Avient
AVNT
257 hedge funds and large institutions have $3.03B invested in Avient in 2014 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 94 increasing their positions, 90 reducing their positions, and 30 closing their positions.
53% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 30
6% more funds holding
Funds holding: 243 → 257 (+14)
4% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 90
0.46% less ownership
Funds ownership: 92.77% → 92.31% (-0.46%)
18% less capital invested
Capital invested by funds: $3.68B → $3.03B (-$647M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
78% less call options, than puts
Call options by funds: $302K | Put options by funds: $1.34M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$19.4M |
| 2 |
SO
STRS Ohio
Columbus,
Ohio
|
+$16.3M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$15.1M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$14.4M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$81.7M |
| 2 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$43.7M |
| 3 |
O
OppenheimerFunds
New York
|
-$30.9M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$28.5M |
| 5 |
Goldman Sachs
New York
|
-$27.6M |
AVNT Hedge Fund Activity: Q3 2014 in Review
257 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Avient (AVNT) for Q3 2014, worth a combined $3.03B — down 18% from $3.68B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new AVNT positions and 30 closed out — a net gain of 16 holders — while 94 added to existing stakes and 90 trimmed.
The largest buyer was Millennium Management, adding an estimated $19.4M. The largest seller was Iridian Asset Management, exiting entirely with an estimated $81.7M sold.
- 257 institutional investors held Avient (AVNT) as of Q3 2014, up from 243 in Q2 2014.
- Funds reported $3.03B of Avient stock for Q3 2014, down 18% quarter-over-quarter.
- 46 funds opened new Avient positions in Q3 2014 and 30 closed out, a net change of +16 holders.
- The largest Avient buyer in Q3 2014 was Millennium Management, an estimated $19.4M added.
- The largest Avient seller in Q3 2014 was Iridian Asset Management, an estimated $81.7M sold.
Based on aggregated 13F filings for Q3 2014.