MSC Industrial Direct
332 hedge funds and large institutions have $3.52B invested in MSC Industrial Direct in 2019 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 119 increasing their positions, 102 reducing their positions, and 42 closing their positions.
21% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 42
17% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 102
9% more capital invested
Capital invested by funds: $3.22B → $3.52B (+$301M)
1.91% more ownership
Funds ownership: 92.78% → 94.7% (+1.9%)
2% more funds holding
Funds holding: 327 → 332 (+5)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
95% less call options, than puts
Call options by funds: $496K | Put options by funds: $10.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$58.1M |
| 2 |
QI
QV Investors
Calgary,
Alberta, Canada
|
+$35.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$29.2M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
+$26.1M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$25.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$25.4M |
| 2 |
Renaissance Technologies
New York
|
-$23.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.4M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$21.7M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$13.5M |
MSM Hedge Fund Activity: Q1 2019 in Review
332 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in MSC Industrial Direct (MSM) for Q1 2019, worth a combined $3.52B — up 9.3% from $3.22B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new MSM positions and 42 closed out — a net gain of 9 holders — while 119 added to existing stakes and 102 trimmed.
The largest buyer was Lord, Abbett & Co, opening a new position worth an estimated $58.1M. The largest seller was AJO LP, exiting entirely with an estimated $25.4M sold.
- 332 institutional investors held MSC Industrial Direct (MSM) as of Q1 2019, up from 327 in Q4 2018.
- Funds reported $3.52B of MSC Industrial Direct stock for Q1 2019, up 9.3% quarter-over-quarter.
- 51 funds opened new MSC Industrial Direct positions in Q1 2019 and 42 closed out, a net change of +9 holders.
- The largest MSC Industrial Direct buyer in Q1 2019 was Lord, Abbett & Co, an estimated $58.1M added.
- The largest MSC Industrial Direct seller in Q1 2019 was AJO LP, an estimated $25.4M sold.
Based on aggregated 13F filings for Q1 2019.