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MSC Industrial Direct

232 hedge funds and large institutions have $5.02B invested in MSC Industrial Direct in 2014 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 78 increasing their positions, 91 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 15

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

11% more capital invested

Capital invested by funds: $4.51B → $5.02B (+$507M)

4% more funds holding

Funds holding: 224232 (+8)

0.82% less ownership

Funds ownership: 108.54%107.72% (-0.82%)

14% less call options, than puts

Call options by funds: $1.89M | Put options by funds: $2.2M

14% less repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 91

Holders
232
Holders Change
+8
Holders Change %
+3.57%
% of All Funds
6.67%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.23%
New
24
Increased
78
Reduced
91
Closed
15
Calls
$1.89M
Puts
$2.2M
Net Calls
-$307K
Net Calls Change
-$4.25M
Name Holding Trade Value Shares
Change
Change in
Stake
Mackenzie Financial
26
Mackenzie Financial
Ontario, Canada
$56.1M +$7.13M +78,481 +15%
Kayne Anderson Rudnick Investment Management
27
Kayne Anderson Rudnick Investment Management
California
$42.9M +$3.38M +37,166 +9%
MAMU
28
Marathon Asset Management (UK)
United Kingdom
$42.4M -$19.1K -210 -0%
ClearBridge Investments
29
ClearBridge Investments
New York
$41.9M -$1.24M -13,625 -3%
Northern Trust
30
Northern Trust
Illinois
$36.7M -$19.9M -218,608 -36%
HIM
31
Hermes Investment Management
United Kingdom
$35.5M -$5M -54,982 -13%
Federated Hermes
32
Federated Hermes
Pennsylvania
$35.1M +$411K +4,519 +1%
ACH
33
ArrowMark Colorado Holdings
Colorado
$34.8M +$7.56M +83,200 +30%
KCP
34
KDI Capital Partners
North Carolina
$25.6M -$3.54M -39,000 -13%
Massachusetts Financial Services
35
Massachusetts Financial Services
Massachusetts
$24.2M -$15.8M -174,106 -41%
SIMG
36
Stephens Investment Management Group
Texas
$23.6M -$69.5K -765 -0.3%
TCIM
37
TIAA CREF Investment Management
New York
$22.9M -$383K -4,219 -2%
MPIA
38
Mountain Pacific Investment Advisers
Idaho
$22.7M -$45.4K -500 -0.2%
Royal Bank of Canada
39
Royal Bank of Canada
Ontario, Canada
$22.3M +$820K +9,026 +4%
Geode Capital Management
40
Geode Capital Management
Massachusetts
$22.1M -$10.3K -113 -0%
Schroder Investment Management Group
41
Schroder Investment Management Group
United Kingdom
$20.2M +$4.3M +47,300 +29%
Wells Fargo
42
Wells Fargo
California
$18.3M -$202K -2,224 -1%
WA
43
Westport Advisers
Connecticut
$17.7M
Deutsche Bank
44
Deutsche Bank
Germany
$17.3M +$8.2M +90,225 +100%
HI
45
Honeywell International
North Carolina
$17.3M -$7.89M -86,800 -32%
MAA
46
Managed Account Advisors
New Jersey
$16.5M -$352K -3,872 -2%
Ohio Public Employees Retirement System (OPERS)
47
Ohio Public Employees Retirement System (OPERS)
Ohio
$16.2M +$32.3K +355 +0.2%
HK
48
Horizon Kinetics
New York
$16.2M -$868K -9,553 -5%
Goldman Sachs
49
Goldman Sachs
New York
$16.1M -$2.15M -23,638 -12%
KCM
50
Kornitzer Capital Management
Kansas
$16M -$375K -4,125 -2%

MSM Hedge Fund Activity: Q2 2014 in Review

232 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in MSC Industrial Direct (MSM) for Q2 2014, worth a combined $5.02B — up 11% from $4.51B a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new MSM positions and 15 closed out — a net gain of 9 holders — while 78 added to existing stakes and 91 trimmed.

The largest buyer was Select Equity Group, adding an estimated $91.5M. The largest seller was JP Morgan Chase, cutting an estimated $46.3M.

  • 232 institutional investors held MSC Industrial Direct (MSM) as of Q2 2014, up from 224 in Q1 2014.
  • Funds reported $5.02B of MSC Industrial Direct stock for Q2 2014, up 11% quarter-over-quarter.
  • 24 funds opened new MSC Industrial Direct positions in Q2 2014 and 15 closed out, a net change of +9 holders.
  • The largest MSC Industrial Direct buyer in Q2 2014 was Select Equity Group, an estimated $91.5M added.
  • The largest MSC Industrial Direct seller in Q2 2014 was JP Morgan Chase, an estimated $46.3M sold.

Based on aggregated 13F filings for Q2 2014.