Avient
AVNT
250 hedge funds and large institutions have $2.49B invested in Avient in 2016 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 101 increasing their positions, 73 reducing their positions, and 27 closing their positions.
44% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 27
38% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 73
4% more funds holding
Funds holding: 241 → 250 (+9)
0.2% less ownership
Funds ownership: 93.08% → 92.88% (-0.2%)
5% less capital invested
Capital invested by funds: $2.62B → $2.49B (-$122M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$18.2M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$18M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$11.5M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$10.8M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
-$61.3M |
| 2 |
Goldman Sachs
New York
|
-$25.6M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$19.9M |
| 4 |
SO
STRS Ohio
Columbus,
Ohio
|
-$15.3M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$9.93M |
AVNT Hedge Fund Activity: Q4 2016 in Review
250 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Avient (AVNT) for Q4 2016, worth a combined $2.49B — down 4.7% from $2.62B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new AVNT positions and 27 closed out — a net gain of 12 holders — while 101 added to existing stakes and 73 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $18.2M. The largest seller was Westfield Capital Management, exiting entirely with an estimated $61.3M sold.
- 250 institutional investors held Avient (AVNT) as of Q4 2016, up from 241 in Q3 2016.
- Funds reported $2.49B of Avient stock for Q4 2016, down 4.7% quarter-over-quarter.
- 39 funds opened new Avient positions in Q4 2016 and 27 closed out, a net change of +12 holders.
- The largest Avient buyer in Q4 2016 was Wellington Management Group, an estimated $18.2M added.
- The largest Avient seller in Q4 2016 was Westfield Capital Management, an estimated $61.3M sold.
Based on aggregated 13F filings for Q4 2016.