Armstrong World Industries
265 hedge funds and large institutions have $3.24B invested in Armstrong World Industries in 2023 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 101 increasing their positions, 95 reducing their positions, and 36 closing their positions.
11% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 36
6% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 95
4% more capital invested
Capital invested by funds: $3.1B → $3.24B (+$134M)
1% more funds holding
Funds holding: 263 → 265 (+2)
1.34% less ownership
Funds ownership: 101.19% → 99.85% (-1.3%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
84% less call options, than puts
Call options by funds: $492K | Put options by funds: $3.07M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Southpoint Capital Advisors
New York
|
+$127M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$44M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$27M |
| 4 |
JP Morgan Chase
New York
|
+$24.8M |
| 5 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$108M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$58.5M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$41.4M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$36M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$15.4M |
AWI Hedge Fund Activity: Q1 2023 in Review
265 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Armstrong World Industries (AWI) for Q1 2023, worth a combined $3.24B — up 4.3% from $3.1B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new AWI positions and 36 closed out — a net gain of 4 holders — while 101 added to existing stakes and 95 trimmed.
The largest buyer was Southpoint Capital Advisors, opening a new position worth an estimated $127M. The largest seller was Lazard Asset Management, cutting an estimated $108M.
- 265 institutional investors held Armstrong World Industries (AWI) as of Q1 2023, up from 263 in Q4 2022.
- Funds reported $3.24B of Armstrong World Industries stock for Q1 2023, up 4.3% quarter-over-quarter.
- 40 funds opened new Armstrong World Industries positions in Q1 2023 and 36 closed out, a net change of +4 holders.
- The largest Armstrong World Industries buyer in Q1 2023 was Southpoint Capital Advisors, an estimated $127M added.
- The largest Armstrong World Industries seller in Q1 2023 was Lazard Asset Management, an estimated $108M sold.
Based on aggregated 13F filings for Q1 2023.