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AIT

Applied Industrial Tech Inc

2 super-investor ownerscombined $89Mlargest position 0.8%
1 NEW

2 super-investors hold AIT worth a combined $89M. The largest position: Henry Ellenbogen at 0.8% of their portfolio. This quarter the cohort logged 1 buy and 0 sells on the name. Cohort Conviction Score: 31 — ranked #359 of 724 scored stocks.

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Why super-investors own AIT

The dominant story this quarter is Henry Ellenbogen's new position, which at $79M represents 0.8% of his portfolio and accounts for nearly 90% of the cohort's combined $89M exposure. Joel Greenblatt holds the remaining $11M at negligible portfolio weight. With the cohort owner count sitting at just one for the prior eight quarters before Ellenbogen's entry, interest in AIT had been minimal — his initiation is effectively the entire thesis here. It is too early to characterize this as a trend; one new position, however sizeable, does not constitute rising cohort conviction. Greenblatt's legacy stake adds limited signal given its de minimis weighting.

AI-synthesized from 13F filings. Not investment advice.

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Long US equity 13F-HR filings only. CUSIP 03820C105. Not investment advice.