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82 hedge funds and large institutions have $22M invested in Valhi in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 31 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.03% less ownership

Funds ownership: 0.31%0.28% (-0.03%)

10% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 31

12% less funds holding

Funds holding: 9382 (-11)

23% less capital invested

Capital invested by funds: $28.6M → $22M (-$6.64M)

61% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 18

Holders
82
Holders Change
-11
Holders Change %
-11.83%
% of All Funds
1.83%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
28
Reduced
31
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$2.93M +$93.1K +3,706 +3%
Renaissance Technologies
2
Renaissance Technologies
New York
$2.93M -$291K -11,606 -8%
California Public Employees Retirement System
3
California Public Employees Retirement System
California
$2.37M +$2.08M +82,723 +423%
Bank of New York Mellon
4
Bank of New York Mellon
New York
$2.12M +$491K +19,563 +27%
SCP
5
Seizert Capital Partners
Michigan
$1.43M -$10.3K -412 -0.7%
Northern Trust
6
Northern Trust
Illinois
$799K -$295K -11,734 -25%
GPCM
7
Greenbrier Partners Capital Management
Texas
$665K
TCIM
8
TIAA CREF Investment Management
New York
$628K +$264K +10,504 +63%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$626K -$203K -8,099 -23%
State Street
10
State Street
Massachusetts
$603K -$51.3K -2,044 -7%
RJA
11
Raymond James & Associates
Florida
$543K +$6.91K +275 +1%
CEP
12
Chicago Equity Partners
Illinois
$527K -$1.48K -59 -0.3%
JP Morgan Chase
13
JP Morgan Chase
New York
$496K +$101K +4,028 +23%
HCM
14
Howland Capital Management
Massachusetts
$471K
ZCM
15
Zebra Capital Management
Connecticut
$424K -$27.1K -1,081 -6%
SO
16
STRS Ohio
Ohio
$381K
Charles Schwab
17
Charles Schwab
California
$265K -$5.42K -216 -2%
PPA
18
Parametric Portfolio Associates
Washington
$257K +$65.2K +2,598 +31%
Arrowstreet Capital
19
Arrowstreet Capital
Massachusetts
$241K -$110K -4,375 -30%
Russell Investments Group
20
Russell Investments Group
United Kingdom
$217K +$235K +9,345 +26,700%
AQR Capital Management
21
AQR Capital Management
Connecticut
$208K -$1.14M -45,298 -83%
Deutsche Bank
22
Deutsche Bank
Germany
$182K -$56.3K -2,244 -22%
Connor, Clark & Lunn Investment Management (CC&L)
23
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$174K +$30K +1,194 +19%
RC
24
RBF Capital
California
$155K +$169K +6,712 New
TA
25
Teachers Advisors
New York
$133K

VHI Hedge Fund Activity: Q4 2018 in Review

82 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Valhi (VHI) for Q4 2018, worth a combined $22M — down 23% from $28.6M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of VHI and 7 opened new positions — a net loss of 11 holders — while 31 trimmed existing stakes and 28 added.

The largest buyer was California Public Employees Retirement System, adding an estimated $2.08M. The largest seller was AQR Capital Management, cutting an estimated $1.14M.

  • 82 institutional investors held Valhi (VHI) as of Q4 2018, down from 93 in Q3 2018.
  • Funds reported $22M of Valhi stock for Q4 2018, down 23% quarter-over-quarter.
  • 7 funds opened new Valhi positions in Q4 2018 and 18 closed out, a net change of -11 holders.
  • The largest Valhi buyer in Q4 2018 was California Public Employees Retirement System, an estimated $2.08M added.
  • The largest Valhi seller in Q4 2018 was AQR Capital Management, an estimated $1.14M sold.

Based on aggregated 13F filings for Q4 2018.