Martin Marietta Materials
503 hedge funds and large institutions have $12.7B invested in Martin Marietta Materials in 2017 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 196 increasing their positions, 169 reducing their positions, and 56 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 196 | Existing positions reduced: 169
1.33% more ownership
Funds ownership: 97.05% → 98.37% (+1.3%)
9% more call options, than puts
Call options by funds: $233M | Put options by funds: $214M
0% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 56
1% less funds holding
Funds holding: 510 → 503 (-7)
6% less capital invested
Capital invested by funds: $13.5B → $12.7B (-$782M)
15% less funds holding in top 10
Funds holding in top 10: 13 → 11 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$361M |
| 2 |
Select Equity Group
New York
|
+$266M |
| 3 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
+$133M |
| 4 |
JP Morgan Chase
New York
|
+$60.3M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$59.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$333M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$120M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
-$109M |
| 4 |
Millennium Management
New York
|
-$91.3M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$69.1M |
MLM Hedge Fund Activity: Q3 2017 in Review
503 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Martin Marietta Materials (MLM) for Q3 2017, worth a combined $12.7B — down 5.8% from $13.5B a quarter earlier.
Fund positioning in MLM was balanced in Q3 2017: 56 funds opened new positions, 56 closed out, 196 added to existing stakes and 169 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $361M. The largest seller was Fidelity Investments, cutting an estimated $333M.
- 503 institutional investors held Martin Marietta Materials (MLM) as of Q3 2017, down from 510 in Q2 2017.
- Funds reported $12.7B of Martin Marietta Materials stock for Q3 2017, down 5.8% quarter-over-quarter.
- 56 funds opened new Martin Marietta Materials positions in Q3 2017 and 56 closed out, a net change of 0 holders.
- The largest Martin Marietta Materials buyer in Q3 2017 was Morgan Stanley, an estimated $361M added.
- The largest Martin Marietta Materials seller in Q3 2017 was Fidelity Investments, an estimated $333M sold.
Based on aggregated 13F filings for Q3 2017.