Astec Industries
ASTE
148 hedge funds and large institutions have $637M invested in Astec Industries in 2024 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 51 increasing their positions, 54 reducing their positions, and 39 closing their positions.
2.3% more ownership
Funds ownership: 92.02% → 94.32% (+2.3%)
6% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 54
12% less funds holding
Funds holding: 168 → 148 (-20)
30% less capital invested
Capital invested by funds: $913M → $637M (-$276M)
46% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 39
80% less call options, than puts
Call options by funds: $56K | Put options by funds: $285K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.6M |
| 2 |
HP
Harvey Partners
Tarrytown,
New York
|
+$5.03M |
| 3 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
+$3.99M |
| 4 |
BlackRock
New York
|
+$3.32M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.93M |
Top Sellers
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$12.9M |
| 2 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$9.17M |
| 3 |
Bank of New York Mellon
New York
|
-$6.01M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$5.01M |
| 5 |
Morgan Stanley
New York
|
-$4.61M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCM
176
Gladius Capital Management
Chicago,
Illinois
| – | -$42.2K | -965 | Closed |
|
177
KBC Group
Brussels,
Belgium
| – | -$38K | -877 | Closed |
|
|
PD
178
Point72 (DIFC)
Dubai,
United Arab Emirates
| – | -$35.1K | -803 | Closed |
|
|
CCM
179
Copeland Capital Management
Conshohocken,
Pennsylvania
| – | -$27.9K | -639 | Closed |
|
|
WIM
180
Westside Investment Management
Santa Monica,
California
| – | -$24.5K | -561 | Closed |
|
|
GEA
181
Glen Eagle Advisors
Kingston,
New Jersey
| – | -$17.5K | -400 | Closed |
|
|
PWMG
182
Private Wealth Management Group
Princeton,
New Jersey
| – | -$1.31K | -30 | Closed |
|
|
FCAS
183
First Command Advisory Services
Fort Worth,
Texas
| – | -$437 | -10 | Closed |
|
|
FGAM
184
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$327 | -7 | Closed |
|
|
AWM
185
Avior Wealth Management
Omaha,
Nebraska
| – | -$262 | -6 | Closed |
|
|
PFBT
186
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$175 | -4 | Closed |
|
|
C
187
Covestor
London,
United Kingdom
| – | +$323 | +9 | +300% |
|
ASTE Hedge Fund Activity: Q2 2024 in Review
148 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Astec Industries (ASTE) for Q2 2024, worth a combined $637M — down 30% from $913M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of ASTE and 21 opened new positions — a net loss of 18 holders — while 54 trimmed existing stakes and 51 added.
The largest buyer was Fidelity Investments, adding an estimated $19.6M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $12.9M sold.
- 148 institutional investors held Astec Industries (ASTE) as of Q2 2024, down from 168 in Q1 2024.
- Funds reported $637M of Astec Industries stock for Q2 2024, down 30% quarter-over-quarter.
- 21 funds opened new Astec Industries positions in Q2 2024 and 39 closed out, a net change of -18 holders.
- The largest Astec Industries buyer in Q2 2024 was Fidelity Investments, an estimated $19.6M added.
- The largest Astec Industries seller in Q2 2024 was Mirae Asset Global Investments, an estimated $12.9M sold.
Based on aggregated 13F filings for Q2 2024.