Astronics
ATRO
113 hedge funds and large institutions have $553M invested in Astronics in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 37 increasing their positions, 38 reducing their positions, and 19 closing their positions.
3% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 38
4% less capital invested
Capital invested by funds: $574M → $553M (-$21M)
2.74% less ownership
Funds ownership: 120.12% → 117.37% (-2.7%)
7% less funds holding
Funds holding: 121 → 113 (-8)
42% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 19
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
PIM
Paradice Investment Management
Denver,
Colorado
|
+$14M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$13.9M |
| 3 |
IVA
International Value Advisers
|
+$11.5M |
| 4 |
BlackRock
New York
|
+$11.1M |
| 5 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
+$5.49M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Tudor Investment Corp
Stamford,
Connecticut
| – | -$296K | -13,423 | Closed |
|
|
BFM
127
Boothbay Fund Management
New York
| – | -$239K | -10,811 | Closed |
|
|
AIM
128
Acrospire Investment Management
Chicago,
Illinois
| – | -$50K | -2,270 | Closed |
|
|
FDCDDQ
129
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$12.2K | -552 | Closed |
|
|
PAM
130
Panagora Asset Management
Boston,
Massachusetts
| – | -$10K | -457 | Closed |
|
|
PFBT
131
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$4K | -179 | Closed |
|
|
FHA
132
First Horizon Advisors
Memphis,
Tennessee
| – | -$1K | -106 | Closed |
|
ATRO Hedge Fund Activity: Q3 2017 in Review
113 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Astronics (ATRO) for Q3 2017, worth a combined $553M — down 3.7% from $574M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of ATRO and 11 opened new positions — a net loss of 8 holders — while 38 trimmed existing stakes and 37 added.
The largest buyer was Paradice Investment Management, opening a new position worth an estimated $14M. The largest seller was PNC Financial Services Group, cutting an estimated $32M.
- 113 institutional investors held Astronics (ATRO) as of Q3 2017, down from 121 in Q2 2017.
- Funds reported $553M of Astronics stock for Q3 2017, down 3.7% quarter-over-quarter.
- 11 funds opened new Astronics positions in Q3 2017 and 19 closed out, a net change of -8 holders.
- The largest Astronics buyer in Q3 2017 was Paradice Investment Management, an estimated $14M added.
- The largest Astronics seller in Q3 2017 was PNC Financial Services Group, an estimated $32M sold.
Based on aggregated 13F filings for Q3 2017.