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.
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: 4 → 4 (0)
1.03% less ownership
Funds ownership: 97.76% → 96.73% (-1%)
4% less funds holding
Funds holding: 302 → 290 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$92.2M |
| 2 |
JP Morgan Chase
New York
|
+$57.1M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$53.4M |
| 4 |
Jennison Associates
New York
|
+$27.7M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
+$24.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$67.2M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$34.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$34.3M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
-$33.4M |
| 5 |
SAM
Scopus Asset Management
New York
|
-$31.2M |
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.