Ashland
281 hedge funds and large institutions have $2.82B invested in Ashland in 2020 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 82 increasing their positions, 101 reducing their positions, and 79 closing their positions.
119% more call options, than puts
Call options by funds: $23.1M | Put options by funds: $10.5M
0.94% more ownership
Funds ownership: 92.57% → 93.51% (+0.94%)
15% less funds holding
Funds holding: 330 → 281 (-49)
19% less repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 101
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
34% less capital invested
Capital invested by funds: $4.27B → $2.82B (-$1.44B)
58% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Causeway Capital Management
Los Angeles,
California
|
+$75.9M |
| 2 |
Morgan Stanley
New York
|
+$38.2M |
| 3 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$36.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$33.2M |
| 5 |
NCMU
NAYA Capital Management (UK)
London,
United Kingdom
|
+$32.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$50.8M |
| 2 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
-$42.2M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$34.9M |
| 4 |
Renaissance Technologies
New York
|
-$30M |
| 5 |
DKCM
Davidson Kempner Capital Management
New York
|
-$23M |
ASH Hedge Fund Activity: Q1 2020 in Review
281 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Ashland (ASH) for Q1 2020, worth a combined $2.82B — down 34% from $4.27B a quarter earlier.
Sellers outnumbered buyers: 79 funds closed out of ASH and 33 opened new positions — a net loss of 46 holders — while 101 trimmed existing stakes and 82 added.
The largest buyer was Causeway Capital Management, adding an estimated $75.9M. The largest seller was BlackRock, cutting an estimated $50.8M.
- 281 institutional investors held Ashland (ASH) as of Q1 2020, down from 330 in Q4 2019.
- Funds reported $2.82B of Ashland stock for Q1 2020, down 34% quarter-over-quarter.
- 33 funds opened new Ashland positions in Q1 2020 and 79 closed out, a net change of -46 holders.
- The largest Ashland buyer in Q1 2020 was Causeway Capital Management, an estimated $75.9M added.
- The largest Ashland seller in Q1 2020 was BlackRock, an estimated $50.8M sold.
Based on aggregated 13F filings for Q1 2020.