MSC Industrial Direct
302 hedge funds and large institutions have $4.5B invested in MSC Industrial Direct in 2017 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 98 increasing their positions, 127 reducing their positions, and 37 closing their positions.
27% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 37
11% more call options, than puts
Call options by funds: $14M | Put options by funds: $12.6M
10% more capital invested
Capital invested by funds: $4.11B → $4.5B (+$396M)
1% more funds holding
Funds holding: 300 → 302 (+2)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1.38% less ownership
Funds ownership: 99.14% → 97.76% (-1.4%)
23% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 127
Top Buyers
| 1 |
BlackRock
New York
|
+$373M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$131M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$70.3M |
| 4 |
Jennison Associates
New York
|
+$60.5M |
| 5 |
Morgan Stanley
New York
|
+$30.7M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MIS
326
Morningstar Investment Services
Chicago,
Illinois
| – | -$258K | -2,796 | Closed |
|
|
GCA
327
Gideon Capital Advisors
New York
| – | -$216K | -2,334 | Closed |
|
|
FAM
328
Fred Alger Management
New York
| – | -$148K | -1,600 | Closed |
|
|
MAM
329
Meeder Asset Management
Dublin,
Ohio
| – | -$121K | -1,306 | Closed |
|
|
AIM
330
Acrospire Investment Management
Chicago,
Illinois
| – | -$92K | -1,000 | Closed |
|
|
WA
331
WFG Advisors
Dallas,
Texas
| – | -$75.1K | -741 | -99% |
|
|
TRCT
332
Tower Research Capital (TRC)
New York
| – | -$55K | -599 | Closed |
|
333
Nomura Asset Management
Tokyo,
Japan
| – | -$31K | -340 | Closed |
|
|
PCM
334
Penserra Capital Management
Orinda,
California
| – | -$27K | -294 | Closed |
|
|
PHK
335
Point72 Hong Kong
Hong Kong
| – | -$22K | -237 | Closed |
|
|
EF
336
Empirical Finance
Havertown,
Pennsylvania
| – | -$15K | -156 | Closed |
|
337
EARNEST Partners
Atlanta,
Georgia
| – | -$2K | -24 | Closed |
|
|
WAM
338
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | +$203 | +2 | New |
|
|
EA
339
Edge Advisors
Atlanta,
Georgia
| – | +$608 | +6 | New |
|
MSM Hedge Fund Activity: Q1 2017 in Review
302 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in MSC Industrial Direct (MSM) for Q1 2017, worth a combined $4.5B — up 9.6% from $4.11B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new MSM positions and 37 closed out — a net gain of 10 holders — while 98 added to existing stakes and 127 trimmed.
The largest buyer was BlackRock, adding an estimated $373M. The largest seller was Bank of New York Mellon, cutting an estimated $149M.
- 302 institutional investors held MSC Industrial Direct (MSM) as of Q1 2017, up from 300 in Q4 2016.
- Funds reported $4.5B of MSC Industrial Direct stock for Q1 2017, up 9.6% quarter-over-quarter.
- 47 funds opened new MSC Industrial Direct positions in Q1 2017 and 37 closed out, a net change of +10 holders.
- The largest MSC Industrial Direct buyer in Q1 2017 was BlackRock, an estimated $373M added.
- The largest MSC Industrial Direct seller in Q1 2017 was Bank of New York Mellon, an estimated $149M sold.
Based on aggregated 13F filings for Q1 2017.