Powell Industries
POWL
123 hedge funds and large institutions have $216M invested in Powell Industries in 2020 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 50 increasing their positions, 37 reducing their positions, and 16 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 37
8% more capital invested
Capital invested by funds: $201M → $216M (+$15.4M)
1.56% more ownership
Funds ownership: 202.43% → 204% (+1.6%)
2% less funds holding
Funds holding: 125 → 123 (-2)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
Top Buyers
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2.34M |
| 2 |
JP Morgan Chase
New York
|
+$1.78M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$1.69M |
| 4 |
WG
Winton Group
London,
United Kingdom
|
+$1.48M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
+$1.05M |
Top Sellers
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$6.45M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.72M |
| 3 |
Millennium Management
New York
|
-$2.17M |
| 4 |
1CM
1492 Capital Management
Milwaukee,
Wisconsin
|
-$1.07M |
| 5 |
Renaissance Technologies
New York
|
-$612K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Capital Fund Management (CFM)
Paris,
France
| – | -$284K | -33,144 | Closed |
|
|
GCP
127
GSA Capital Partners
London,
United Kingdom
| – | -$254K | -29,742 | Closed |
|
|
CSS
128
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$229K | -26,790 | Closed |
|
|
MERSOM
129
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
| – | -$69K | -8,070 | Closed |
|
130
Fidelity Investments
Boston,
Massachusetts
| – | -$39K | -4,500 | Closed |
|
|
IUHSA
131
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
| – | -$27K | -3,183 | Closed |
|
|
PHK
132
Point72 Hong Kong
Hong Kong
| – | -$15K | -1,809 | Closed |
|
|
ASN
133
Advisory Services Network
Atlanta,
Georgia
| – | -$13K | -1,515 | Closed |
|
|
NFG
134
Next Financial Group
Houston,
Texas
| – | -$13K | -1,500 | Closed |
|
|
EIP
135
Ellis Investment Partners
Berwyn,
Pennsylvania
| – | -$10K | -1,383 | Closed |
|
|
AIS
136
Accurate Investment Solutions
Seven Fields,
Pennsylvania
| – | -$11K | -1,314 | Closed |
|
|
AIM
137
Aigen Investment Management
New York
| – | -$2K | -228 | Closed |
|
POWL Hedge Fund Activity: Q2 2020 in Review
123 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Powell Industries (POWL) for Q2 2020, worth a combined $216M — up 7.7% from $201M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of POWL and 14 opened new positions — a net loss of 2 holders — while 37 trimmed existing stakes and 50 added.
The largest buyer was Assenagon Asset Management, opening a new position worth an estimated $2.34M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $6.45M sold.
- 123 institutional investors held Powell Industries (POWL) as of Q2 2020, down from 125 in Q1 2020.
- Funds reported $216M of Powell Industries stock for Q2 2020, up 7.7% quarter-over-quarter.
- 14 funds opened new Powell Industries positions in Q2 2020 and 16 closed out, a net change of -2 holders.
- The largest Powell Industries buyer in Q2 2020 was Assenagon Asset Management, an estimated $2.34M added.
- The largest Powell Industries seller in Q2 2020 was DePrince Race & Zollo Inc (DRZ), an estimated $6.45M sold.
Based on aggregated 13F filings for Q2 2020.