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U.S. Silica Holdings: Recent Institutional Investor Activity

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Top investors

So far, we’ve discussed the recent institutional investor activity in some of the top oilfield services stocks including Schlumberger (SLB), Halliburton (HAL), National Oilwell Varco (NOV), and Baker Hughes (BHGE). In this part, we’ll discuss the recent changes in institutional investors’ holdings in U.S. Silica Holdings (SLCA).

BlackRock Institutional Trust Company, Ariel Investments, and the Vanguard Group are the top three investors in U.S. Silica Holdings. The three investors own 14.6%, 13.7%, and 10.7%, respectively, of U.S. Silica Holdings’ outstanding shares.

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In the fourth quarter, BlackRock Institutional Trust Company, Ariel Investments, and the Vanguard Group added 1.0 million, 1.6 million, and 0.1 million U.S. Silica Holdings shares, respectively, to their holdings. The above table shows the ten largest institutional investors in U.S. Silica Holdings and their latest position changes.

Together, the top ten investors own 76.5% of U.S. Silica Holdings’ outstanding shares. Combined, nine of the top ten investors added 2.4 million U.S. Silica Holdings shares to their positions in the fourth quarter. Caselton Investments’ position hasn’t changed since June.

Top transactions

Recently, among the largest “buy” transactions, Ariel Investments bought 1.6 million U.S. Silica Holdings shares. Prescott Group Capital Management and BlackRock Institutional Trust Company each bought 1.0 million U.S. Silica Holdings shares.

On the other hand, Glenmede Investment Management LP sold 1.2 million U.S. Silica Holdings shares. Morgan Stanley Wealth Management and BlueMountain Capital Management sold 0.9 million and 0.8 million shares, respectively.

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