AZZ Inc
167 hedge funds and large institutions have $1.07B invested in AZZ Inc in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 63 increasing their positions, 52 reducing their positions, and 23 closing their positions.
568% more call options, than puts
Call options by funds: $1.57M | Put options by funds: $235K
21% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 52
13% more capital invested
Capital invested by funds: $948M → $1.07B (+$126M)
0.56% more ownership
Funds ownership: 88.77% → 89.33% (+0.56%)
6% less funds holding
Funds holding: 177 → 167 (-10)
30% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 23
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$20.9M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$19.3M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$9.43M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$3.91M |
| 5 |
Renaissance Technologies
New York
|
+$3.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$10.4M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$8.44M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$5.84M |
| 4 |
SCM
Snyder Capital Management
San Francisco,
California
|
-$5.45M |
| 5 |
CCPM
Cooper Creek Partners Management
New York
|
-$4.19M |
AZZ Hedge Fund Activity: Q2 2019 in Review
167 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in AZZ Inc (AZZ) for Q2 2019, worth a combined $1.07B — up 13% from $948M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of AZZ and 16 opened new positions — a net loss of 7 holders — while 52 trimmed existing stakes and 63 added.
The largest buyer was Nuveen, opening a new position worth an estimated $20.9M. The largest seller was Neuberger Berman Group, cutting an estimated $10.4M.
- 167 institutional investors held AZZ Inc (AZZ) as of Q2 2019, down from 177 in Q1 2019.
- Funds reported $1.07B of AZZ Inc stock for Q2 2019, up 13% quarter-over-quarter.
- 16 funds opened new AZZ Inc positions in Q2 2019 and 23 closed out, a net change of -7 holders.
- The largest AZZ Inc buyer in Q2 2019 was Nuveen, an estimated $20.9M added.
- The largest AZZ Inc seller in Q2 2019 was Neuberger Berman Group, an estimated $10.4M sold.
Based on aggregated 13F filings for Q2 2019.