1 2014.
- Funds reported $1.88B of Applied Industrial Technologies stock for Q2 2014, up 5.6% quarter-over-quarter.
- 18 funds opened new Applied Industrial Technologies positions in Q2 2014 and 22 closed out, a net change of -4 holders.
- The largest Applied Industrial Technologies buyer in Q2 2014 was Norges Bank, an estimated $19.4M added.
- The largest Applied Industrial Technologies seller in Q2 2014 was Luther King Capital Management (LKCM), an estimated $25.2M sold.
Based on aggregated 13F filings for Q2 2014.