MSC Industrial Direct
MSM
359 hedge funds and large institutions have $3.5B invested in MSC Industrial Direct in 2020 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 114 increasing their positions, 131 reducing their positions, and 31 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
97% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 31
35% more capital invested
Capital invested by funds: $2.6B → $3.5B (+$906M)
19% more call options, than puts
Call options by funds: $4.66M | Put options by funds: $3.92M
8% more funds holding
Funds holding: 331 → 359 (+28)
0.96% less ownership
Funds ownership: 90.08% → 89.12% (-0.96%)
13% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 131
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
+$94.6M |
| 2 |
SIM
Sprucegrove Investment Management
Toronto,
Ontario, Canada
|
+$38.8M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$28.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$25.1M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$22.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$73M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$26.5M |
| 3 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$22.6M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$14M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$13.2M |
MSM Hedge Fund Activity: Q4 2020 in Review
359 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in MSC Industrial Direct (MSM) for Q4 2020, worth a combined $3.5B — up 35% from $2.6B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new MSM positions and 31 closed out — a net gain of 30 holders — while 114 added to existing stakes and 131 trimmed.
The largest buyer was Epoch Investment Partners, opening a new position worth an estimated $94.6M. The largest seller was American Century Companies, cutting an estimated $73M.
- 359 institutional investors held MSC Industrial Direct (MSM) as of Q4 2020, up from 331 in Q3 2020.
- Funds reported $3.5B of MSC Industrial Direct stock for Q4 2020, up 35% quarter-over-quarter.
- 61 funds opened new MSC Industrial Direct positions in Q4 2020 and 31 closed out, a net change of +30 holders.
- The largest MSC Industrial Direct buyer in Q4 2020 was Epoch Investment Partners, an estimated $94.6M added.
- The largest MSC Industrial Direct seller in Q4 2020 was American Century Companies, an estimated $73M sold.
Based on aggregated 13F filings for Q4 2020.