MSC Industrial Direct
226 hedge funds and large institutions have $4.42B invested in MSC Industrial Direct in 2014 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 90 increasing their positions, 78 reducing their positions, and 25 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 78
2.24% less ownership
Funds ownership: 107.72% → 105.48% (-2.2%)
3% less funds holding
Funds holding: 232 → 226 (-6)
12% less capital invested
Capital invested by funds: $5.02B → $4.42B (-$597M)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
16% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 25
74% less call options, than puts
Call options by funds: $214K | Put options by funds: $820K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$42.9M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$26.2M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$20.9M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$14.4M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$43.2M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$33.7M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$15.8M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$14.7M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$14.3M |
MSM Hedge Fund Activity: Q3 2014 in Review
226 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in MSC Industrial Direct (MSM) for Q3 2014, worth a combined $4.42B — down 12% from $5.02B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of MSM and 21 opened new positions — a net loss of 4 holders — while 78 trimmed existing stakes and 90 added.
The largest buyer was Janus Henderson Investors US, adding an estimated $42.9M. The largest seller was Perkins Investment Management, cutting an estimated $43.2M.
- 226 institutional investors held MSC Industrial Direct (MSM) as of Q3 2014, down from 232 in Q2 2014.
- Funds reported $4.42B of MSC Industrial Direct stock for Q3 2014, down 12% quarter-over-quarter.
- 21 funds opened new MSC Industrial Direct positions in Q3 2014 and 25 closed out, a net change of -4 holders.
- The largest MSC Industrial Direct buyer in Q3 2014 was Janus Henderson Investors US, an estimated $42.9M added.
- The largest MSC Industrial Direct seller in Q3 2014 was Perkins Investment Management, an estimated $43.2M sold.
Based on aggregated 13F filings for Q3 2014.