Apogee Enterprises
APOG
142 hedge funds and large institutions have $892M invested in Apogee Enterprises in 2014 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 41 increasing their positions, 66 reducing their positions, and 18 closing their positions.
20% more call options, than puts
Call options by funds: $409K | Put options by funds: $341K
6% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 18
1% less funds holding
Funds holding: 144 → 142 (-2)
7% less capital invested
Capital invested by funds: $962M → $892M (-$70.4M)
38% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Sandler Capital Management
New York
|
+$12.9M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$7.44M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$7.39M |
| 4 |
PC
Pier Capital
Stamford,
Connecticut
|
+$7.04M |
| 5 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
+$6.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$12.9M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$11.1M |
| 3 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$5.88M |
| 4 |
RIM
Rainier Investment Management
Seattle,
Washington
|
-$3.82M |
| 5 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$3.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
D.E. Shaw & Co
New York
| – | -$352K | -9,814 | Closed |
|
152
SG Americas Securities
New York
| – | -$281K | -7,830 | Closed |
|
153
Two Sigma Advisers
New York
| – | -$247K | -6,875 | Closed |
|
|
VRS
154
Virginia Retirement Systems
Richmond,
Virginia
| – | -$237K | -6,600 | Closed |
|
155
Nomura Holdings
Tokyo,
Japan
| – | -$222K | -6,200 | Closed |
|
|
TAM
156
Tocqueville Asset Management
New York
| – | -$79K | -2,187 | Closed |
|
|
LTFS
157
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$15K | -404 | Closed |
|
158
BNP Paribas Financial Markets
Paris,
France
| – | -$13.4K | -372 | Closed |
|
159
KBC Group
Brussels,
Belgium
| – | -$13K | -369 | Closed |
|
160
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -98 | Closed |
|
APOG Hedge Fund Activity: Q1 2014 in Review
142 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Apogee Enterprises (APOG) for Q1 2014, worth a combined $892M — down 7.3% from $962M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of APOG and 17 opened new positions — a net loss of 1 holder — while 66 trimmed existing stakes and 41 added.
The largest buyer was Sandler Capital Management, opening a new position worth an estimated $12.9M. The largest seller was First Trust Advisors, cutting an estimated $12.9M.
- 142 institutional investors held Apogee Enterprises (APOG) as of Q1 2014, down from 144 in Q4 2013.
- Funds reported $892M of Apogee Enterprises stock for Q1 2014, down 7.3% quarter-over-quarter.
- 17 funds opened new Apogee Enterprises positions in Q1 2014 and 18 closed out, a net change of -1 holder.
- The largest Apogee Enterprises buyer in Q1 2014 was Sandler Capital Management, an estimated $12.9M added.
- The largest Apogee Enterprises seller in Q1 2014 was First Trust Advisors, an estimated $12.9M sold.
Based on aggregated 13F filings for Q1 2014.