National Interstate Corporation
NATL
NATL was delisted on the 10th of November, 2016.
69 hedge funds and large institutions have $552M invested in National Interstate Corporation in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 30 increasing their positions, 14 reducing their positions, and 7 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 14
7% more capital invested
Capital invested by funds: $518M → $552M (+$34.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 71 → 69 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GF
Gabelli Funds
Rye,
New York
|
+$5.49M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$5.03M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$4.82M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
+$2.8M |
| 5 |
Renaissance Technologies
New York
|
+$2.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$8.8M |
| 2 |
FIG
Fortress Investment Group
New York
|
-$8.55M |
| 3 |
LIM
Longfellow Investment Management
Boston,
Massachusetts
|
-$3.58M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$2.63M |
| 5 |
GCIA
Gabelli & Co Investment Advisers
Rye,
New York
|
-$1.58M |
NATL Hedge Fund Activity: Q3 2016 in Review
69 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in National Interstate Corporation (NATL) for Q3 2016, worth a combined $552M — up 6.6% from $518M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of NATL and 6 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 30 added.
The largest buyer was Gabelli Funds, adding an estimated $5.49M. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $8.8M sold.
- 69 institutional investors held National Interstate Corporation (NATL) as of Q3 2016, down from 71 in Q2 2016.
- Funds reported $552M of National Interstate Corporation stock for Q3 2016, up 6.6% quarter-over-quarter.
- 6 funds opened new National Interstate Corporation positions in Q3 2016 and 7 closed out, a net change of -1 holder.
- The largest National Interstate Corporation buyer in Q3 2016 was Gabelli Funds, an estimated $5.49M added.
- The largest National Interstate Corporation seller in Q3 2016 was Highbridge Capital Management, an estimated $8.8M sold.
Based on aggregated 13F filings for Q3 2016.