Powell Industries
POWL
125 hedge funds and large institutions have $201M invested in Powell Industries in 2020 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 46 increasing their positions, 41 reducing their positions, and 37 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 41
1.82% less ownership
Funds ownership: 204.25% → 202.43% (-1.8%)
13% less funds holding
Funds holding: 144 → 125 (-19)
48% less capital invested
Capital invested by funds: $386M → $201M (-$186M)
49% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$5.31M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.02M |
| 3 |
JP Morgan Chase
New York
|
+$3.62M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.33M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$8.41M |
| 2 |
Millennium Management
New York
|
-$3.77M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$2.89M |
| 4 |
Morgan Stanley
New York
|
-$2.76M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$1.92M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$277K | -16,950 | Closed |
|
152
HSBC Holdings
London,
United Kingdom
| – | -$270K | -16,587 | Closed |
|
|
ACI
153
AMP Capital Investors
Sydney,
Australia
| – | -$230K | -14,100 | Closed |
|
|
SSA
154
Schonfeld Strategic Advisors
New York
| – | -$230K | -14,043 | Closed |
|
|
CS
155
Credit Suisse
Zurich,
Switzerland
| – | -$227K | -13,884 | Closed |
|
|
CIP
156
Cornerstone Investment Partners
Atlanta,
Georgia
| – | -$211K | -12,942 | Closed |
|
|
DWA
157
Dorsey Wright & Associates
Pasadena,
California
| – | -$15K | -924 | Closed |
|
|
PCM
158
Prelude Capital Management
New York
| – | -$14K | -876 | Closed |
|
|
CFG
159
Citizens Financial Group
Providence,
Rhode Island
| – | -$5K | -327 | Closed |
|
|
GAM
160
Gemmer Asset Management
Walnut Creek,
California
| – | -$3K | -159 | Closed |
|
|
PFBT
161
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | +$466 | +39 | New |
|
|
HGWM
162
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | +$646 | +54 | New |
|
POWL Hedge Fund Activity: Q1 2020 in Review
125 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Powell Industries (POWL) for Q1 2020, worth a combined $201M — down 48% from $386M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of POWL and 19 opened new positions — a net loss of 18 holders — while 41 trimmed existing stakes and 46 added.
The largest buyer was DePrince Race & Zollo Inc (DRZ), adding an estimated $5.31M. The largest seller was Heartland Advisors, cutting an estimated $8.41M.
- 125 institutional investors held Powell Industries (POWL) as of Q1 2020, down from 144 in Q4 2019.
- Funds reported $201M of Powell Industries stock for Q1 2020, down 48% quarter-over-quarter.
- 19 funds opened new Powell Industries positions in Q1 2020 and 37 closed out, a net change of -18 holders.
- The largest Powell Industries buyer in Q1 2020 was DePrince Race & Zollo Inc (DRZ), an estimated $5.31M added.
- The largest Powell Industries seller in Q1 2020 was Heartland Advisors, an estimated $8.41M sold.
Based on aggregated 13F filings for Q1 2020.