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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.

New
Increased
Maintained
Reduced
Closed

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: 44 (0)

1.03% less ownership

Funds ownership: 97.76%96.73% (-1%)

4% less funds holding

Funds holding: 302290 (-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

Holders
290
Holders Change
-12
Holders Change %
-3.97%
% of All Funds
7.23%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
38
Increased
122
Reduced
99
Closed
47
Calls
$6.3M
Puts
$2.76M
Net Calls
+$3.54M
Net Calls Change
+$2.14M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$361M -$22.5M -256,231 -6%
BlackRock
2
BlackRock
New York
$316M -$4.51M -51,231 -1%
JP Morgan Chase
3
JP Morgan Chase
New York
$269M +$57.1M +649,201 +26%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$231M -$34.3M -389,636 -13%
NSCM
5
New South Capital Management
Tennessee
$172M -$3.66M -41,661 -2%
AllianceBernstein
6
AllianceBernstein
Tennessee
$124M +$92.2M +1,048,714 +267%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$108M -$11.4M -130,167 -9%
State Street
8
State Street
Massachusetts
$105M +$1.7M +19,302 +2%
Goldman Sachs
9
Goldman Sachs
New York
$94.1M -$18.9M -215,224 -16%
Jennison Associates
10
Jennison Associates
New York
$78.4M +$27.7M +315,012 +53%
Massachusetts Financial Services
11
Massachusetts Financial Services
Massachusetts
$75.1M +$53.4M +607,472 +229%
Robeco Institutional Asset Management
12
Robeco Institutional Asset Management
Netherlands
$64.8M +$5.32M +60,454 +9%
Victory Capital Management
13
Victory Capital Management
Texas
$60.9M +$1.41M +15,989 +2%
ACH
14
ArrowMark Colorado Holdings
Colorado
$58M +$10.4M +117,784 +21%
Fisher Asset Management
15
Fisher Asset Management
Washington
$53.8M -$1.82M -20,728 -3%
Schroder Investment Management Group
16
Schroder Investment Management Group
United Kingdom
$53.6M +$925K +10,519 +2%
AQR Capital Management
17
AQR Capital Management
Connecticut
$53.4M -$24.6M -279,316 -31%
LCOV
18
London Company of Virginia
Virginia
$51.7M -$1.92M -21,873 -4%
Norges Bank
19
Norges Bank
Norway
$51.4M +$12.1M +137,381 +30%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$49.4M -$2.36M -26,794 -4%
PFC
21
Poplar Forest Capital
California
$48.9M -$287K -3,265 -0.6%
FMI
22
Fiduciary Management Inc
Wisconsin
$45M -$925K -10,517 -2%
GT
23
Glenmede Trust
Pennsylvania
$43.8M
Deutsche Bank
24
Deutsche Bank
Germany
$40.5M +$7.77M +88,390 +23%
Dimensional Fund Advisors
25
Dimensional Fund Advisors
Texas
$40.2M +$3.97M +45,196 +11%

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.