MSC Industrial Direct
283 hedge funds and large institutions have $3.25B invested in MSC Industrial Direct in 2017 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 120 increasing their positions, 91 reducing their positions, and 47 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 91
6% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 47
1.12% less ownership
Funds ownership: 96.73% → 95.61% (-1.1%)
2% less funds holding
Funds holding: 290 → 283 (-7)
13% less capital invested
Capital invested by funds: $3.76B → $3.25B (-$500M)
16% less call options, than puts
Call options by funds: $13.5M | Put options by funds: $16.1M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$145M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$66M |
| 3 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$57.3M |
| 4 |
Bank of New York Mellon
New York
|
+$43.9M |
| 5 |
NSCM
New South Capital Management
Memphis,
Tennessee
|
+$33.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$101M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$91.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$91M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$60.9M |
| 5 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$54.2M |
MSM Hedge Fund Activity: Q3 2017 in Review
283 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in MSC Industrial Direct (MSM) for Q3 2017, worth a combined $3.25B — down 13% from $3.76B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of MSM and 44 opened new positions — a net loss of 3 holders — while 91 trimmed existing stakes and 120 added.
The largest buyer was American Century Companies, adding an estimated $145M. The largest seller was AllianceBernstein, cutting an estimated $101M.
- 283 institutional investors held MSC Industrial Direct (MSM) as of Q3 2017, down from 290 in Q2 2017.
- Funds reported $3.25B of MSC Industrial Direct stock for Q3 2017, down 13% quarter-over-quarter.
- 44 funds opened new MSC Industrial Direct positions in Q3 2017 and 47 closed out, a net change of -3 holders.
- The largest MSC Industrial Direct buyer in Q3 2017 was American Century Companies, an estimated $145M added.
- The largest MSC Industrial Direct seller in Q3 2017 was AllianceBernstein, an estimated $101M sold.
Based on aggregated 13F filings for Q3 2017.