Ashland
347 hedge funds and large institutions have $6.4B invested in Ashland in 2013 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 113 increasing their positions, 132 reducing their positions, and 28 closing their positions.
50% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 28
10% more capital invested
Capital invested by funds: $5.83B → $6.4B (+$569M)
3% more funds holding
Funds holding: 337 → 347 (+10)
2.83% more ownership
Funds ownership: 180.66% → 183.49% (+2.8%)
0% more funds holding in top 10
Funds holding in top 10: 11 → 11 (0)
14% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 132
41% less call options, than puts
Call options by funds: $52M | Put options by funds: $88.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
+$106M |
| 2 |
Goldman Sachs
New York
|
+$97.5M |
| 3 |
JP
Jana Partners
New York
|
+$83.3M |
| 4 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$30.4M |
| 5 |
Renaissance Technologies
New York
|
+$22.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
-$104M |
| 2 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$48.1M |
| 3 |
SI
Standard Investments
New York
|
-$44.7M |
| 4 |
GCM
Gates Capital Management
New York
|
-$40M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$38M |
ASH Hedge Fund Activity: Q3 2013 in Review
347 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Ashland (ASH) for Q3 2013, worth a combined $6.4B — up 9.8% from $5.83B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new ASH positions and 28 closed out — a net gain of 14 holders — while 113 added to existing stakes and 132 trimmed.
The largest buyer was Highfields Capital Management, opening a new position worth an estimated $106M. The largest seller was Senator Investment Group, exiting entirely with an estimated $104M sold.
- 347 institutional investors held Ashland (ASH) as of Q3 2013, up from 337 in Q2 2013.
- Funds reported $6.4B of Ashland stock for Q3 2013, up 9.8% quarter-over-quarter.
- 42 funds opened new Ashland positions in Q3 2013 and 28 closed out, a net change of +14 holders.
- The largest Ashland buyer in Q3 2013 was Highfields Capital Management, an estimated $106M added.
- The largest Ashland seller in Q3 2013 was Senator Investment Group, an estimated $104M sold.
Based on aggregated 13F filings for Q3 2013.