Ashland
338 hedge funds and large institutions have $4.09B invested in Ashland in 2023 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 93 increasing their positions, 128 reducing their positions, and 66 closing their positions.
1.13% less ownership
Funds ownership: 90.26% → 89.13% (-1.1%)
5% less funds holding
Funds holding: 355 → 338 (-17)
19% less capital invested
Capital invested by funds: $5.03B → $4.09B (-$937M)
21% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 66
27% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 128
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
44% less call options, than puts
Call options by funds: $12.5M | Put options by funds: $22.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$57.8M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$41.9M |
| 3 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$39.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$24M |
| 5 |
D.E. Shaw & Co
New York
|
+$19.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
-$67.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$33.5M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$30.2M |
| 4 |
Millennium Management
New York
|
-$29.8M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$29.7M |
ASH Hedge Fund Activity: Q2 2023 in Review
338 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Ashland (ASH) for Q2 2023, worth a combined $4.09B — down 19% from $5.03B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of ASH and 52 opened new positions — a net loss of 14 holders — while 128 trimmed existing stakes and 93 added.
The largest buyer was 1832 Asset Management, adding an estimated $57.8M. The largest seller was Empyrean Capital Partners, exiting entirely with an estimated $67.4M sold.
- 338 institutional investors held Ashland (ASH) as of Q2 2023, down from 355 in Q1 2023.
- Funds reported $4.09B of Ashland stock for Q2 2023, down 19% quarter-over-quarter.
- 52 funds opened new Ashland positions in Q2 2023 and 66 closed out, a net change of -14 holders.
- The largest Ashland buyer in Q2 2023 was 1832 Asset Management, an estimated $57.8M added.
- The largest Ashland seller in Q2 2023 was Empyrean Capital Partners, an estimated $67.4M sold.
Based on aggregated 13F filings for Q2 2023.