Gates Capital Management’s Quanex NX Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2013
Q4
Sell
-2,650,713
Closed -$49.9M 32
2013
Q3
$49.9M Buy
2,650,713
+1,405,566
+113% +$24.7M 1.98% 21
2013
Q2
$21M Buy
+1,245,147
New +$21.4M 0.96% 27

Other funds holding NX

Gates Capital Management's NX Position: Q4 2013 in Review

Gates Capital Management sold out of Quanex (NX) in Q4 2013, closing a stake of 2,650,713 shares — an estimated $49.9M sold.

Gates Capital Management first reported a position in NX in Q2 2013 and held it in 2 quarters. The position peaked at $49.9M in Q3 2013. 126 funds tracked by Wall St. Rank hold NX as of Q4 2013.

  • Gates Capital Management reported no remaining Quanex position as of Q4 2013 after selling out during the quarter.
  • Gates Capital Management sold 2,650,713 Quanex shares in Q4 2013, an estimated $49.9M.
  • Gates Capital Management first reported a position in Quanex in Q2 2013 and held it in 2 quarters.
  • Gates Capital Management's Quanex position peaked at $49.9M in Q3 2013.
  • 126 funds tracked by Wall St. Rank held Quanex as of Q4 2013.

Based on Gates Capital Management's 13F filing for Q4 2013, filed 14 Feb 2014.