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MSC Industrial Direct

231 hedge funds and large institutions have $3.96B invested in MSC Industrial Direct in 2013 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 78 increasing their positions, 87 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.31% more ownership

Funds ownership: 97.83%102.14% (+4.3%)

1% more capital invested

Capital invested by funds: $3.91B → $3.96B (+$44.4M)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

3% less funds holding

Funds holding: 237231 (-6)

10% less repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 87

17% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 35

52% less call options, than puts

Call options by funds: $963K | Put options by funds: $2M

Holders
231
Holders Change
-6
Holders Change %
-2.53%
% of All Funds
6.71%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.15%
New
29
Increased
78
Reduced
87
Closed
35
Calls
$963K
Puts
$2M
Net Calls
-$1.04M
Net Calls Change
-$3.02M
Name Holding Trade Value Shares
Change
Change in
Stake
ClearBridge Investments
26
ClearBridge Investments
New York
$36.4M -$18.5M -234,261 -34%
CIC
27
Chilton Investment Company
Connecticut
$35.6M -$14.7M -185,885 -30%
Kayne Anderson Rudnick Investment Management
28
Kayne Anderson Rudnick Investment Management
California
$35.2M -$717K -9,062 -2%
FMI
29
Fiduciary Management Inc
Wisconsin
$32.6M +$31.9M +402,595 New
Federated Hermes
30
Federated Hermes
Pennsylvania
$32.5M -$1.74M -21,970 -5%
Norges Bank
31
Norges Bank
Norway
$30.6M -$1.04M -13,200 -3%
Northern Trust
32
Northern Trust
Illinois
$30.2M +$109K +1,373 +0.4%
HIM
33
Hermes Investment Management
United Kingdom
$29.4M +$3.73M +47,139 +15%
TCIM
34
TIAA CREF Investment Management
New York
$25.6M -$7.92M -100,063 -24%
Schroder Investment Management Group
35
Schroder Investment Management Group
United Kingdom
$21.8M -$1.24M -15,700 -6%
KCP
36
KDI Capital Partners
North Carolina
$20.4M +$7.62M +96,198 +61%
NTCOC
37
Northern Trust Company of Connecticut
Connecticut
$19.7M +$2.83M +35,800 +17%
MPIA
38
Mountain Pacific Investment Advisers
Idaho
$19.1M -$79.7K -1,007 -0.4%
Geode Capital Management
39
Geode Capital Management
Massachusetts
$18.2M +$2.52M +31,867 +16%
Goldman Sachs
40
Goldman Sachs
New York
$18.1M +$3.01M +38,038 +20%
SIMG
41
Stephens Investment Management Group
Texas
$17.7M +$351K +4,440 +2%
California Public Employees Retirement System
42
California Public Employees Retirement System
California
$15.1M +$3.11M +39,234 +27%
WA
43
Westport Advisers
Connecticut
$15M
Ohio Public Employees Retirement System (OPERS)
44
Ohio Public Employees Retirement System (OPERS)
Ohio
$14.6M +$713K +9,012 +5%
HK
45
Horizon Kinetics
New York
$14.5M -$231K -2,916 -2%
Wells Fargo
46
Wells Fargo
California
$14.4M -$3.12M -39,353 -18%
KCM
47
Kornitzer Capital Management
Kansas
$13.9M +$53.4K +675 +0.4%
New York State Common Retirement Fund
48
New York State Common Retirement Fund
New York
$13.4M -$962K -12,150 -7%
SONJCPFA
49
State of New Jersey Common Pension Fund A
New Jersey
$13.3M +$9.1M +115,000 +230%
Royal Bank of Canada
50
Royal Bank of Canada
Ontario, Canada
$13.2M -$191K -2,407 -1%

MSM Hedge Fund Activity: Q4 2013 in Review

231 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in MSC Industrial Direct (MSM) for Q4 2013, worth a combined $3.96B — up 1.1% from $3.91B a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of MSM and 29 opened new positions — a net loss of 6 holders — while 87 trimmed existing stakes and 78 added.

The largest buyer was Cramer Rosenthal McGlynn, adding an estimated $85.1M. The largest seller was JP Morgan Chase, cutting an estimated $59.5M.

  • 231 institutional investors held MSC Industrial Direct (MSM) as of Q4 2013, down from 237 in Q3 2013.
  • Funds reported $3.96B of MSC Industrial Direct stock for Q4 2013, up 1.1% quarter-over-quarter.
  • 29 funds opened new MSC Industrial Direct positions in Q4 2013 and 35 closed out, a net change of -6 holders.
  • The largest MSC Industrial Direct buyer in Q4 2013 was Cramer Rosenthal McGlynn, an estimated $85.1M added.
  • The largest MSC Industrial Direct seller in Q4 2013 was JP Morgan Chase, an estimated $59.5M sold.

Based on aggregated 13F filings for Q4 2013.