Ashland
357 hedge funds and large institutions have $6.4B invested in Ashland in 2016 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 111 increasing their positions, 132 reducing their positions, and 55 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
1.95% more ownership
Funds ownership: 179.69% → 181.64% (+1.9%)
2% more capital invested
Capital invested by funds: $6.26B → $6.4B (+$136M)
7% less call options, than puts
Call options by funds: $75.6M | Put options by funds: $81.4M
4% less funds holding
Funds holding: 371 → 357 (-14)
16% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 132
20% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sculptor Capital
New York
|
+$120M |
| 2 |
GWM
Greenwich Wealth Management
Greenwich,
Connecticut
|
+$110M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
+$76.3M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$45.9M |
| 5 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP
Jana Partners
New York
|
-$90.7M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$81.5M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$51.9M |
| 4 |
HP
Holowesko Partners
Nassau,
Bahamas
|
-$39.1M |
| 5 |
PAS
Point72 Asia (Singapore)
Singapore
|
-$31M |
ASH Hedge Fund Activity: Q3 2016 in Review
357 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Ashland (ASH) for Q3 2016, worth a combined $6.4B — up 2.2% from $6.26B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of ASH and 44 opened new positions — a net loss of 11 holders — while 132 trimmed existing stakes and 111 added.
The largest buyer was Sculptor Capital, opening a new position worth an estimated $120M. The largest seller was Jana Partners, exiting entirely with an estimated $90.7M sold.
- 357 institutional investors held Ashland (ASH) as of Q3 2016, down from 371 in Q2 2016.
- Funds reported $6.4B of Ashland stock for Q3 2016, up 2.2% quarter-over-quarter.
- 44 funds opened new Ashland positions in Q3 2016 and 55 closed out, a net change of -11 holders.
- The largest Ashland buyer in Q3 2016 was Sculptor Capital, an estimated $120M added.
- The largest Ashland seller in Q3 2016 was Jana Partners, an estimated $90.7M sold.
Based on aggregated 13F filings for Q3 2016.