AZZ Inc
171 hedge funds and large institutions have $934M invested in AZZ Inc in 2019 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 66 increasing their positions, 45 reducing their positions, and 15 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 45
40% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 15
2% more funds holding
Funds holding: 167 → 171 (+4)
4% more call options, than puts
Call options by funds: $287K | Put options by funds: $277K
1.22% less ownership
Funds ownership: 89.33% → 88.11% (-1.2%)
13% less capital invested
Capital invested by funds: $1.07B → $934M (-$140M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$8.37M |
| 2 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$7.79M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$5.44M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.89M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$3.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$44.1M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$12.1M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$5.06M |
| 4 |
Millennium Management
New York
|
-$3.11M |
| 5 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$2.91M |
AZZ Hedge Fund Activity: Q3 2019 in Review
171 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in AZZ Inc (AZZ) for Q3 2019, worth a combined $934M — down 13% from $1.07B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new AZZ positions and 15 closed out — a net gain of 6 holders — while 66 added to existing stakes and 45 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $8.37M. The largest seller was Neuberger Berman Group, cutting an estimated $44.1M.
- 171 institutional investors held AZZ Inc (AZZ) as of Q3 2019, up from 167 in Q2 2019.
- Funds reported $934M of AZZ Inc stock for Q3 2019, down 13% quarter-over-quarter.
- 21 funds opened new AZZ Inc positions in Q3 2019 and 15 closed out, a net change of +6 holders.
- The largest AZZ Inc buyer in Q3 2019 was Citadel Advisors, an estimated $8.37M added.
- The largest AZZ Inc seller in Q3 2019 was Neuberger Berman Group, an estimated $44.1M sold.
Based on aggregated 13F filings for Q3 2019.