MSC Industrial Direct
234 hedge funds and large institutions have $4.24B invested in MSC Industrial Direct in 2014 Q4 according to their latest regulatory filings, with 41 funds opening new positions, 70 increasing their positions, 95 reducing their positions, and 29 closing their positions.
41% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 29
4% more funds holding
Funds holding: 226 → 234 (+8)
1.96% more ownership
Funds ownership: 105.48% → 107.44% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
4% less capital invested
Capital invested by funds: $4.42B → $4.24B (-$180M)
26% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 95
81% less call options, than puts
Call options by funds: $325K | Put options by funds: $1.68M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$134M |
| 2 |
CCM
Cantillon Capital Management
New York
|
+$112M |
| 3 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$33.9M |
| 4 |
Renaissance Technologies
New York
|
+$32M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$29.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$128M |
| 2 |
JP Morgan Chase
New York
|
-$86.6M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$75.4M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$35.3M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$17M |
MSM Hedge Fund Activity: Q4 2014 in Review
234 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in MSC Industrial Direct (MSM) for Q4 2014, worth a combined $4.24B — down 4.1% from $4.42B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new MSM positions and 29 closed out — a net gain of 12 holders — while 70 added to existing stakes and 95 trimmed.
The largest buyer was Vulcan Value Partners, opening a new position worth an estimated $134M. The largest seller was Bank of New York Mellon, cutting an estimated $128M.
- 234 institutional investors held MSC Industrial Direct (MSM) as of Q4 2014, up from 226 in Q3 2014.
- Funds reported $4.24B of MSC Industrial Direct stock for Q4 2014, down 4.1% quarter-over-quarter.
- 41 funds opened new MSC Industrial Direct positions in Q4 2014 and 29 closed out, a net change of +12 holders.
- The largest MSC Industrial Direct buyer in Q4 2014 was Vulcan Value Partners, an estimated $134M added.
- The largest MSC Industrial Direct seller in Q4 2014 was Bank of New York Mellon, an estimated $128M sold.
Based on aggregated 13F filings for Q4 2014.