National Interstate Corporation
NATL
NATL was delisted on the 10th of November, 2016.
60 hedge funds and large institutions have $490M invested in National Interstate Corporation in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 18 increasing their positions, 22 reducing their positions, and 10 closing their positions.
2% more capital invested
Capital invested by funds: $480M → $490M (+$10.4M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less funds holding
Funds holding: 66 → 60 (-6)
18% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 22
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$12.8M |
| 2 |
LOM
Loeb Offshore Management
New York
|
+$8.25M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$2.2M |
| 4 |
Renaissance Technologies
New York
|
+$450K |
| 5 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$322K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$4.7M |
| 2 |
SI
Standard Investments
New York
|
-$2.17M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$815K |
| 4 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$800K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$779K |
NATL Hedge Fund Activity: Q3 2014 in Review
60 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in National Interstate Corporation (NATL) for Q3 2014, worth a combined $490M — up 2.2% from $480M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of NATL and 4 opened new positions — a net loss of 6 holders — while 22 trimmed existing stakes and 18 added.
The largest buyer was Rutabaga Capital Management, adding an estimated $12.8M. The largest seller was Norges Bank, cutting an estimated $4.7M.
- 60 institutional investors held National Interstate Corporation (NATL) as of Q3 2014, down from 66 in Q2 2014.
- Funds reported $490M of National Interstate Corporation stock for Q3 2014, up 2.2% quarter-over-quarter.
- 4 funds opened new National Interstate Corporation positions in Q3 2014 and 10 closed out, a net change of -6 holders.
- The largest National Interstate Corporation buyer in Q3 2014 was Rutabaga Capital Management, an estimated $12.8M added.
- The largest National Interstate Corporation seller in Q3 2014 was Norges Bank, an estimated $4.7M sold.
Based on aggregated 13F filings for Q3 2014.