MSC Industrial Direct
231 hedge funds and large institutions have $3.97B invested in MSC Industrial Direct in 2013 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 78 increasing their positions, 87 reducing their positions, and 35 closing their positions.
4.31% more ownership
Funds ownership: 97.83% → 102.14% (+4.3%)
1% more capital invested
Capital invested by funds: $3.92B → $3.97B (+$48.1M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
3% less funds holding
Funds holding: 237 → 231 (-6)
10% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 87
17% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 35
52% less call options, than puts
Call options by funds: $963K | Put options by funds: $2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$85.1M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$58.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$42.6M |
| 4 |
CCM
Cantillon Capital Management
New York
|
+$41.6M |
| 5 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$31.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$59.5M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$56.5M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$31.3M |
| 4 |
ClearBridge Investments
New York
|
-$18.5M |
| 5 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$18.5M |
MSM Hedge Fund Activity: Q4 2013 in Review
231 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in MSC Industrial Direct (MSM) for Q4 2013, worth a combined $3.97B — up 1.2% from $3.92B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of MSM and 29 opened new positions — a net loss of 6 holders — while 87 trimmed existing stakes and 78 added.
The largest buyer was Cramer Rosenthal McGlynn, adding an estimated $85.1M. The largest seller was JP Morgan Chase, cutting an estimated $59.5M.
- 231 institutional investors held MSC Industrial Direct (MSM) as of Q4 2013, down from 237 in Q3 2013.
- Funds reported $3.97B of MSC Industrial Direct stock for Q4 2013, up 1.2% quarter-over-quarter.
- 29 funds opened new MSC Industrial Direct positions in Q4 2013 and 35 closed out, a net change of -6 holders.
- The largest MSC Industrial Direct buyer in Q4 2013 was Cramer Rosenthal McGlynn, an estimated $85.1M added.
- The largest MSC Industrial Direct seller in Q4 2013 was JP Morgan Chase, an estimated $59.5M sold.
Based on aggregated 13F filings for Q4 2013.