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372 hedge funds and large institutions have $6.71B invested in Ashland in 2014 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 128 increasing their positions, 136 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

135% more call options, than puts

Call options by funds: $474M | Put options by funds: $202M

0% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 31

1% less funds holding

Funds holding: 374372 (-2)

6% less repeat investments, than reductions

Existing positions increased: 128 | Existing positions reduced: 136

8% less funds holding in top 10

Funds holding in top 10: 1312 (-1)

9.03% less ownership

Funds ownership: 178.03%169% (-9%)

9% less capital invested

Capital invested by funds: $7.38B → $6.71B (-$672M)

Holders
372
Holders Change
-2
Holders Change %
-0.53%
% of All Funds
10.8%
Holding in Top 10
12
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-7.69%
% of All Funds
0.35%
New
31
Increased
128
Reduced
136
Closed
31
Calls
$474M
Puts
$202M
Net Calls
+$272M
Net Calls Change
-$165M
Name Holding Trade Value Shares
Change
Change in
Stake
JP
1
Jana Partners
New York
$611M -$16.2M -311,350 -3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$476M +$11.1M +212,362 +2%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$474M +$11.8M +227,286 +3%
State Street
4
State Street
Massachusetts
$255M -$6.83M -131,194 -3%
BFA
5
BlackRock Fund Advisors
California
$225M +$3.2M +61,467 +1%
HCM
6
Highfields Capital Management
Massachusetts
$220M -$61.5M -1,180,684 -21%
BIT
7
BlackRock Institutional Trust
California
$220M -$60.7K -1,165 -0%
ETC
8
Evercore Trust Company
New York
$175M -$7.99M -153,464 -4%
Principal Financial Group
9
Principal Financial Group
Iowa
$158M +$4.65M +89,380 +3%
Neuberger Berman Group
10
Neuberger Berman Group
New York
$148M -$1.73M -33,137 -1%
WCM
11
Wedge Capital Management
North Carolina
$140M +$18.6M +357,424 +15%
Deutsche Bank
12
Deutsche Bank
Germany
$118M +$62.9M +1,207,655 +109%
MC
13
Maverick Capital
Texas
$114M -$16.2M -310,210 -12%
Millennium Management
14
Millennium Management
New York
$112M +$53.2M +1,021,824 +87%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$107M -$6.92M -132,838 -6%
VFA
16
Virtus Fund Advisers
Connecticut
$98.1M +$40.6M +779,245 +68%
Balyasny Asset Management
17
Balyasny Asset Management
Illinois
$94.1M +$17.3M +332,663 +22%
UOC
18
UBS O'Connor
Illinois
$92.1M +$62.3M +1,196,813 +196%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$80.1M -$337K -6,463 -0.4%
HP
20
Holowesko Partners
Bahamas
$77.6M +$1.6M +30,660 +2%
AIM
21
abrdn Investment Management
United Kingdom
$77.2M +$8M +153,729 +11%
Northern Trust
22
Northern Trust
Illinois
$76.2M -$1.49M -28,683 -2%
TCIM
23
TIAA CREF Investment Management
New York
$73.8M +$13.2M +252,845 +21%
Susquehanna International Group
24
Susquehanna International Group
Pennsylvania
$69.6M +$30.5M +586,006 +75%
Norges Bank
25
Norges Bank
Norway
$68.1M -$63.5M -1,219,532 -48%

ASH Hedge Fund Activity: Q3 2014 in Review

372 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Ashland (ASH) for Q3 2014, worth a combined $6.71B — down 9.1% from $7.38B a quarter earlier.

Fund positioning in ASH was balanced in Q3 2014: 31 funds opened new positions, 31 closed out, 128 added to existing stakes and 136 trimmed.

The largest buyer was Cramer Rosenthal McGlynn, opening a new position worth an estimated $67.4M. The largest seller was Third Point, exiting entirely with an estimated $109M sold.

  • 372 institutional investors held Ashland (ASH) as of Q3 2014, down from 374 in Q2 2014.
  • Funds reported $6.71B of Ashland stock for Q3 2014, down 9.1% quarter-over-quarter.
  • 31 funds opened new Ashland positions in Q3 2014 and 31 closed out, a net change of 0 holders.
  • The largest Ashland buyer in Q3 2014 was Cramer Rosenthal McGlynn, an estimated $67.4M added.
  • The largest Ashland seller in Q3 2014 was Third Point, an estimated $109M sold.

Based on aggregated 13F filings for Q3 2014.