Avery Dennison
774 hedge funds and large institutions have $16.5B invested in Avery Dennison in 2024 Q1 according to their latest regulatory filings, with 99 funds opening new positions, 236 increasing their positions, 280 reducing their positions, and 54 closing their positions.
83% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 54
6% more capital invested
Capital invested by funds: $15.6B → $16.5B (+$920M)
6% more funds holding
Funds holding: 733 → 774 (+41)
3% more call options, than puts
Call options by funds: $20M | Put options by funds: $19.5M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5.31% less ownership
Funds ownership: 97.04% → 91.74% (-5.3%)
16% less repeat investments, than reductions
Existing positions increased: 236 | Existing positions reduced: 280
Top Buyers
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$67.7M |
| 2 |
Neuberger Berman Group
New York
|
+$49M |
| 3 |
Jennison Associates
New York
|
+$41.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$38.2M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$34.1M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$338M |
| 2 |
Cerity Partners
New York
|
-$227M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$140M |
| 4 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$97.5M |
| 5 |
Swedbank
Stockholm,
Sweden
|
-$92.4M |
AVY Hedge Fund Activity: Q1 2024 in Review
774 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Avery Dennison (AVY) for Q1 2024, worth a combined $16.5B — up 5.9% from $15.6B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new AVY positions and 54 closed out — a net gain of 45 holders — while 236 added to existing stakes and 280 trimmed.
The largest buyer was Balyasny Asset Management, adding an estimated $67.7M. The largest seller was Morgan Stanley, cutting an estimated $338M.
- 774 institutional investors held Avery Dennison (AVY) as of Q1 2024, up from 733 in Q4 2023.
- Funds reported $16.5B of Avery Dennison stock for Q1 2024, up 5.9% quarter-over-quarter.
- 99 funds opened new Avery Dennison positions in Q1 2024 and 54 closed out, a net change of +45 holders.
- The largest Avery Dennison buyer in Q1 2024 was Balyasny Asset Management, an estimated $67.7M added.
- The largest Avery Dennison seller in Q1 2024 was Morgan Stanley, an estimated $338M sold.
Based on aggregated 13F filings for Q1 2024.