Aspen Aerogels
ASPN
76 hedge funds and large institutions have $366M invested in Aspen Aerogels in 2020 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 26 increasing their positions, 20 reducing their positions, and 12 closing their positions.
27,700% more call options, than puts
Call options by funds: $278K | Put options by funds: $1K
80% more funds holding in top 10
Funds holding in top 10: 5 → 9 (+4)
69% more capital invested
Capital invested by funds: $217M → $366M (+$149M)
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
30% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 20
7.77% more ownership
Funds ownership: 73.69% → 81.46% (+7.8%)
6% more funds holding
Funds holding: 72 → 76 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$8.67M |
| 2 |
State Street
Boston,
Massachusetts
|
+$6.99M |
| 3 |
BlackRock
New York
|
+$4.57M |
| 4 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
+$3.02M |
| 5 |
SAM
Silvercrest Asset Management
New York
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIM
Needham Investment Management
New York
|
-$5.27M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$4.65M |
| 3 |
CPA
Cowen Prime Advisors
New York
|
-$1.35M |
| 4 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$1.31M |
| 5 |
SAM
Silverback Asset Management
Chapel Hill,
North Carolina
|
-$1.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Russell Investments Group
London,
United Kingdom
| – | -$4.65M | -424,986 | Closed |
|
|
SAM
77
Silverback Asset Management
Chapel Hill,
North Carolina
| – | -$1.12M | -102,444 | Closed |
|
|
HA
78
Heartland Advisors
Milwaukee,
Wisconsin
| – | -$1.09M | -100,000 | Closed |
|
79
Boston Partners
Boston,
Massachusetts
| – | -$788K | -71,984 | Closed |
|
|
RC
80
RBF Capital
San Francisco,
California
| – | -$666K | -60,845 | Closed |
|
81
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$642K | -58,586 | Closed |
|
82
Squarepoint
New York
| – | -$470K | -42,932 | Closed |
|
|
WCM
83
Wedge Capital Management
Charlotte,
North Carolina
| – | -$168K | -15,299 | Closed |
|
|
AIM
84
Alambic Investment Management
Belvedere,
California
| – | -$155K | -14,133 | Closed |
|
85
Two Sigma Advisers
New York
| – | -$143K | -13,100 | Closed |
|
|
MAM
86
Meeder Asset Management
Dublin,
Ohio
| – | -$53K | -4,783 | Closed |
|
|
PCM
87
Prelude Capital Management
New York
| – | -$5K | -500 | Closed |
|
|
TFM
88
TFC Financial Management
Boston,
Massachusetts
| – | +$26 | +2 | New |
|
ASPN Hedge Fund Activity: Q4 2020 in Review
76 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Aspen Aerogels (ASPN) for Q4 2020, worth a combined $366M — up 69% from $217M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new ASPN positions and 12 closed out — a net gain of 5 holders — while 26 added to existing stakes and 20 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $8.67M. The largest seller was Needham Investment Management, cutting an estimated $5.27M.
- 76 institutional investors held Aspen Aerogels (ASPN) as of Q4 2020, up from 72 in Q3 2020.
- Funds reported $366M of Aspen Aerogels stock for Q4 2020, up 69% quarter-over-quarter.
- 17 funds opened new Aspen Aerogels positions in Q4 2020 and 12 closed out, a net change of +5 holders.
- The largest Aspen Aerogels buyer in Q4 2020 was Driehaus Capital Management, an estimated $8.67M added.
- The largest Aspen Aerogels seller in Q4 2020 was Needham Investment Management, an estimated $5.27M sold.
Based on aggregated 13F filings for Q4 2020.