Astec Industries
ASTE
119 hedge funds and large institutions have $699M invested in Astec Industries in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 53 increasing their positions, 42 reducing their positions, and 10 closing their positions.
396% more call options, than puts
Call options by funds: $595K | Put options by funds: $120K
26% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 42
8% more capital invested
Capital invested by funds: $646M → $699M (+$53M)
4% less funds holding
Funds holding: 124 → 119 (-5)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$4.25M |
| 2 |
RA
Royce & Associates
New York
|
+$3.28M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$2.22M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.18M |
| 5 |
BCIM
Black Creek Investment Management
Toronto,
Ontario, Canada
|
+$2.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$10.3M |
| 2 |
KBG
Kahn Brothers Group
New York
|
-$3.76M |
| 3 |
GECH
Garnet Equity Capital Holdings
New York
|
-$2.58M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$2.21M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.15M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
SG Americas Securities
New York
| – | -$113K | -3,155 | Closed |
|
|
MWNA
127
Marshall Wace North America
New York
| – | -$110K | -3,064 | Closed |
|
128
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$46K | -1,271 | Closed |
|
129
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$9K | -245 | Closed |
|
ASTE Hedge Fund Activity: Q4 2013 in Review
119 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Astec Industries (ASTE) for Q4 2013, worth a combined $699M — up 8.2% from $646M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ASTE and 5 opened new positions — a net loss of 5 holders — while 42 trimmed existing stakes and 53 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $4.25M. The largest seller was Ameriprise, cutting an estimated $10.3M.
- 119 institutional investors held Astec Industries (ASTE) as of Q4 2013, down from 124 in Q3 2013.
- Funds reported $699M of Astec Industries stock for Q4 2013, up 8.2% quarter-over-quarter.
- 5 funds opened new Astec Industries positions in Q4 2013 and 10 closed out, a net change of -5 holders.
- The largest Astec Industries buyer in Q4 2013 was DePrince Race & Zollo Inc (DRZ), an estimated $4.25M added.
- The largest Astec Industries seller in Q4 2013 was Ameriprise, an estimated $10.3M sold.
Based on aggregated 13F filings for Q4 2013.