AdvanSix
ASIX
271 hedge funds and large institutions have $244M invested in AdvanSix in 2020 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 60 increasing their positions, 71 reducing their positions, and 60 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
5.48% more ownership
Funds ownership: 86% → 91.47% (+5.5%)
10% less funds holding
Funds holding: 301 → 271 (-30)
15% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 71
45% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 60
49% less capital invested
Capital invested by funds: $479M → $244M (-$235M)
76% less call options, than puts
Call options by funds: $342K | Put options by funds: $1.42M
Top Buyers
| 1 |
TC
Towle & Co
Denver,
Colorado
|
+$21.9M |
| 2 |
AA
Ancient Art
Austin,
Texas
|
+$11.3M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$6.33M |
| 4 |
2L
22NW LP
Seattle,
Washington
|
+$6.28M |
| 5 |
SCM
Solas Capital Management
Darien,
Connecticut
|
+$3.8M |
Top Sellers
| 1 |
Norges Bank
Oslo,
Norway
|
-$9.67M |
| 2 |
Renaissance Technologies
New York
|
-$5.64M |
| 3 |
FVP
Firefly Value Partners
Newtown,
Pennsylvania
|
-$4.62M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$2.55M |
| 5 |
BlackRock
New York
|
-$2.36M |
ASIX Hedge Fund Activity: Q1 2020 in Review
271 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in AdvanSix (ASIX) for Q1 2020, worth a combined $244M — down 49% from $479M a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of ASIX and 33 opened new positions — a net loss of 27 holders — while 71 trimmed existing stakes and 60 added.
The largest buyer was Towle & Co, opening a new position worth an estimated $21.9M. The largest seller was Norges Bank, exiting entirely with an estimated $9.67M sold.
- 271 institutional investors held AdvanSix (ASIX) as of Q1 2020, down from 301 in Q4 2019.
- Funds reported $244M of AdvanSix stock for Q1 2020, down 49% quarter-over-quarter.
- 33 funds opened new AdvanSix positions in Q1 2020 and 60 closed out, a net change of -27 holders.
- The largest AdvanSix buyer in Q1 2020 was Towle & Co, an estimated $21.9M added.
- The largest AdvanSix seller in Q1 2020 was Norges Bank, an estimated $9.67M sold.
Based on aggregated 13F filings for Q1 2020.