MSC Industrial Direct
232 hedge funds and large institutions have $5.02B invested in MSC Industrial Direct in 2014 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 78 increasing their positions, 91 reducing their positions, and 15 closing their positions.
60% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 15
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
11% more capital invested
Capital invested by funds: $4.51B → $5.02B (+$507M)
4% more funds holding
Funds holding: 224 → 232 (+8)
0.82% less ownership
Funds ownership: 108.54% → 107.72% (-0.82%)
14% less call options, than puts
Call options by funds: $1.89M | Put options by funds: $2.2M
14% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 91
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$91.5M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$51.4M |
| 3 |
Bank of New York Mellon
New York
|
+$44.1M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$42.7M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$34.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$46.3M |
| 2 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$43.9M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$38.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$33.3M |
| 5 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
-$30.9M |
MSM Hedge Fund Activity: Q2 2014 in Review
232 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in MSC Industrial Direct (MSM) for Q2 2014, worth a combined $5.02B — up 11% from $4.51B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new MSM positions and 15 closed out — a net gain of 9 holders — while 78 added to existing stakes and 91 trimmed.
The largest buyer was Select Equity Group, adding an estimated $91.5M. The largest seller was JP Morgan Chase, cutting an estimated $46.3M.
- 232 institutional investors held MSC Industrial Direct (MSM) as of Q2 2014, up from 224 in Q1 2014.
- Funds reported $5.02B of MSC Industrial Direct stock for Q2 2014, up 11% quarter-over-quarter.
- 24 funds opened new MSC Industrial Direct positions in Q2 2014 and 15 closed out, a net change of +9 holders.
- The largest MSC Industrial Direct buyer in Q2 2014 was Select Equity Group, an estimated $91.5M added.
- The largest MSC Industrial Direct seller in Q2 2014 was JP Morgan Chase, an estimated $46.3M sold.
Based on aggregated 13F filings for Q2 2014.