AZZ Inc
148 hedge funds and large institutions have $1.09B invested in AZZ Inc in 2018 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 62 increasing their positions, 43 reducing their positions, and 18 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 43
3.92% more ownership
Funds ownership: 92.59% → 96.5% (+3.9%)
5% less funds holding
Funds holding: 156 → 148 (-8)
11% less capital invested
Capital invested by funds: $1.23B → $1.09B (-$133M)
35% less call options, than puts
Call options by funds: $346K | Put options by funds: $535K
44% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$29.8M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$11.2M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$5.99M |
| 4 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$5.2M |
| 5 |
LC
Loews Corp
New York
|
+$4.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$20.8M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$6.58M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$5.31M |
| 4 |
Neuberger Berman Group
New York
|
-$2.14M |
| 5 |
MOACM
Mutual of America Capital Management
New York
|
-$2.06M |
AZZ Hedge Fund Activity: Q1 2018 in Review
148 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in AZZ Inc (AZZ) for Q1 2018, worth a combined $1.09B — down 11% from $1.23B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of AZZ and 10 opened new positions — a net loss of 8 holders — while 43 trimmed existing stakes and 62 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $29.8M. The largest seller was Royal Bank of Canada, cutting an estimated $20.8M.
- 148 institutional investors held AZZ Inc (AZZ) as of Q1 2018, down from 156 in Q4 2017.
- Funds reported $1.09B of AZZ Inc stock for Q1 2018, down 11% quarter-over-quarter.
- 10 funds opened new AZZ Inc positions in Q1 2018 and 18 closed out, a net change of -8 holders.
- The largest AZZ Inc buyer in Q1 2018 was DePrince Race & Zollo Inc (DRZ), an estimated $29.8M added.
- The largest AZZ Inc seller in Q1 2018 was Royal Bank of Canada, an estimated $20.8M sold.
Based on aggregated 13F filings for Q1 2018.