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MSC Industrial Direct

290 hedge funds and large institutions have $3.76B invested in MSC Industrial Direct in 2017 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 122 increasing their positions, 99 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

128% more call options, than puts

Call options by funds: $6.3M | Put options by funds: $2.76M

23% more repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 99

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

1.03% less ownership

Funds ownership: 97.76%96.73% (-1%)

4% less funds holding

Funds holding: 302290 (-12)

17% less capital invested

Capital invested by funds: $4.5B → $3.76B (-$748M)

19% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 47

Holders
290
Holders Change
-12
Holders Change %
-3.97%
% of All Funds
7.23%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
38
Increased
122
Reduced
99
Closed
47
Calls
$6.3M
Puts
$2.76M
Net Calls
+$3.54M
Net Calls Change
+$2.14M
Name Holding Trade Value Shares
Change
Change in
Stake
AVC
26
Arlington Value Capital
Utah
$39.5M +$744K +8,461 +2%
First Trust Advisors
27
First Trust Advisors
Illinois
$37.5M +$12.1M +138,047 +46%
AAM
28
Ardevora Asset Management
United Kingdom
$35.9M +$9.68M +110,100 +36%
RA
29
Royce & Associates
New York
$35.8M -$2.58M -29,300 -7%
Northern Trust
30
Northern Trust
Illinois
$34M -$1.4M -15,911 -4%
Canada Pension Plan Investment Board
31
Canada Pension Plan Investment Board
Ontario, Canada
$33M +$5.66M +64,305 +20%
Geode Capital Management
32
Geode Capital Management
Massachusetts
$30M -$303K -3,443 -1%
HIM
33
Hermes Investment Management
United Kingdom
$29.9M -$3.26M -37,083 -10%
SIMG
34
Stephens Investment Management Group
Texas
$29.3M -$24K -273 -0.1%
CIM
35
Confluence Investment Management
Missouri
$27.4M +$10.4M +118,801 +59%
Renaissance Technologies
36
Renaissance Technologies
New York
$26.5M -$21M -238,900 -44%
Ohio Public Employees Retirement System (OPERS)
37
Ohio Public Employees Retirement System (OPERS)
Ohio
$24.5M -$3.65M -41,485 -13%
UBS AM
38
UBS AM
Illinois
$24.3M +$3.3M +37,508 +15%
ESCM
39
Echo Street Capital Management
New York
$24.3M +$24.8M +282,127 New
BNP Paribas Financial Markets
40
BNP Paribas Financial Markets
France
$21.7M +$21.1M +240,193 +2,020%
JIM
41
Jupiter Investment Management
United Kingdom
$20M +$20.4M +232,348 New
Charles Schwab
42
Charles Schwab
California
$17.9M -$5.81M -66,109 -24%
Ameriprise
43
Ameriprise
Minnesota
$17.4M +$3.59M +40,806 +25%
Principal Financial Group
44
Principal Financial Group
Iowa
$16.7M +$752K +8,552 +5%
Prudential Financial
45
Prudential Financial
New Jersey
$16.3M -$4.67M -53,070 -22%
MPIA
46
Mountain Pacific Investment Advisers
Idaho
$16M +$437K +4,965 +3%
TCIM
47
TIAA CREF Investment Management
New York
$14.8M -$8.07M -91,758 -35%
Wells Fargo
48
Wells Fargo
California
$14.1M +$3.22M +36,583 +29%
OAM
49
Oppenheimer Asset Management
New York
$13.9M +$83.1K +945 +0.6%
D.E. Shaw & Co
50
D.E. Shaw & Co
New York
$13.5M +$5.97M +67,877 +77%

MSM Hedge Fund Activity: Q2 2017 in Review

290 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in MSC Industrial Direct (MSM) for Q2 2017, worth a combined $3.76B — down 17% from $4.5B a quarter earlier.

Sellers outnumbered buyers: 47 funds closed out of MSM and 38 opened new positions — a net loss of 9 holders — while 99 trimmed existing stakes and 122 added.

The largest buyer was AllianceBernstein, adding an estimated $92.2M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $67.2M sold.

  • 290 institutional investors held MSC Industrial Direct (MSM) as of Q2 2017, down from 302 in Q1 2017.
  • Funds reported $3.76B of MSC Industrial Direct stock for Q2 2017, down 17% quarter-over-quarter.
  • 38 funds opened new MSC Industrial Direct positions in Q2 2017 and 47 closed out, a net change of -9 holders.
  • The largest MSC Industrial Direct buyer in Q2 2017 was AllianceBernstein, an estimated $92.2M added.
  • The largest MSC Industrial Direct seller in Q2 2017 was Lord, Abbett & Co, an estimated $67.2M sold.

Based on aggregated 13F filings for Q2 2017.