Brady Corp
148 hedge funds and large institutions have $1.07B invested in Brady Corp in 2014 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 48 increasing their positions, 57 reducing their positions, and 27 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
190% more call options, than puts
Call options by funds: $1.31M | Put options by funds: $451K
21% more capital invested
Capital invested by funds: $890M → $1.07B (+$183M)
0.88% less ownership
Funds ownership: 83.15% → 82.27% (-0.88%)
6% less funds holding
Funds holding: 158 → 148 (-10)
16% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 57
26% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$14.2M |
| 2 |
TAM
Tocqueville Asset Management
New York
|
+$9.6M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$7.09M |
| 4 |
NAM
Netols Asset Management
Mequon,
Wisconsin
|
+$6.17M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$17.4M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$13.7M |
| 3 |
JP Morgan Chase
New York
|
-$6.31M |
| 4 |
HCM
Highbridge Capital Management
New York
|
-$5.46M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$4.63M |
BRC Hedge Fund Activity: Q4 2014 in Review
148 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Brady Corp (BRC) for Q4 2014, worth a combined $1.07B — up 21% from $890M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of BRC and 20 opened new positions — a net loss of 7 holders — while 57 trimmed existing stakes and 48 added.
The largest buyer was Frontier Capital Management, opening a new position worth an estimated $14.2M. The largest seller was Royce & Associates, cutting an estimated $17.4M.
- 148 institutional investors held Brady Corp (BRC) as of Q4 2014, down from 158 in Q3 2014.
- Funds reported $1.07B of Brady Corp stock for Q4 2014, up 21% quarter-over-quarter.
- 20 funds opened new Brady Corp positions in Q4 2014 and 27 closed out, a net change of -7 holders.
- The largest Brady Corp buyer in Q4 2014 was Frontier Capital Management, an estimated $14.2M added.
- The largest Brady Corp seller in Q4 2014 was Royce & Associates, an estimated $17.4M sold.
Based on aggregated 13F filings for Q4 2014.