Avient
AVNT
230 hedge funds and large institutions have $2.29B invested in Avient in 2020 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 78 increasing their positions, 84 reducing their positions, and 26 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
42% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 26
7% more capital invested
Capital invested by funds: $2.14B → $2.29B (+$145M)
5.09% more ownership
Funds ownership: 89.27% → 94.36% (+5.1%)
5% more funds holding
Funds holding: 219 → 230 (+11)
7% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 84
59% less call options, than puts
Call options by funds: $584K | Put options by funds: $1.42M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$85.3M |
| 2 |
Millennium Management
New York
|
+$30.1M |
| 3 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$28M |
| 4 |
SAM
Scopus Asset Management
New York
|
+$8.14M |
| 5 |
Retirement Systems of Alabama
Montgomery,
Alabama
|
+$7.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$11M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$10.7M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$10.1M |
| 5 |
BlackRock
New York
|
-$8.86M |
AVNT Hedge Fund Activity: Q3 2020 in Review
230 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Avient (AVNT) for Q3 2020, worth a combined $2.29B — up 6.8% from $2.14B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new AVNT positions and 26 closed out — a net gain of 11 holders — while 78 added to existing stakes and 84 trimmed.
The largest buyer was Franklin Resources, opening a new position worth an estimated $85.3M. The largest seller was Vanguard Group, cutting an estimated $12M.
- 230 institutional investors held Avient (AVNT) as of Q3 2020, up from 219 in Q2 2020.
- Funds reported $2.29B of Avient stock for Q3 2020, up 6.8% quarter-over-quarter.
- 37 funds opened new Avient positions in Q3 2020 and 26 closed out, a net change of +11 holders.
- The largest Avient buyer in Q3 2020 was Franklin Resources, an estimated $85.3M added.
- The largest Avient seller in Q3 2020 was Vanguard Group, an estimated $12M sold.
Based on aggregated 13F filings for Q3 2020.