HireQuest
HQI
52 hedge funds and large institutions have $40.1M invested in HireQuest in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 8 closing their positions.
188% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 8
62% more capital invested
Capital invested by funds: $24.7M → $40.1M (+$15.3M)
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
41% more funds holding
Funds holding: 37 → 52 (+15)
2.84% more ownership
Funds ownership: 8.24% → 11.08% (+2.8%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$5.38M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
+$1.42M |
| 3 |
State Street
Boston,
Massachusetts
|
+$1.34M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.32M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$850K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.19M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$761K |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
-$436K |
| 4 |
Goldman Sachs
New York
|
-$310K |
| 5 |
HF
HRT Financial
New York
|
-$273K |
HQI Hedge Fund Activity: Q2 2023 in Review
52 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in HireQuest (HQI) for Q2 2023, worth a combined $40.1M — up 62% from $24.7M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new HQI positions and 8 closed out — a net gain of 15 holders — while 14 added to existing stakes and 9 trimmed.
The largest buyer was BlackRock, adding an estimated $5.38M. The largest seller was Millennium Management, exiting entirely with an estimated $1.19M sold.
- 52 institutional investors held HireQuest (HQI) as of Q2 2023, up from 37 in Q1 2023.
- Funds reported $40.1M of HireQuest stock for Q2 2023, up 62% quarter-over-quarter.
- 23 funds opened new HireQuest positions in Q2 2023 and 8 closed out, a net change of +15 holders.
- The largest HireQuest buyer in Q2 2023 was BlackRock, an estimated $5.38M added.
- The largest HireQuest seller in Q2 2023 was Millennium Management, an estimated $1.19M sold.
Based on aggregated 13F filings for Q2 2023.