Martin Marietta Materials
537 hedge funds and large institutions have $12.3B invested in Martin Marietta Materials in 2018 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 212 increasing their positions, 179 reducing their positions, and 63 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 212 | Existing positions reduced: 179
3.51% more ownership
Funds ownership: 103.46% → 106.97% (+3.5%)
10% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 63
2% less funds holding
Funds holding: 548 → 537 (-11)
16% less capital invested
Capital invested by funds: $14.5B → $12.3B (-$2.28B)
36% less call options, than puts
Call options by funds: $145M | Put options by funds: $227M
38% less funds holding in top 10
Funds holding in top 10: 13 → 8 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$222M |
| 2 |
JP Morgan Chase
New York
|
+$109M |
| 3 |
Select Equity Group
New York
|
+$109M |
| 4 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$72.4M |
| 5 |
Goldman Sachs
New York
|
+$69.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$97.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$74.4M |
| 3 |
ACP
Atalan Capital Partners
New York
|
-$48M |
| 4 |
LHC
Lodge Hill Capital
New York
|
-$40.2M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$32.5M |
MLM Hedge Fund Activity: Q3 2018 in Review
537 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Martin Marietta Materials (MLM) for Q3 2018, worth a combined $12.3B — down 16% from $14.5B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of MLM and 57 opened new positions — a net loss of 6 holders — while 179 trimmed existing stakes and 212 added.
The largest buyer was Baillie Gifford & Co, adding an estimated $222M. The largest seller was Neuberger Berman Group, cutting an estimated $97.6M.
- 537 institutional investors held Martin Marietta Materials (MLM) as of Q3 2018, down from 548 in Q2 2018.
- Funds reported $12.3B of Martin Marietta Materials stock for Q3 2018, down 16% quarter-over-quarter.
- 57 funds opened new Martin Marietta Materials positions in Q3 2018 and 63 closed out, a net change of -6 holders.
- The largest Martin Marietta Materials buyer in Q3 2018 was Baillie Gifford & Co, an estimated $222M added.
- The largest Martin Marietta Materials seller in Q3 2018 was Neuberger Berman Group, an estimated $97.6M sold.
Based on aggregated 13F filings for Q3 2018.