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AZZ Inc
AZZ

176 hedge funds and large institutions have $917M invested in AZZ Inc in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 62 increasing their positions, 65 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

7% more capital invested

Capital invested by funds: $854M → $917M (+$62.4M)

0.35% less ownership

Funds ownership: 89.57% → 89.22% (-0.35%)

5% less repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 65

5% less funds holding

Funds holding: 186 → 176 (-10)

37% less call options, than puts

Call options by funds: $1.1M | Put options by funds: $1.74M

40% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 20

Holders
176
Holders Change
-10
Holders Change %
-5.38%
% of All Funds
2.8%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
12
Increased
62
Reduced
65
Closed
20
Calls
$1.1M
Puts
$1.74M
Net Calls
-$639K
Net Calls Change
-$120K

Top Buyers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
+$13.4M
2
HP
Harvey Partners
New York
+$2.87M
3
BCM
Bridgeway Capital Management
Texas
+$2.74M
4
JP Morgan Chase
JP Morgan Chase
New York
+$1.82M
5
SBH
Segall Bryant & Hamill
Illinois
+$1.56M

Top Sellers

Rank Fund Capital Flow
1
Millennium Management
Millennium Management
New York
-$9.37M
2
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
-$4.13M
3
Assenagon Asset Management
Assenagon Asset Management
Luxembourg
-$2.38M
4
BlackRock
BlackRock
New York
-$2.3M
5
N
Nuveen
North Carolina
-$2.24M
Name Holding Trade Value Shares
Change 		Change in
Stake
NYLIM
101
New York Life Investment Management
New York
$483K -$1.97K -48 -0.4%
LSERS
102
Louisiana State Employees Retirement System
Louisiana
$478K -$8.2K -200 -2%
Citigroup
103
Citigroup
New York
$470K -$143K -3,489 -23%
State Board of Administration of Florida Retirement System
104
State Board of Administration of Florida Retirement System
Florida
$458K – – –
Mercer Global Advisors
105
Mercer Global Advisors
Colorado
$452K +$47K +1,146 +12%
Mirae Asset Global Investments
106
Mirae Asset Global Investments
South Korea
$447K +$17.1K +418 +4%
Squarepoint
107
Squarepoint
New York
$447K -$477K -11,637 -52%
AB
108
Amalgamated Bank
New York
$428K -$34.5K -843 -8%
MSRPS
109
Maryland State Retirement & Pension System
Maryland
$413K -$6.76K -165 -2%
Victory Capital Management
110
Victory Capital Management
Texas
$411K -$367K -8,966 -47%
HCP
111
Holt Capital Partners
Texas
$410K +$42.9K +1,048 +12%
HF
112
HRT Financial
New York
$396K -$27.7K -675 -7%
MAM
113
Martingale Asset Management
Massachusetts
$392K – – –
Manulife (Manufacturers Life Insurance)
114
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$392K – – –
Jacobs Levy Equity Management
115
Jacobs Levy Equity Management
New Jersey
$391K -$229K -5,578 -37%
CWA
116
CM Wealth Advisors
Ohio
$383K +$424K +10,352 New
Renaissance Technologies
117
Renaissance Technologies
New York
$351K -$892K -21,781 -72%
Two Sigma Investments
118
Two Sigma Investments
New York
$340K -$398K -9,711 -54%
OPERF
119
Oregon Public Employees Retirement Fund
Oregon
$329K -$11.5K -280 -3%
TRSOTSOK
120
Teachers Retirement System of the State of Kentucky
Kentucky
$312K – – –
ASRS
121
Arizona State Retirement System
Arizona
$297K +$8.56K +209 +3%
LPL Financial
122
LPL Financial
California
$283K +$369 +9 +0.1%
PAM
123
Panagora Asset Management
Massachusetts
$270K -$216K -5,270 -45%
Wells Fargo
124
Wells Fargo
California
$268K +$206K +5,036 +345%
GHA
125
GW Henssler & Associates
Georgia
$247K +$3.24K +79 +1%
3 4
5
6 7

AZZ Hedge Fund Activity: Q1 2023 in Review

176 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in AZZ Inc (AZZ) for Q1 2023, worth a combined $917M — up 7.3% from $854M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of AZZ and 12 opened new positions — a net loss of 8 holders — while 65 trimmed existing stakes and 62 added.

The largest buyer was Goldman Sachs, adding an estimated $13.4M. The largest seller was Millennium Management, cutting an estimated $9.37M.

  • 176 institutional investors held AZZ Inc (AZZ) as of Q1 2023, down from 186 in Q4 2022.
  • Funds reported $917M of AZZ Inc stock for Q1 2023, up 7.3% quarter-over-quarter.
  • 12 funds opened new AZZ Inc positions in Q1 2023 and 20 closed out, a net change of -8 holders.
  • The largest AZZ Inc buyer in Q1 2023 was Goldman Sachs, an estimated $13.4M added.
  • The largest AZZ Inc seller in Q1 2023 was Millennium Management, an estimated $9.37M sold.

Based on aggregated 13F filings for Q1 2023.