Martin Marietta Materials
744 hedge funds and large institutions have $20.8B invested in Martin Marietta Materials in 2023 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 265 increasing their positions, 257 reducing their positions, and 89 closing their positions.
41.14% more ownership
Funds ownership: 94.38% → 135.52% (+41%)
30% more call options, than puts
Call options by funds: $59M | Put options by funds: $45.3M
6% more capital invested
Capital invested by funds: $19.5B → $20.8B (+$1.23B)
3% more repeat investments, than reductions
Existing positions increased: 265 | Existing positions reduced: 257
0% more funds holding in top 10
Funds holding in top 10: 14 → 14 (0)
3% less funds holding
Funds holding: 767 → 744 (-23)
13% less first-time investments, than exits
New positions opened: 77 | Existing positions closed: 89
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$182M |
| 2 |
Amundi
Paris,
France
|
+$86M |
| 3 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$79.3M |
| 4 |
AC
Albar Capital
London,
United Kingdom
|
+$48.5M |
| 5 |
SC
Shellback Capital
Boston,
Massachusetts
|
+$42.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$103M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$91.5M |
| 3 |
Select Equity Group
New York
|
-$78.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$75.8M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$44.2M |
MLM Hedge Fund Activity: Q1 2023 in Review
744 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Martin Marietta Materials (MLM) for Q1 2023, worth a combined $20.8B — up 6.3% from $19.5B a quarter earlier.
Sellers outnumbered buyers: 89 funds closed out of MLM and 77 opened new positions — a net loss of 12 holders — while 257 trimmed existing stakes and 265 added.
The largest buyer was Fred Alger Management, opening a new position worth an estimated $182M. The largest seller was JP Morgan Chase, cutting an estimated $103M.
- 744 institutional investors held Martin Marietta Materials (MLM) as of Q1 2023, down from 767 in Q4 2022.
- Funds reported $20.8B of Martin Marietta Materials stock for Q1 2023, up 6.3% quarter-over-quarter.
- 77 funds opened new Martin Marietta Materials positions in Q1 2023 and 89 closed out, a net change of -12 holders.
- The largest Martin Marietta Materials buyer in Q1 2023 was Fred Alger Management, an estimated $182M added.
- The largest Martin Marietta Materials seller in Q1 2023 was JP Morgan Chase, an estimated $103M sold.
Based on aggregated 13F filings for Q1 2023.