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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.

New
Increased
Maintained
Reduced
Closed

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: 7873 (-5)

18% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 11

Holders
73
Holders Change
-5
Holders Change %
-6.41%
% of All Funds
1.59%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
9
Increased
28
Reduced
21
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$4.97M +$509K +18,191 +15%
Renaissance Technologies
2
Renaissance Technologies
New York
$4.34M -$178K -6,375 -5%
California Public Employees Retirement System
3
California Public Employees Retirement System
California
$3.65M
Bank of New York Mellon
4
Bank of New York Mellon
New York
$3.48M +$76.2K +2,725 +3%
ZCM
5
Zebra Capital Management
Connecticut
$1.36M +$574K +20,538 +116%
Northern Trust
6
Northern Trust
Illinois
$1.26M +$23.5K +841 +2%
JP Morgan Chase
7
JP Morgan Chase
New York
$1.24M +$268K +9,593 +33%
Arrowstreet Capital
8
Arrowstreet Capital
Massachusetts
$1.22M +$4.19K +150 +0.4%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$1.06M +$90.5K +3,237 +12%
State Street
10
State Street
Massachusetts
$1.06M +$951 +34 +0.1%
GPCM
11
Greenbrier Partners Capital Management
Texas
$1.02M
FM
12
Fondren Management
Texas
$1.01M -$11.7K -417 -1%
RJA
13
Raymond James & Associates
Florida
$906K -$2.8K -100 -0.4%
HighTower Advisors
14
HighTower Advisors
Illinois
$834K +$9.95K +356 +2%
CEP
15
Chicago Equity Partners
Illinois
$763K +$11.5K +412 +2%
HCM
16
Howland Capital Management
Massachusetts
$725K
SO
17
STRS Ohio
Ohio
$596K +$32.6K +1,167 +7%
Charles Schwab
18
Charles Schwab
California
$466K +$31K +1,108 +9%
Connor, Clark & Lunn Investment Management (CC&L)
19
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$390K +$13.1K +469 +4%
N
20
Nuveen
North Carolina
$355K +$278K +9,958 New
PPA
21
Parametric Portfolio Associates
Washington
$297K -$54.5K -1,950 -19%
Russell Investments Group
22
Russell Investments Group
United Kingdom
$294K -$73.5K -2,629 -24%
PAM
23
Panagora Asset Management
Massachusetts
$290K -$111K -3,954 -33%
American Century Companies
24
American Century Companies
Missouri
$270K -$337K -12,065 -61%
RC
25
RBF Capital
California
$239K

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.