Aspen Aerogels
ASPN
170 hedge funds and large institutions have $1.19B invested in Aspen Aerogels in 2023 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 50 increasing their positions, 53 reducing their positions, and 19 closing their positions.
105% more capital invested
Capital invested by funds: $583M → $1.19B (+$610M)
74% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 19
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
7% more funds holding
Funds holding: 159 → 170 (+11)
2.57% more ownership
Funds ownership: 96.53% → 99.1% (+2.6%)
6% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 53
33% less call options, than puts
Call options by funds: $30.2M | Put options by funds: $45.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$30.4M |
| 2 |
ECA
Encompass Capital Advisors
New York
|
+$20.9M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$10.3M |
| 4 |
Morgan Stanley
New York
|
+$10.1M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
Redwood Investments
Boston,
Massachusetts
|
-$5.2M |
| 2 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$5.15M |
| 3 |
AG
Algert Global
San Francisco,
California
|
-$4.62M |
| 4 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
-$4.32M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$4.25M |
ASPN Hedge Fund Activity: Q4 2023 in Review
170 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Aspen Aerogels (ASPN) for Q4 2023, worth a combined $1.19B — up 105% from $583M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new ASPN positions and 19 closed out — a net gain of 14 holders — while 50 added to existing stakes and 53 trimmed.
The largest buyer was Hood River Capital Management, opening a new position worth an estimated $30.4M. The largest seller was Redwood Investments, cutting an estimated $5.2M.
- 170 institutional investors held Aspen Aerogels (ASPN) as of Q4 2023, up from 159 in Q3 2023.
- Funds reported $1.19B of Aspen Aerogels stock for Q4 2023, up 105% quarter-over-quarter.
- 33 funds opened new Aspen Aerogels positions in Q4 2023 and 19 closed out, a net change of +14 holders.
- The largest Aspen Aerogels buyer in Q4 2023 was Hood River Capital Management, an estimated $30.4M added.
- The largest Aspen Aerogels seller in Q4 2023 was Redwood Investments, an estimated $5.2M sold.
Based on aggregated 13F filings for Q4 2023.