AZZ Inc
171 hedge funds and large institutions have $884M invested in AZZ Inc in 2013 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 62 increasing their positions, 65 reducing their positions, and 31 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
16% more capital invested
Capital invested by funds: $764M → $884M (+$120M)
3.65% more ownership
Funds ownership: 79.58% → 83.23% (+3.6%)
3% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 31
0% more funds holding
Funds holding: 171 → 171 (0)
5% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 65
52% less call options, than puts
Call options by funds: $1.45M | Put options by funds: $3.04M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$33.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.1M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$13.6M |
| 4 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$13.1M |
| 5 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$41.1M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
-$29.1M |
| 3 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$20.2M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$8.31M |
| 5 |
Morgan Stanley
New York
|
-$5.57M |
AZZ Hedge Fund Activity: Q3 2013 in Review
171 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in AZZ Inc (AZZ) for Q3 2013, worth a combined $884M — up 16% from $764M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new AZZ positions and 31 closed out — a net gain of 1 holder — while 62 added to existing stakes and 65 trimmed.
The largest buyer was Allianz Asset Management, adding an estimated $33.7M. The largest seller was Royce & Associates, cutting an estimated $41.1M.
- 171 institutional investors held AZZ Inc (AZZ) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $884M of AZZ Inc stock for Q3 2013, up 16% quarter-over-quarter.
- 32 funds opened new AZZ Inc positions in Q3 2013 and 31 closed out, a net change of +1 holder.
- The largest AZZ Inc buyer in Q3 2013 was Allianz Asset Management, an estimated $33.7M added.
- The largest AZZ Inc seller in Q3 2013 was Royce & Associates, an estimated $41.1M sold.
Based on aggregated 13F filings for Q3 2013.