Avient
AVNT
266 hedge funds and large institutions have $2.14B invested in Avient in 2019 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 83 increasing their positions, 90 reducing their positions, and 25 closing their positions.
72% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 25
6% more funds holding
Funds holding: 250 → 266 (+16)
2.69% more ownership
Funds ownership: 91.26% → 93.95% (+2.7%)
3% more capital invested
Capital invested by funds: $2.08B → $2.14B (+$54.4M)
8% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 90
49% less call options, than puts
Call options by funds: $307K | Put options by funds: $607K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$17.7M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$16.9M |
| 3 |
Man Group
London,
United Kingdom
|
+$11.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$7.68M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$7.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$52.1M |
| 2 |
CCM
Channing Capital Management
Chicago,
Illinois
|
-$12.6M |
| 3 |
Morgan Stanley
New York
|
-$11.6M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$10.8M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$10M |
AVNT Hedge Fund Activity: Q1 2019 in Review
266 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Avient (AVNT) for Q1 2019, worth a combined $2.14B — up 2.6% from $2.08B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new AVNT positions and 25 closed out — a net gain of 18 holders — while 83 added to existing stakes and 90 trimmed.
The largest buyer was Millennium Management, adding an estimated $17.7M. The largest seller was Wellington Management Group, cutting an estimated $52.1M.
- 266 institutional investors held Avient (AVNT) as of Q1 2019, up from 250 in Q4 2018.
- Funds reported $2.14B of Avient stock for Q1 2019, up 2.6% quarter-over-quarter.
- 43 funds opened new Avient positions in Q1 2019 and 25 closed out, a net change of +18 holders.
- The largest Avient buyer in Q1 2019 was Millennium Management, an estimated $17.7M added.
- The largest Avient seller in Q1 2019 was Wellington Management Group, an estimated $52.1M sold.
Based on aggregated 13F filings for Q1 2019.