Avient
AVNT
240 hedge funds and large institutions have $2.34B invested in Avient in 2019 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 71 increasing their positions, 97 reducing their positions, and 31 closing their positions.
4% more capital invested
Capital invested by funds: $2.25B → $2.34B (+$86.7M)
0.95% more ownership
Funds ownership: 92.33% → 93.28% (+0.95%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less funds holding
Funds holding: 245 → 240 (-5)
13% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 31
27% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 97
42% less call options, than puts
Call options by funds: $234K | Put options by funds: $405K
Top Buyers
| 1 |
Franklin Resources
San Mateo,
California
|
+$45.2M |
| 2 |
Goldman Sachs
New York
|
+$32.3M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$13.5M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$11.8M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$10.1M |
Top Sellers
| 1 |
Millennium Management
New York
|
-$30.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$21.6M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$13.3M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$13.1M |
| 5 |
D.E. Shaw & Co
New York
|
-$11M |
AVNT Hedge Fund Activity: Q3 2019 in Review
240 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Avient (AVNT) for Q3 2019, worth a combined $2.34B — up 3.9% from $2.25B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of AVNT and 27 opened new positions — a net loss of 4 holders — while 97 trimmed existing stakes and 71 added.
The largest buyer was Franklin Resources, opening a new position worth an estimated $45.2M. The largest seller was Millennium Management, cutting an estimated $30.2M.
- 240 institutional investors held Avient (AVNT) as of Q3 2019, down from 245 in Q2 2019.
- Funds reported $2.34B of Avient stock for Q3 2019, up 3.9% quarter-over-quarter.
- 27 funds opened new Avient positions in Q3 2019 and 31 closed out, a net change of -4 holders.
- The largest Avient buyer in Q3 2019 was Franklin Resources, an estimated $45.2M added.
- The largest Avient seller in Q3 2019 was Millennium Management, an estimated $30.2M sold.
Based on aggregated 13F filings for Q3 2019.