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336 hedge funds and large institutions have $4.01B invested in Ashland in 2023 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 101 increasing their positions, 121 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 36

4% more funds holding

Funds holding: 324336 (+12)

1.35% more ownership

Funds ownership: 92.32%93.67% (+1.3%)

3% more capital invested

Capital invested by funds: $3.88B → $4.01B (+$135M)

17% less repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 121

19% less call options, than puts

Call options by funds: $8.56M | Put options by funds: $10.6M

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

Holders
336
Holders Change
+12
Holders Change %
+3.7%
% of All Funds
4.9%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
52
Increased
101
Reduced
121
Closed
36
Calls
$8.56M
Puts
$10.6M
Net Calls
-$2.02M
Net Calls Change
+$1.57M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$419M -$8.91M -112,389 -2%
BlackRock
2
BlackRock
New York
$374M -$1.93M -24,294 -0.5%
EC
3
Eminence Capital
New York
$296M +$146K +1,837 +0.1%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$224M +$4.93M +62,182 +2%
Massachusetts Financial Services
5
Massachusetts Financial Services
Massachusetts
$204M +$13M +164,468 +7%
Diamond Hill Capital Management
6
Diamond Hill Capital Management
Ohio
$160M -$4.03M -50,797 -3%
State Street
7
State Street
Massachusetts
$154M +$4.5M +56,715 +3%
Allspring Global Investments
8
Allspring Global Investments
North Carolina
$141M +$20.4M +256,828 +18%
ClearBridge Investments
9
ClearBridge Investments
New York
$140M +$20M +252,104 +18%
Neuberger Berman Group
10
Neuberger Berman Group
New York
$124M +$8.98M +113,277 +8%
Goldman Sachs
11
Goldman Sachs
New York
$109M -$7.7M -97,169 -7%
CLG
12
Cooperman Leon G
$80.9M
Millennium Management
13
Millennium Management
New York
$69.2M +$6.7M +84,490 +11%
Morgan Stanley
14
Morgan Stanley
New York
$65.9M +$32.2M +405,716 +108%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$65.2M +$2.25M +28,355 +4%
CVA
16
Ceredex Value Advisors
Florida
$58.1M +$1.72M +21,667 +3%
Charles Schwab
17
Charles Schwab
California
$56M +$3.01M +37,977 +6%
Invesco
18
Invesco
Georgia
$55.1M +$3.46M +43,607 +7%
1832 Asset Management
19
1832 Asset Management
Ontario, Canada
$53.2M -$3.17M -40,007 -6%
Newport Trust Company
20
Newport Trust Company
District of Columbia
$51.3M -$258K -3,249 -0.5%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$48.2M +$5.23M +66,023 +13%
DRZID
22
DePrince Race & Zollo Inc (DRZ)
Florida
$47.6M +$34.3M +433,021 +329%
Macquarie Group
23
Macquarie Group
Australia
$45.5M -$8.55M -107,858 -17%
Franklin Resources
24
Franklin Resources
California
$41.8M +$28.8M +363,328 +274%
SI
25
Standard Investments
New York
$41.3M -$8.3M -104,700 -18%

ASH Hedge Fund Activity: Q4 2023 in Review

336 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Ashland (ASH) for Q4 2023, worth a combined $4.01B — up 3.5% 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 121 trimmed.

The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $34.3M. The largest seller was Cardinal Capital Management LLC (Connecticut), cutting an estimated $22.2M.

  • 336 institutional investors held Ashland (ASH) as of Q4 2023, up from 324 in Q3 2023.
  • Funds reported $4.01B of Ashland stock for Q4 2023, up 3.5% 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 DePrince Race & Zollo Inc (DRZ), an estimated $34.3M 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.