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Valvoline

128 hedge funds and large institutions have $1.08B invested in Valvoline in 2016 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 39 increasing their positions, 20 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

95% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 20

42% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 45

26% more capital invested

Capital invested by funds: $862M → $1.08B (+$222M)

14% more funds holding

Funds holding: 112128 (+16)

5.89% more ownership

Funds ownership: 18.74%24.63% (+5.9%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

37% less call options, than puts

Call options by funds: $1.06M | Put options by funds: $1.7M

Holders
128
Holders Change
+16
Holders Change %
+14.29%
% of All Funds
3.2%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
64
Increased
39
Reduced
20
Closed
45
Calls
$1.06M
Puts
$1.7M
Net Calls
-$631K
Net Calls Change
-$631K
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$127M +$23.3M +1,101,267 +23%
PIM
2
Perkins Investment Management
Illinois
$68M +$61.9M +2,923,515 +1,221%
Goldman Sachs
3
Goldman Sachs
New York
$51.7M +$11.5M +545,044 +29%
VFA
4
Virtus Fund Advisers
Connecticut
$47.1M +$25.3M +1,194,300 +120%
JG
5
Jefferies Group
New York
$42.6M +$42M +1,983,638 New
IGM
6
Incline Global Management
New York
$41.4M +$15.5M +732,413 +61%
Vanguard Group
7
Vanguard Group
Pennsylvania
$39.8M +$37.1M +1,749,370 +1,749%
Lazard Asset Management
8
Lazard Asset Management
New York
$38.6M +$11.7M +552,761 +45%
JHIU
9
Janus Henderson Investors US
Colorado
$36.6M +$31.6M +1,492,001 +710%
WRF
10
Waddell & Reed Financial
Kansas
$34.1M +$16.2M +763,456 +93%
TCM
11
TimesSquare Capital Management
New York
$33.8M +$10.4M +490,500 +45%
JP Morgan Chase
12
JP Morgan Chase
New York
$33.4M +$25.1M +1,183,086 +320%
CCMLC
13
Cardinal Capital Management LLC (Connecticut)
Connecticut
$33M +$32.3M +1,526,043 +15,260%
JP
14
Jana Partners
New York
$28.4M +$5.72M +270,027 +26%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$28.2M +$27.8M +1,309,861 +133,796%
EIP
16
Epoch Investment Partners
New York
$27.4M +$4.84M +228,651 +22%
SC
17
Sculptor Capital
New York
$25.7M -$1.27M -59,933 -5%
Ameriprise
18
Ameriprise
Minnesota
$25.7M +$7.7M +363,330 +44%
VOYA Investment Management
19
VOYA Investment Management
Georgia
$23.6M +$5.07M +239,437 +28%
GAM
20
Goldentree Asset Management
New York
$17.8M +$17.5M +824,811 New
Norges Bank
21
Norges Bank
Norway
$17.2M
MGM
22
Miura Global Management
New York
$17.2M +$6.36M +300,000 +60%
SCM
23
Sirios Capital Management
Massachusetts
$16.1M +$3.05M +144,146 +24%
Fidelity Investments
24
Fidelity Investments
Massachusetts
$15.3M +$2.18M +103,000 +17%
BC
25
Bodenholm Capital
Sweden
$14.1M +$13.9M +654,000 New

VVV Hedge Fund Activity: Q4 2016 in Review

128 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Valvoline (VVV) for Q4 2016, worth a combined $1.08B — up 26% from $862M a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new VVV positions and 45 closed out — a net gain of 19 holders — while 39 added to existing stakes and 20 trimmed.

The largest buyer was Perkins Investment Management, adding an estimated $61.9M. The largest seller was Federated Hermes, exiting entirely with an estimated $45.9M sold.

  • 128 institutional investors held Valvoline (VVV) as of Q4 2016, up from 112 in Q3 2016.
  • Funds reported $1.08B of Valvoline stock for Q4 2016, up 26% quarter-over-quarter.
  • 64 funds opened new Valvoline positions in Q4 2016 and 45 closed out, a net change of +19 holders.
  • The largest Valvoline buyer in Q4 2016 was Perkins Investment Management, an estimated $61.9M added.
  • The largest Valvoline seller in Q4 2016 was Federated Hermes, an estimated $45.9M sold.

Based on aggregated 13F filings for Q4 2016.