Albemarle
298 hedge funds and large institutions have $4.16B invested in Albemarle in 2013 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 91 increasing their positions, 112 reducing their positions, and 25 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
40% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 25
3% more funds holding
Funds holding: 290 → 298 (+8)
1.17% more ownership
Funds ownership: 80.15% → 81.32% (+1.2%)
5% less capital invested
Capital invested by funds: $4.38B → $4.16B (-$218M)
19% less call options, than puts
Call options by funds: $9.64M | Put options by funds: $11.9M
19% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 112
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
+$53M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$40.9M |
| 3 |
AC
Ascend Capital
Orinda,
California
|
+$32.1M |
| 4 |
JP Morgan Chase
New York
|
+$29.6M |
| 5 |
Two Sigma Investments
New York
|
+$27.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$245M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$85.5M |
| 3 |
SCA
Southpoint Capital Advisors
New York
|
-$29.8M |
| 4 |
GC
GMT Capital
Atlanta,
Georgia
|
-$28.5M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$26.6M |
ALB Hedge Fund Activity: Q3 2013 in Review
298 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Albemarle (ALB) for Q3 2013, worth a combined $4.16B — down 5% from $4.38B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new ALB positions and 25 closed out — a net gain of 10 holders — while 91 added to existing stakes and 112 trimmed.
The largest buyer was Gates Capital Management, adding an estimated $53M. The largest seller was Fidelity Investments, cutting an estimated $245M.
- 298 institutional investors held Albemarle (ALB) as of Q3 2013, up from 290 in Q2 2013.
- Funds reported $4.16B of Albemarle stock for Q3 2013, down 5% quarter-over-quarter.
- 35 funds opened new Albemarle positions in Q3 2013 and 25 closed out, a net change of +10 holders.
- The largest Albemarle buyer in Q3 2013 was Gates Capital Management, an estimated $53M added.
- The largest Albemarle seller in Q3 2013 was Fidelity Investments, an estimated $245M sold.
Based on aggregated 13F filings for Q3 2013.