Avery Dennison
AVY
567 hedge funds and large institutions have $8.5B invested in Avery Dennison in 2020 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 184 increasing their positions, 212 reducing their positions, and 48 closing their positions.
52% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 48
9% more capital invested
Capital invested by funds: $7.81B → $8.5B (+$689M)
4% more funds holding
Funds holding: 546 → 567 (+21)
4% less call options, than puts
Call options by funds: $5.83M | Put options by funds: $6.05M
2.77% less ownership
Funds ownership: 92.26% → 89.48% (-2.8%)
13% less repeat investments, than reductions
Existing positions increased: 184 | Existing positions reduced: 212
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$90.9M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$67M |
| 3 |
Lazard Asset Management
New York
|
+$48.1M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$41.4M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$31.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$179M |
| 2 |
JP Morgan Chase
New York
|
-$150M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$30.4M |
| 4 |
Neuberger Berman Group
New York
|
-$30M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$28.9M |
AVY Hedge Fund Activity: Q2 2020 in Review
567 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Avery Dennison (AVY) for Q2 2020, worth a combined $8.5B — up 8.8% from $7.81B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new AVY positions and 48 closed out — a net gain of 25 holders — while 184 added to existing stakes and 212 trimmed.
The largest buyer was Ceredex Value Advisors, adding an estimated $90.9M. The largest seller was Victory Capital Management, cutting an estimated $179M.
- 567 institutional investors held Avery Dennison (AVY) as of Q2 2020, up from 546 in Q1 2020.
- Funds reported $8.5B of Avery Dennison stock for Q2 2020, up 8.8% quarter-over-quarter.
- 73 funds opened new Avery Dennison positions in Q2 2020 and 48 closed out, a net change of +25 holders.
- The largest Avery Dennison buyer in Q2 2020 was Ceredex Value Advisors, an estimated $90.9M added.
- The largest Avery Dennison seller in Q2 2020 was Victory Capital Management, an estimated $179M sold.
Based on aggregated 13F filings for Q2 2020.