Ashland
337 hedge funds and large institutions have $4.1B invested in Ashland in 2023 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 101 increasing their positions, 120 reducing their positions, and 36 closing their positions.
44% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 36
6% more capital invested
Capital invested by funds: $3.88B → $4.1B (+$225M)
4% more funds holding
Funds holding: 325 → 337 (+12)
3.47% more ownership
Funds ownership: 92.32% → 95.78% (+3.5%)
16% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 120
21% less call options, than puts
Call options by funds: $8.56M | Put options by funds: $10.8M
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$125M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$34.3M |
| 3 |
Janus Henderson Group
London,
|
+$34M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$28.8M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$20.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$22.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.4M |
| 3 |
Handelsbanken Fonder
Stockholm,
Sweden
|
-$20.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$19.4M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$12.5M |
ASH Hedge Fund Activity: Q4 2023 in Review
337 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Ashland (ASH) for Q4 2023, worth a combined $4.1B — up 5.8% from $3.88B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new ASH positions and 36 closed out — a net gain of 16 holders — while 101 added to existing stakes and 120 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $125M. The largest seller was Cardinal Capital Management LLC (Connecticut), cutting an estimated $22.2M.
- 337 institutional investors held Ashland (ASH) as of Q4 2023, up from 325 in Q3 2023.
- Funds reported $4.1B of Ashland stock for Q4 2023, up 5.8% quarter-over-quarter.
- 52 funds opened new Ashland positions in Q4 2023 and 36 closed out, a net change of +16 holders.
- The largest Ashland buyer in Q4 2023 was Neuberger Berman Group, an estimated $125M added.
- The largest Ashland seller in Q4 2023 was Cardinal Capital Management LLC (Connecticut), an estimated $22.2M sold.
Based on aggregated 13F filings for Q4 2023.