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Ashland

374 hedge funds and large institutions have $7.38B invested in Ashland in 2014 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 114 increasing their positions, 147 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

333% more call options, than puts

Call options by funds: $569M | Put options by funds: $131M

39% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 28

10% more capital invested

Capital invested by funds: $6.71B → $7.38B (+$673M)

3% more funds holding

Funds holding: 364374 (+10)

0.6% more ownership

Funds ownership: 177.43%178.03% (+0.6%)

22% less repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 147

24% less funds holding in top 10

Funds holding in top 10: 1713 (-4)

Holders
374
Holders Change
+10
Holders Change %
+2.75%
% of All Funds
10.75%
Holding in Top 10
13
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-23.53%
% of All Funds
0.37%
New
39
Increased
114
Reduced
147
Closed
28
Calls
$569M
Puts
$131M
Net Calls
+$438M
Net Calls Change
+$225M
Name Holding Trade Value Shares
Change
Change in
Stake
TCA
26
Taconic Capital Advisors
New York
$65.2M -$96.8M -1,941,800 -61%
Point72 Asset Management
27
Point72 Asset Management
Connecticut
$64.9M +$60.8M +1,219,450 New
TCIM
28
TIAA CREF Investment Management
New York
$63.6M +$39.3M +788,965 +194%
Citigroup
29
Citigroup
New York
$62.8M +$55.8M +1,118,707 +1,836%
Millennium Management
30
Millennium Management
New York
$62.7M +$31.9M +638,725 +118%
VFA
31
Virtus Fund Advisers
Connecticut
$61M +$57.2M +1,146,228 New
Deutsche Bank
32
Deutsche Bank
Germany
$59.1M -$2.31M -46,281 -4%
PP
33
Prudential plc
United Kingdom
$57.5M +$1.97M +39,449 +4%
JP Morgan Chase
34
JP Morgan Chase
New York
$55.4M +$18.6M +373,647 +56%
BG
35
BlackRock Group
United Kingdom
$54M -$1.89M -37,970 -4%
LM
36
Luminus Management
Texas
$50.4M -$2.24M -44,863 -5%
D.E. Shaw & Co
37
D.E. Shaw & Co
New York
$49M -$25.2M -505,326 -35%
CPM
38
Chesapeake Partners Management
Maryland
$47.3M
NFA
39
Nationwide Fund Advisors
Ohio
$46.5M +$43.6M +873,976 New
Susquehanna International Group
40
Susquehanna International Group
Pennsylvania
$41.5M +$18M +361,848 +86%
Geode Capital Management
41
Geode Capital Management
Massachusetts
$40.6M -$71.6K -1,435 -0.2%
BIM
42
BlackRock Investment Management
Delaware
$40.2M -$5.63M -112,788 -13%
VBCP
43
Vollero Beach Capital Partners
New York
$39.8M +$37.3M +748,131 New
Renaissance Technologies
44
Renaissance Technologies
New York
$38.6M +$20.8M +416,976 +135%
Canada Pension Plan Investment Board
45
Canada Pension Plan Investment Board
Ontario, Canada
$37.9M +$1.54M +30,865 +5%
Two Sigma Investments
46
Two Sigma Investments
New York
$37.7M +$31.6M +634,353 +860%
First Trust Advisors
47
First Trust Advisors
Illinois
$36.4M -$4.77M -95,581 -12%
Credit Agricole
48
Credit Agricole
France
$35.9M -$1.07M -21,525 -3%
Legal & General Group
49
Legal & General Group
United Kingdom
$34.7M -$121K -2,436 -0.4%
UOC
50
UBS O'Connor
Illinois
$32.5M -$6.59M -132,196 -18%

ASH Hedge Fund Activity: Q2 2014 in Review

374 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Ashland (ASH) for Q2 2014, worth a combined $7.38B — up 10% from $6.71B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new ASH positions and 28 closed out — a net gain of 11 holders — while 114 added to existing stakes and 147 trimmed.

The largest buyer was Norges Bank, adding an estimated $75M. The largest seller was Goldman Sachs, cutting an estimated $103M.

  • 374 institutional investors held Ashland (ASH) as of Q2 2014, up from 364 in Q1 2014.
  • Funds reported $7.38B of Ashland stock for Q2 2014, up 10% quarter-over-quarter.
  • 39 funds opened new Ashland positions in Q2 2014 and 28 closed out, a net change of +11 holders.
  • The largest Ashland buyer in Q2 2014 was Norges Bank, an estimated $75M added.
  • The largest Ashland seller in Q2 2014 was Goldman Sachs, an estimated $103M sold.

Based on aggregated 13F filings for Q2 2014.