AdvanSix
ASIX
400 hedge funds and large institutions have $834M invested in AdvanSix in 2018 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 103 increasing their positions, 98 reducing their positions, and 61 closing their positions.
8% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 61
5% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 98
0.52% more ownership
Funds ownership: 78.18% → 78.7% (+0.52%)
0% more funds holding
Funds holding: 400 → 400 (0)
14% less call options, than puts
Call options by funds: $2.96M | Put options by funds: $3.43M
17% less capital invested
Capital invested by funds: $1B → $834M (-$168M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$8.21M |
| 2 |
SM
Soapstone Management
Bethesda,
Maryland
|
+$7.96M |
| 3 |
FA
Friess Associates
Greenville,
Delaware
|
+$7.37M |
| 4 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$6.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Kestrel Investment Management
San Mateo,
California
|
-$14.7M |
| 2 |
Morgan Stanley
New York
|
-$12.7M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$7.53M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$6.3M |
| 5 |
JP Morgan Chase
New York
|
-$5.81M |
ASIX Hedge Fund Activity: Q1 2018 in Review
400 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in AdvanSix (ASIX) for Q1 2018, worth a combined $834M — down 17% from $1B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new ASIX positions and 61 closed out — a net gain of 5 holders — while 103 added to existing stakes and 98 trimmed.
The largest buyer was Sterling Capital Management, adding an estimated $8.21M. The largest seller was Kestrel Investment Management, cutting an estimated $14.7M.
- 400 institutional investors held AdvanSix (ASIX) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $834M of AdvanSix stock for Q1 2018, down 17% quarter-over-quarter.
- 66 funds opened new AdvanSix positions in Q1 2018 and 61 closed out, a net change of +5 holders.
- The largest AdvanSix buyer in Q1 2018 was Sterling Capital Management, an estimated $8.21M added.
- The largest AdvanSix seller in Q1 2018 was Kestrel Investment Management, an estimated $14.7M sold.
Based on aggregated 13F filings for Q1 2018.