Astec Industries
ASTE
127 hedge funds and large institutions have $816M invested in Astec Industries in 2014 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 37 increasing their positions, 51 reducing their positions, and 12 closing their positions.
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
3% more funds holding
Funds holding: 123 → 127 (+4)
2% more capital invested
Capital invested by funds: $799M → $816M (+$17.5M)
27% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 51
83% less call options, than puts
Call options by funds: $54K | Put options by funds: $316K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$27M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$12.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$9.31M |
| 4 |
BA
Broadview Advisors
Milwaukee,
Wisconsin
|
+$8.37M |
| 5 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$7.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
-$14.7M |
| 2 |
BCIM
Black Creek Investment Management
Toronto,
Ontario, Canada
|
-$13.4M |
| 3 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$11.9M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$7.69M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$4.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GAM
126
Gemmer Asset Management
Walnut Creek,
California
| $2K | – | – | – |
|
|
BCIM
127
Black Creek Investment Management
Toronto,
Ontario, Canada
| – | -$13.4M | -304,984 | Closed |
|
|
128
CI Investments Inc
Toronto,
Ontario, Canada
| – | -$11.9M | -270,347 | Closed |
|
|
SCA
129
SAC Capital Advisors
Stamford,
Connecticut
| – | -$5.18M | -118,030 | Closed |
|
|
VBCP
130
Vollero Beach Capital Partners
New York
| – | -$1.94M | -44,193 | Closed |
|
|
AR
131
Advisory Research
Chicago,
Illinois
| – | -$803K | -18,290 | Closed |
|
|
TC
132
TFS Capital
West Chester,
Pennsylvania
| – | -$795K | -18,111 | Closed |
|
|
DC
133
Deere & Company
Moline,
Illinois
| – | -$772K | -17,582 | Closed |
|
134
Millennium Management
New York
| – | -$306K | -6,976 | Closed |
|
|
FMT
135
First Mercantile Trust
Cordova,
Tennessee
| – | -$191K | -4,355 | Closed |
|
|
AP
136
Advisors Preferred
Rockville,
Maryland
| – | -$79.2K | -1,804 | Closed |
|
|
TRCT
137
Tower Research Capital (TRC)
New York
| – | -$5K | -114 | Closed |
|
|
ECM
138
ETrade Capital Management
Arlington,
Virginia
| – | -$2K | -51 | Closed |
|
ASTE Hedge Fund Activity: Q2 2014 in Review
127 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Astec Industries (ASTE) for Q2 2014, worth a combined $816M — up 2.2% from $799M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new ASTE positions and 12 closed out — a net gain of 5 holders — while 37 added to existing stakes and 51 trimmed.
The largest buyer was Franklin Resources, adding an estimated $27M. The largest seller was Van Den Berg Management I, cutting an estimated $14.7M.
- 127 institutional investors held Astec Industries (ASTE) as of Q2 2014, up from 123 in Q1 2014.
- Funds reported $816M of Astec Industries stock for Q2 2014, up 2.2% quarter-over-quarter.
- 17 funds opened new Astec Industries positions in Q2 2014 and 12 closed out, a net change of +5 holders.
- The largest Astec Industries buyer in Q2 2014 was Franklin Resources, an estimated $27M added.
- The largest Astec Industries seller in Q2 2014 was Van Den Berg Management I, an estimated $14.7M sold.
Based on aggregated 13F filings for Q2 2014.