Astec Industries
ASTE
120 hedge funds and large institutions have $700M invested in Astec Industries in 2013 Q4 according to their latest regulatory filings, with 6 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: $647M → $700M (+$53M)
3% less funds holding
Funds holding: 124 → 120 (-4)
40% less first-time investments, than exits
New positions opened: 6 | 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 |
ASTE Hedge Fund Activity: Q4 2013 in Review
120 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Astec Industries (ASTE) for Q4 2013, worth a combined $700M — up 8.2% from $647M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ASTE and 6 opened new positions — a net loss of 4 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.
- 120 institutional investors held Astec Industries (ASTE) as of Q4 2013, down from 124 in Q3 2013.
- Funds reported $700M of Astec Industries stock for Q4 2013, up 8.2% quarter-over-quarter.
- 6 funds opened new Astec Industries positions in Q4 2013 and 10 closed out, a net change of -4 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.