National Interstate Corporation
NATL
NATL was delisted on the 10th of November, 2016.
66 hedge funds and large institutions have $480M invested in National Interstate Corporation in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 10 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 21
5% more capital invested
Capital invested by funds: $457M → $480M (+$22.9M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 67 → 66 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$3.59M |
| 2 |
LOM
Loeb Offshore Management
New York
|
+$3.34M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$2.47M |
| 4 |
Renaissance Technologies
New York
|
+$735K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
+$414K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$2.38M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
-$1.32M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$956K |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$884K |
| 5 |
Morgan Stanley
New York
|
-$789K |
NATL Hedge Fund Activity: Q2 2014 in Review
66 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in National Interstate Corporation (NATL) for Q2 2014, worth a combined $480M — up 5% from $457M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NATL and 9 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 24 added.
The largest buyer was Rutabaga Capital Management, adding an estimated $3.59M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $2.38M sold.
- 66 institutional investors held National Interstate Corporation (NATL) as of Q2 2014, down from 67 in Q1 2014.
- Funds reported $480M of National Interstate Corporation stock for Q2 2014, up 5% quarter-over-quarter.
- 9 funds opened new National Interstate Corporation positions in Q2 2014 and 10 closed out, a net change of -1 holder.
- The largest National Interstate Corporation buyer in Q2 2014 was Rutabaga Capital Management, an estimated $3.59M added.
- The largest National Interstate Corporation seller in Q2 2014 was JP Morgan Chase, an estimated $2.38M sold.
Based on aggregated 13F filings for Q2 2014.