Brady Corp
135 hedge funds and large institutions have $805M invested in Brady Corp in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 53 increasing their positions, 44 reducing their positions, and 21 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 44
1.18% less ownership
Funds ownership: 87.03% → 85.85% (-1.2%)
5% less funds holding
Funds holding: 142 → 135 (-7)
22% less capital invested
Capital invested by funds: $1.03B → $805M (-$223M)
29% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 21
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$11.2M |
| 2 |
JP Morgan Chase
New York
|
+$11.1M |
| 3 |
Renaissance Technologies
New York
|
+$6.07M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.28M |
| 5 |
OCM
Olstein Capital Management
Purchase,
New York
|
+$4.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DGI
Disciplined Growth Investors
Minneapolis,
Minnesota
|
-$16M |
| 2 |
RA
Royce & Associates
New York
|
-$13.8M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$8.14M |
| 4 |
LAM
Lapides Asset Management
Greenwich,
Connecticut
|
-$6.44M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$3.42M |
BRC Hedge Fund Activity: Q3 2015 in Review
135 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Brady Corp (BRC) for Q3 2015, worth a combined $805M — down 22% from $1.03B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of BRC and 15 opened new positions — a net loss of 6 holders — while 44 trimmed existing stakes and 53 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $11.2M. The largest seller was Disciplined Growth Investors, exiting entirely with an estimated $16M sold.
- 135 institutional investors held Brady Corp (BRC) as of Q3 2015, down from 142 in Q2 2015.
- Funds reported $805M of Brady Corp stock for Q3 2015, down 22% quarter-over-quarter.
- 15 funds opened new Brady Corp positions in Q3 2015 and 21 closed out, a net change of -6 holders.
- The largest Brady Corp buyer in Q3 2015 was T. Rowe Price Associates, an estimated $11.2M added.
- The largest Brady Corp seller in Q3 2015 was Disciplined Growth Investors, an estimated $16M sold.
Based on aggregated 13F filings for Q3 2015.