SecurityHDNG / Hardinge, Inc.
InstitutionPanagora Asset Management Inc
Shares43,826
Value $ 803,000

Panagora Asset Management Inc reports 6.49% decrease in ownership of HDNG / Hardinge, Inc.

May 15, 2018 - Panagora Asset Management Inc has filed a 13F-HR form disclosing ownership of 43,826 shares of Hardinge, Inc. (NASDAQ:HDNG) with total holdings valued at $803,000 USD as of March 31, 2018. Panagora Asset Management Inc had filed a previous 13F-HR on February 14, 2018 disclosing 46,866 shares of Hardinge, Inc. at a value of $816,000 USD. This represents a change in shares of -6.49 percent and a change in value of -1.59 percent during the quarter.

Other investors with positions similar to Panagora Asset Management Inc include BlackRock Investment Management, LLC, Harvest Management Llc, California Public Employees Retirement System, Stone Ridge Asset Management LLC, Us Bancorp \de\, and Strs Ohio.

Hardinge, Inc. has declared a standard industrial code (sic) of 3541 which is the "Machine Tools, Metal Cutting Types" industry. Panagora Asset Management Inc's top industries are "Agriculture production livestock and animal specialties" (sic 02), "Legal Services" (sic 81), and "Automotive Repair, Services, And Parking" (sic 75).

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-03-31 13F-HR HARDINGE COMMON 412324303 17.87 43,826 -6.49 803 -1.59 -54 41 5.06
2017-12-31 13F-HR HARDINGE COMMON 412324303 16.34 46,866 93.86 816 121.14 371 76 20.67
2017-09-30 13F-HR HARDINGE COMMON 412324303 13.84 24,175 -15.20 369 4.24 -60 75 21.17
2017-06-30 13F-HR HARDINGE COMMON 412324303 11.83 28,507 3.76 354 14.56 12 33 10.60
2017-03-31 13F-HR HARDINGE COMMON 412324303 11.17 27,473 -36.41 309 -35.49 -176 6 1.19
2016-12-31 13F-HR HARDINGE COMMON 412324303 11.19 43,205 24,309.60 479 23,850.00 482 -5 -230.84
2016-09-30 13F-HR HARDINGE COMMON 412324303 177 2


CUSIP: 412324303