Brady Corp
157 hedge funds and large institutions have $889M invested in Brady Corp in 2014 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 64 increasing their positions, 54 reducing their positions, and 21 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 54
3.56% more ownership
Funds ownership: 79.59% → 83.15% (+3.6%)
2% less funds holding
Funds holding: 161 → 157 (-4)
14% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 21
21% less capital invested
Capital invested by funds: $1.13B → $889M (-$243M)
98% less call options, than puts
Call options by funds: $25K | Put options by funds: $1.12M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pzena Investment Management
New York
|
+$46.4M |
| 2 |
AI
Ariel Investments
Chicago,
Illinois
|
+$28.1M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$15.7M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$8.99M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$6.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$22.6M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$10.6M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$9.07M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$8.95M |
| 5 |
RA
Royce & Associates
New York
|
-$8.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Group One Trading
Chicago,
Illinois
| – | -$1K | -37 | Closed |
|
BRC Hedge Fund Activity: Q3 2014 in Review
157 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Brady Corp (BRC) for Q3 2014, worth a combined $889M — down 21% from $1.13B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of BRC and 18 opened new positions — a net loss of 3 holders — while 54 trimmed existing stakes and 64 added.
The largest buyer was Pzena Investment Management, opening a new position worth an estimated $46.4M. The largest seller was Franklin Resources, cutting an estimated $22.6M.
- 157 institutional investors held Brady Corp (BRC) as of Q3 2014, down from 161 in Q2 2014.
- Funds reported $889M of Brady Corp stock for Q3 2014, down 21% quarter-over-quarter.
- 18 funds opened new Brady Corp positions in Q3 2014 and 21 closed out, a net change of -3 holders.
- The largest Brady Corp buyer in Q3 2014 was Pzena Investment Management, an estimated $46.4M added.
- The largest Brady Corp seller in Q3 2014 was Franklin Resources, an estimated $22.6M sold.
Based on aggregated 13F filings for Q3 2014.