Clean Harbors
248 hedge funds and large institutions have $3.33B invested in Clean Harbors in 2014 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 104 increasing their positions, 81 reducing their positions, and 39 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 81
3.72% more ownership
Funds ownership: 95.91% → 99.63% (+3.7%)
2% less call options, than puts
Call options by funds: $10.4M | Put options by funds: $10.7M
4% less capital invested
Capital invested by funds: $3.48B → $3.33B (-$152M)
5% less funds holding
Funds holding: 260 → 248 (-12)
23% less funds holding in top 10
Funds holding in top 10: 13 → 10 (-3)
23% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$200M |
| 2 |
RI
Relational Investors
San Diego,
California
|
+$162M |
| 3 |
RIM
RS Investment Management
San Francisco,
California
|
+$73.2M |
| 4 |
SAM
Southernsun Asset Management
Memphis,
Tennessee
|
+$49.7M |
| 5 |
MAMU
Marathon Asset Management (UK)
London,
United Kingdom
|
+$34.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$266M |
| 2 |
Lazard Asset Management
New York
|
-$64.8M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$58.8M |
| 4 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$43M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$42.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NJBEST
276
New Jersey Better Educational Savings Trust
Trenton,
New Jersey
| – | -$600K | -10,000 | Closed |
|
|
IIM
277
Ironwood Investment Management
Boston,
Massachusetts
| – | -$561K | -9,350 | Closed |
|
|
EMG
278
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$492K | -8,200 | Closed |
|
|
PCM
279
Palouse Capital Management
Spokane,
Washington
| – | -$465K | -7,755 | Closed |
|
|
DD
280
Dominick & Dominick
New York
| – | -$415K | -7,000 | Closed |
|
|
PP
281
Paloma Partners
Greenwich,
Connecticut
| – | -$417K | -6,961 | Closed |
|
282
LPL Financial
San Diego,
California
| – | -$360K | -6,001 | Closed |
|
|
CA
283
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
| – | -$322K | -5,747 | Closed |
|
284
CIBC Asset Management
Toronto,
Ontario, Canada
| – | -$276K | -4,602 | Closed |
|
|
CGT
285
Capital Guardian Trust
Los Angeles,
California
| – | -$30K | -505 | Closed |
|
|
FAM
286
Fortaleza Asset Management
Chicago,
Illinois
| – | -$4K | -70 | Closed |
|
|
NES
287
New England Securities
New York
| – | -$3K | -50 | Closed |
|
CLH Hedge Fund Activity: Q1 2014 in Review
248 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Clean Harbors (CLH) for Q1 2014, worth a combined $3.33B — down 4.4% from $3.48B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of CLH and 30 opened new positions — a net loss of 9 holders — while 81 trimmed existing stakes and 104 added.
The largest buyer was Wellington Management Group, adding an estimated $200M. The largest seller was TimesSquare Capital Management, exiting entirely with an estimated $266M sold.
- 248 institutional investors held Clean Harbors (CLH) as of Q1 2014, down from 260 in Q4 2013.
- Funds reported $3.33B of Clean Harbors stock for Q1 2014, down 4.4% quarter-over-quarter.
- 30 funds opened new Clean Harbors positions in Q1 2014 and 39 closed out, a net change of -9 holders.
- The largest Clean Harbors buyer in Q1 2014 was Wellington Management Group, an estimated $200M added.
- The largest Clean Harbors seller in Q1 2014 was TimesSquare Capital Management, an estimated $266M sold.
Based on aggregated 13F filings for Q1 2014.