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MSC Industrial Direct

304 hedge funds and large institutions have $3.43B invested in MSC Industrial Direct in 2016 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 122 increasing their positions, 93 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

13,125% more call options, than puts

Call options by funds: $529K | Put options by funds: $4K

93% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 30

31% more repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 93

9% more funds holding

Funds holding: 280304 (+24)

1.33% more ownership

Funds ownership: 99.94%101.27% (+1.3%)

6% less capital invested

Capital invested by funds: $3.65B → $3.43B (-$213M)

50% less funds holding in top 10

Funds holding in top 10: 63 (-3)

Holders
304
Holders Change
+24
Holders Change %
+8.57%
% of All Funds
8.11%
Holding in Top 10
3
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-50%
% of All Funds
0.08%
New
58
Increased
122
Reduced
93
Closed
30
Calls
$529K
Puts
$4K
Net Calls
+$525K
Net Calls Change
-$385K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$284M +$18M +241,877 +6%
JP Morgan Chase
2
JP Morgan Chase
New York
$200M +$12.5M +169,009 +6%
Bank of New York Mellon
3
Bank of New York Mellon
New York
$171M -$17.7M -238,255 -9%
NSCM
4
New South Capital Management
Tennessee
$153M -$3.87M -52,108 -2%
Select Equity Group
5
Select Equity Group
New York
$141M -$22.4M -301,614 -13%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$117M -$1.09M -14,698 -0.9%
BFA
7
BlackRock Fund Advisors
California
$116M +$6.03M +81,178 +5%
CCM
8
Cantillon Capital Management
New York
$108M -$47.9M -645,900 -30%
BIT
9
BlackRock Institutional Trust
California
$101M +$1.06M +14,336 +1%
State Street
10
State Street
Massachusetts
$91.7M +$120K +1,622 +0.1%
Schroder Investment Management Group
11
Schroder Investment Management Group
United Kingdom
$78.8M -$4.19M -56,500 -5%
FMI
12
Fiduciary Management Inc
Wisconsin
$77.1M -$22.4M -302,325 -22%
RA
13
Royce & Associates
New York
$70.8M -$11.7M -158,300 -14%
AVC
14
Arlington Value Capital
Utah
$67.1M +$95.1K +1,281 +0.1%
ACH
15
ArrowMark Colorado Holdings
Colorado
$66.9M -$7.35M -98,993 -9%
Lord, Abbett & Co
16
Lord, Abbett & Co
New Jersey
$57.5M -$45.9M -618,252 -43%
VOYA Investment Management
17
VOYA Investment Management
Georgia
$55.6M +$57M +768,359 +3,949%
Fisher Asset Management
18
Fisher Asset Management
Washington
$48.6M -$957K -12,896 -2%
PFC
19
Poplar Forest Capital
California
$48.3M -$1.92M -25,845 -4%
Northern Trust
20
Northern Trust
Illinois
$44.6M +$1.52M +20,435 +3%
RRAM
21
River Road Asset Management
Kentucky
$44.5M -$13.4M -180,715 -22%
LCOV
22
London Company of Virginia
Virginia
$44M -$636K -8,565 -1%
Mackenzie Financial
23
Mackenzie Financial
Ontario, Canada
$36.1M -$4.15M -55,937 -10%
Renaissance Technologies
24
Renaissance Technologies
New York
$35M +$12.4M +166,900 +51%
Norges Bank
25
Norges Bank
Norway
$31.5M -$1.16M -15,627 -3%

MSM Hedge Fund Activity: Q2 2016 in Review

304 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in MSC Industrial Direct (MSM) for Q2 2016, worth a combined $3.43B — down 5.8% from $3.65B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new MSM positions and 30 closed out — a net gain of 28 holders — while 122 added to existing stakes and 93 trimmed.

The largest buyer was VOYA Investment Management, adding an estimated $57M. The largest seller was Cantillon Capital Management, cutting an estimated $47.9M.

  • 304 institutional investors held MSC Industrial Direct (MSM) as of Q2 2016, up from 280 in Q1 2016.
  • Funds reported $3.43B of MSC Industrial Direct stock for Q2 2016, down 5.8% quarter-over-quarter.
  • 58 funds opened new MSC Industrial Direct positions in Q2 2016 and 30 closed out, a net change of +28 holders.
  • The largest MSC Industrial Direct buyer in Q2 2016 was VOYA Investment Management, an estimated $57M added.
  • The largest MSC Industrial Direct seller in Q2 2016 was Cantillon Capital Management, an estimated $47.9M sold.

Based on aggregated 13F filings for Q2 2016.