McCormick & Company Non-Voting
MKC
952 hedge funds and large institutions have $15B invested in McCormick & Company Non-Voting in 2023 Q4 according to their latest regulatory filings, with 130 funds opening new positions, 328 increasing their positions, 367 reducing their positions, and 97 closing their positions.
34% more first-time investments, than exits
New positions opened: 130 | Existing positions closed: 97
2.17% more ownership
Funds ownership: 84.81% → 86.99% (+2.2%)
2% more funds holding
Funds holding: 932 → 952 (+20)
2% more call options, than puts
Call options by funds: $78.2M | Put options by funds: $76.7M
7% less capital invested
Capital invested by funds: $16.1B → $15B (-$1.15B)
11% less repeat investments, than reductions
Existing positions increased: 328 | Existing positions reduced: 367
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$207M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$103M |
| 3 |
ATO
Alecta Tjanstepension Omsesidigt
Stockholm,
Sweden
|
+$88.3M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$66M |
| 5 |
State Street
Boston,
Massachusetts
|
+$65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$401M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$168M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$167M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$91.7M |
| 5 |
Natixis Advisors
Boston,
Massachusetts
|
-$44.2M |
MKC Hedge Fund Activity: Q4 2023 in Review
952 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in McCormick & Company Non-Voting (MKC) for Q4 2023, worth a combined $15B — down 7.2% from $16.1B a quarter earlier.
Buyers outnumbered sellers: 130 funds opened new MKC positions and 97 closed out — a net gain of 33 holders — while 328 added to existing stakes and 367 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $207M. The largest seller was Bank of America, cutting an estimated $401M.
- 952 institutional investors held McCormick & Company Non-Voting (MKC) as of Q4 2023, up from 932 in Q3 2023.
- Funds reported $15B of McCormick & Company Non-Voting stock for Q4 2023, down 7.2% quarter-over-quarter.
- 130 funds opened new McCormick & Company Non-Voting positions in Q4 2023 and 97 closed out, a net change of +33 holders.
- The largest McCormick & Company Non-Voting buyer in Q4 2023 was Morgan Stanley, an estimated $207M added.
- The largest McCormick & Company Non-Voting seller in Q4 2023 was Bank of America, an estimated $401M sold.
Based on aggregated 13F filings for Q4 2023.