NACCO Industries
78 hedge funds and large institutions have $130M invested in NACCO Industries in 2017 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 1 increasing their positions, 64 reducing their positions, and 22 closing their positions.
10% less funds holding
Funds holding: 87 → 78 (-9)
41% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 22
57% less capital invested
Capital invested by funds: $304M → $130M (-$173M)
98% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 64
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
231.2% less ownership
Funds ownership: 296.64% → 65.44% (-231%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$4.08M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$1.8M |
| 3 |
IA
IndexIQ Advisors
New York
|
+$1.37M |
| 4 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$958K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$290K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$73.4M |
| 2 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
-$62.8M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$60.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$46.3M |
| 5 |
BlackRock
New York
|
-$38.3M |
NC Hedge Fund Activity: Q4 2017 in Review
78 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in NACCO Industries (NC) for Q4 2017, worth a combined $130M — down 57% from $304M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of NC and 13 opened new positions — a net loss of 9 holders — while 64 trimmed existing stakes and 1 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $4.08M. The largest seller was PNC Financial Services Group, cutting an estimated $73.4M.
- 78 institutional investors held NACCO Industries (NC) as of Q4 2017, down from 87 in Q3 2017.
- Funds reported $130M of NACCO Industries stock for Q4 2017, down 57% quarter-over-quarter.
- 13 funds opened new NACCO Industries positions in Q4 2017 and 22 closed out, a net change of -9 holders.
- The largest NACCO Industries buyer in Q4 2017 was Millennium Management, an estimated $4.08M added.
- The largest NACCO Industries seller in Q4 2017 was PNC Financial Services Group, an estimated $73.4M sold.
Based on aggregated 13F filings for Q4 2017.