Astec Industries
ASTE
152 hedge funds and large institutions have $1B invested in Astec Industries in 2020 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 53 increasing their positions, 55 reducing their positions, and 14 closing their positions.
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
28% more capital invested
Capital invested by funds: $783M → $1B (+$218M)
4% more funds holding
Funds holding: 146 → 152 (+6)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 55
3.49% less ownership
Funds ownership: 99.23% → 95.74% (-3.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$13.5M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$11.1M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$6.14M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$3.79M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$3.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$32.6M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$32.1M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$4.82M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$4.04M |
| 5 |
HP
Harvey Partners
Tarrytown,
New York
|
-$3.67M |
ASTE Hedge Fund Activity: Q2 2020 in Review
152 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Astec Industries (ASTE) for Q2 2020, worth a combined $1B — up 28% from $783M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new ASTE positions and 14 closed out — a net gain of 7 holders — while 53 added to existing stakes and 55 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $13.5M. The largest seller was Victory Capital Management, cutting an estimated $32.6M.
- 152 institutional investors held Astec Industries (ASTE) as of Q2 2020, up from 146 in Q1 2020.
- Funds reported $1B of Astec Industries stock for Q2 2020, up 28% quarter-over-quarter.
- 21 funds opened new Astec Industries positions in Q2 2020 and 14 closed out, a net change of +7 holders.
- The largest Astec Industries buyer in Q2 2020 was Goldman Sachs, an estimated $13.5M added.
- The largest Astec Industries seller in Q2 2020 was Victory Capital Management, an estimated $32.6M sold.
Based on aggregated 13F filings for Q2 2020.