Avient
AVNT
245 hedge funds and large institutions have $2.25B invested in Avient in 2019 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 94 increasing their positions, 83 reducing their positions, and 48 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 83
5% more capital invested
Capital invested by funds: $2.15B → $2.25B (+$109M)
8% more call options, than puts
Call options by funds: $530K | Put options by funds: $492K
1.83% less ownership
Funds ownership: 94.16% → 92.33% (-1.8%)
8% less funds holding
Funds holding: 266 → 245 (-21)
31% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$27.8M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$26.6M |
| 3 |
Millennium Management
New York
|
+$22.6M |
| 4 |
BlackRock
New York
|
+$13.8M |
| 5 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$74.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$47.8M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$42.8M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$20.7M |
| 5 |
Jennison Associates
New York
|
-$13.1M |
AVNT Hedge Fund Activity: Q2 2019 in Review
245 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Avient (AVNT) for Q2 2019, worth a combined $2.25B — up 5.1% from $2.15B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of AVNT and 33 opened new positions — a net loss of 15 holders — while 83 trimmed existing stakes and 94 added.
The largest buyer was Nuveen, opening a new position worth an estimated $27.8M. The largest seller was AllianceBernstein, cutting an estimated $74.7M.
- 245 institutional investors held Avient (AVNT) as of Q2 2019, down from 266 in Q1 2019.
- Funds reported $2.25B of Avient stock for Q2 2019, up 5.1% quarter-over-quarter.
- 33 funds opened new Avient positions in Q2 2019 and 48 closed out, a net change of -15 holders.
- The largest Avient buyer in Q2 2019 was Nuveen, an estimated $27.8M added.
- The largest Avient seller in Q2 2019 was AllianceBernstein, an estimated $74.7M sold.
Based on aggregated 13F filings for Q2 2019.