MSC Industrial Direct
280 hedge funds and large institutions have $3.65B invested in MSC Industrial Direct in 2016 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 105 increasing their positions, 97 reducing their positions, and 30 closing their positions.
1,046% more call options, than puts
Call options by funds: $997K | Put options by funds: $87K
500% more funds holding in top 10
Funds holding in top 10: 1 → 6 (+5)
67% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 30
25% more capital invested
Capital invested by funds: $2.92B → $3.65B (+$730M)
7% more funds holding
Funds holding: 261 → 280 (+19)
8% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 97
7.64% less ownership
Funds ownership: 107.58% → 99.94% (-7.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$96M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$32.9M |
| 3 |
FQ
First Quadrant
Glendale,
California
|
+$18.7M |
| 4 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$16.3M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$12.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$283M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$50.3M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$40.6M |
| 4 |
GAM
Gotham Asset Management
New York
|
-$39.8M |
| 5 |
JP Morgan Chase
New York
|
-$32.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Squarepoint
New York
| – | -$276K | -4,913 | Closed |
|
|
SSWM
302
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
| – | -$259K | -4,600 | Closed |
|
|
SEC
303
Seven Eight Capital
New York
| – | -$90K | -1,604 | Closed |
|
|
VFA
304
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$8K | -145 | Closed |
|
|
IA
305
IFP Advisors
Tampa,
Florida
| – | -$7K | -132 | Closed |
|
|
AIA
306
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$6K | -98 | Closed |
|
|
DAM
307
Delta Asset Management
Memphis,
Tennessee
| – | -$2K | -39 | Closed |
|
308
AssetMark Inc
Concord,
California
| – | -$2K | -28 | Closed |
|
|
LWA
309
Lenox Wealth Advisors
New York
| – | -$1K | -15 | Closed |
|
|
QCG
310
Quadrant Capital Group
Cincinnati,
Ohio
| – | +$670 | +10 | New |
|
MSM Hedge Fund Activity: Q1 2016 in Review
280 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in MSC Industrial Direct (MSM) for Q1 2016, worth a combined $3.65B — up 25% from $2.92B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new MSM positions and 30 closed out — a net gain of 20 holders — while 105 added to existing stakes and 97 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $96M. The largest seller was Vulcan Value Partners, cutting an estimated $283M.
- 280 institutional investors held MSC Industrial Direct (MSM) as of Q1 2016, up from 261 in Q4 2015.
- Funds reported $3.65B of MSC Industrial Direct stock for Q1 2016, up 25% quarter-over-quarter.
- 50 funds opened new MSC Industrial Direct positions in Q1 2016 and 30 closed out, a net change of +20 holders.
- The largest MSC Industrial Direct buyer in Q1 2016 was Lord, Abbett & Co, an estimated $96M added.
- The largest MSC Industrial Direct seller in Q1 2016 was Vulcan Value Partners, an estimated $283M sold.
Based on aggregated 13F filings for Q1 2016.