Valhi
VHI
73 hedge funds and large institutions have $35M invested in Valhi in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 21 reducing their positions, and 11 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 21
25% more capital invested
Capital invested by funds: $28M → $35M (+$6.92M)
0.01% less ownership
Funds ownership: 0.3% → 0.29% (-0.01%)
6% less funds holding
Funds holding: 78 → 73 (-5)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZCM
Zebra Capital Management
Stamford,
Connecticut
|
+$574K |
| 2 |
BlackRock
New York
|
+$509K |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$278K |
| 4 |
JP Morgan Chase
New York
|
+$268K |
| 5 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$122K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$722K |
| 2 |
SG Americas Securities
New York
|
-$342K |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$337K |
| 4 |
Morgan Stanley
New York
|
-$184K |
| 5 |
Renaissance Technologies
New York
|
-$178K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
76
Tower Research Capital (TRC)
New York
| – | -$49K | -1,777 | Closed |
|
|
MC
77
Menta Capital
San Francisco,
California
| – | -$41K | -1,471 | Closed |
|
|
RA
78
Royce & Associates
New York
| – | -$30K | -1,077 | Closed |
|
|
JG
79
Jefferies Group
New York
| – | -$28K | -1,000 | Closed |
|
|
CSS
80
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$22K | -800 | Closed |
|
81
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$14K | -517 | Closed |
|
|
FQ
82
First Quadrant
Glendale,
California
| – | -$6K | -212 | Closed |
|
|
PHK
83
Point72 Hong Kong
Hong Kong
| – | -$2K | -58 | Closed |
|
84
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -43 | Closed |
|
VHI Hedge Fund Activity: Q2 2019 in Review
73 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Valhi (VHI) for Q2 2019, worth a combined $35M — up 25% from $28M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of VHI and 9 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 28 added.
The largest buyer was Zebra Capital Management, adding an estimated $574K. The largest seller was Cambridge Investment Research Advisors, exiting entirely with an estimated $722K sold.
- 73 institutional investors held Valhi (VHI) as of Q2 2019, down from 78 in Q1 2019.
- Funds reported $35M of Valhi stock for Q2 2019, up 25% quarter-over-quarter.
- 9 funds opened new Valhi positions in Q2 2019 and 11 closed out, a net change of -2 holders.
- The largest Valhi buyer in Q2 2019 was Zebra Capital Management, an estimated $574K added.
- The largest Valhi seller in Q2 2019 was Cambridge Investment Research Advisors, an estimated $722K sold.
Based on aggregated 13F filings for Q2 2019.