Avery Dennison
613 hedge funds and large institutions have $11.5B invested in Avery Dennison in 2020 Q4 according to their latest regulatory filings, with 94 funds opening new positions, 186 increasing their positions, 229 reducing their positions, and 30 closing their positions.
213% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 30
20% more capital invested
Capital invested by funds: $9.6B → $11.5B (+$1.9B)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
11% more funds holding
Funds holding: 554 → 613 (+59)
1.3% less ownership
Funds ownership: 90.08% → 88.78% (-1.3%)
19% less repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 229
52% less call options, than puts
Call options by funds: $4.88M | Put options by funds: $10.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$76.9M |
| 2 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$53.8M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$52.4M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$43.7M |
| 5 |
WIM
Waverton Investment Management
London,
United Kingdom
|
+$39.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$100M |
| 2 |
SOMRS
State of Michigan Retirement System
Lansing,
Michigan
|
-$46.3M |
| 3 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$44M |
| 4 |
Bank of New York Mellon
New York
|
-$44M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$42.1M |
AVY Hedge Fund Activity: Q4 2020 in Review
613 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Avery Dennison (AVY) for Q4 2020, worth a combined $11.5B — up 20% from $9.6B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new AVY positions and 30 closed out — a net gain of 64 holders — while 186 added to existing stakes and 229 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $76.9M. The largest seller was Ceredex Value Advisors, cutting an estimated $100M.
- 613 institutional investors held Avery Dennison (AVY) as of Q4 2020, up from 554 in Q3 2020.
- Funds reported $11.5B of Avery Dennison stock for Q4 2020, up 20% quarter-over-quarter.
- 94 funds opened new Avery Dennison positions in Q4 2020 and 30 closed out, a net change of +64 holders.
- The largest Avery Dennison buyer in Q4 2020 was Citadel Advisors, an estimated $76.9M added.
- The largest Avery Dennison seller in Q4 2020 was Ceredex Value Advisors, an estimated $100M sold.
Based on aggregated 13F filings for Q4 2020.