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311 hedge funds and large institutions have $3.84B invested in Ashland in 2017 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 22 increasing their positions, 244 reducing their positions, and 88 closing their positions.

New
Increased
Maintained
Reduced
Closed

740% more call options, than puts

Call options by funds: $544M | Put options by funds: $64.7M

13% less funds holding

Funds holding: 356311 (-45)

30% less funds holding in top 10

Funds holding in top 10: 107 (-3)

44% less capital invested

Capital invested by funds: $6.88B → $3.84B (-$3.03B)

49% less first-time investments, than exits

New positions opened: 45 | Existing positions closed: 88

89.2% less ownership

Funds ownership: 182.91%93.72% (-89%)

91% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 244

Holders
311
Holders Change
-45
Holders Change %
-12.64%
% of All Funds
7.75%
Holding in Top 10
7
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-30%
% of All Funds
0.17%
New
45
Increased
22
Reduced
244
Closed
88
Calls
$544M
Puts
$64.7M
Net Calls
+$479M
Net Calls Change
+$515M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
51
JP Morgan Chase
New York
$14.8M -$1.97M -30,994 -12%
Nomura Holdings
52
Nomura Holdings
Japan
$14.4M +$13.9M +218,270 New
GF
53
Gabelli Funds
New York
$13.6M -$12.3M -193,498 -48%
RCMNY
54
Rubric Capital Management (New York)
New York
$13.3M +$12.8M +201,600 New
Bank of Nova Scotia
55
Bank of Nova Scotia
Ontario, Canada
$13.2M -$13.2M -208,100 -51%
Wells Fargo
56
Wells Fargo
California
$13.1M -$12.4M -195,000 -50%
KBC Group
57
KBC Group
Belgium
$13.1M +$10.1M +159,044 +406%
PAMP
58
Polar Asset Management Partners
Ontario, Canada
$12.9M -$1.88M -29,501 -13%
WIC
59
Water Island Capital
New York
$12.8M +$12.4M +194,544 New
Canada Pension Plan Investment Board
60
Canada Pension Plan Investment Board
Ontario, Canada
$12.5M +$11M +172,235 +990%
HCM
61
Highbridge Capital Management
New York
$12.4M +$12M +188,820 New
New York State Common Retirement Fund
62
New York State Common Retirement Fund
New York
$12.1M -$11.9M -187,842 -51%
California Public Employees Retirement System
63
California Public Employees Retirement System
California
$11.8M -$11.1M -174,118 -49%
Invesco
64
Invesco
Georgia
$11.8M -$4.94M -77,631 -30%
FCG
65
FrontFour Capital Group
Connecticut
$11.7M -$8.21M -129,059 -42%
Adage Capital Partners
66
Adage Capital Partners
Massachusetts
$11.6M -$46.5M -730,614 -81%
HSBC Holdings
67
HSBC Holdings
United Kingdom
$11.4M -$13.2M -207,681 -55%
Russell Investments Group
68
Russell Investments Group
United Kingdom
$11.2M +$38.3K +602 +0.4%
Toronto Dominion Bank
69
Toronto Dominion Bank
Ontario, Canada
$11.2M -$4.88M -76,670 -31%
Public Employees Retirement Association of Colorado
70
Public Employees Retirement Association of Colorado
Colorado
$10.8M -$2.98M -46,935 -22%
CCMLC
71
Cardinal Capital Management LLC (Connecticut)
Connecticut
$10.2M -$10.2M -159,764 -51%
Deutsche Bank
72
Deutsche Bank
Germany
$9.79M -$22.4M -351,529 -70%
Bank of America
73
Bank of America
North Carolina
$9.72M -$9.44M -148,418 -50%
Prudential Financial
74
Prudential Financial
New Jersey
$9.16M +$3.77M +59,224 +74%
WG
75
Winton Group
United Kingdom
$8.9M +$4.69M +73,683 +120%

ASH Hedge Fund Activity: Q2 2017 in Review

311 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Ashland (ASH) for Q2 2017, worth a combined $3.84B — down 44% from $6.88B a quarter earlier.

Sellers outnumbered buyers: 88 funds closed out of ASH and 45 opened new positions — a net loss of 43 holders — while 244 trimmed existing stakes and 22 added.

The largest buyer was Senator Investment Group, opening a new position worth an estimated $63.6M. The largest seller was T. Rowe Price Associates, cutting an estimated $650M.

  • 311 institutional investors held Ashland (ASH) as of Q2 2017, down from 356 in Q1 2017.
  • Funds reported $3.84B of Ashland stock for Q2 2017, down 44% quarter-over-quarter.
  • 45 funds opened new Ashland positions in Q2 2017 and 88 closed out, a net change of -43 holders.
  • The largest Ashland buyer in Q2 2017 was Senator Investment Group, an estimated $63.6M added.
  • The largest Ashland seller in Q2 2017 was T. Rowe Price Associates, an estimated $650M sold.

Based on aggregated 13F filings for Q2 2017.