MSC Industrial Direct
233 hedge funds and large institutions have $3.8B invested in MSC Industrial Direct in 2015 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 100 increasing their positions, 75 reducing their positions, and 34 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 75
6% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 34
0.93% more ownership
Funds ownership: 107.44% → 108.37% (+0.93%)
0% less funds holding
Funds holding: 234 → 233 (-1)
10% less capital invested
Capital invested by funds: $4.23B → $3.8B (-$433M)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
69% less call options, than puts
Call options by funds: $643K | Put options by funds: $2.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$155M |
| 2 |
JP Morgan Chase
New York
|
+$51.5M |
| 3 |
AVC
Arlington Value Capital
Salt Lake City,
Utah
|
+$34.5M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$27.7M |
| 5 |
NSCM
New South Capital Management
Memphis,
Tennessee
|
+$22.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$68M |
| 2 |
Neuberger Berman Group
New York
|
-$58.5M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$48M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$46.6M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$38.1M |
MSM Hedge Fund Activity: Q1 2015 in Review
233 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in MSC Industrial Direct (MSM) for Q1 2015, worth a combined $3.8B — down 10% from $4.23B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new MSM positions and 34 closed out — a net gain of 2 holders — while 100 added to existing stakes and 75 trimmed.
The largest buyer was Vulcan Value Partners, adding an estimated $155M. The largest seller was Canada Pension Plan Investment Board, exiting entirely with an estimated $68M sold.
- 233 institutional investors held MSC Industrial Direct (MSM) as of Q1 2015, down from 234 in Q4 2014.
- Funds reported $3.8B of MSC Industrial Direct stock for Q1 2015, down 10% quarter-over-quarter.
- 36 funds opened new MSC Industrial Direct positions in Q1 2015 and 34 closed out, a net change of +2 holders.
- The largest MSC Industrial Direct buyer in Q1 2015 was Vulcan Value Partners, an estimated $155M added.
- The largest MSC Industrial Direct seller in Q1 2015 was Canada Pension Plan Investment Board, an estimated $68M sold.
Based on aggregated 13F filings for Q1 2015.