NACCO Industries
74 hedge funds and large institutions have $110M invested in NACCO Industries in 2018 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 23 reducing their positions, and 11 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 23
2.7% less ownership
Funds ownership: 65.44% → 62.73% (-2.7%)
5% less funds holding
Funds holding: 78 → 74 (-4)
15% less capital invested
Capital invested by funds: $130M → $110M (-$19.6M)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$2.08M |
| 2 |
State Street
Boston,
Massachusetts
|
+$1.97M |
| 3 |
Renaissance Technologies
New York
|
+$1.85M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$843K |
| 5 |
CFMC
Curbstone Financial Management Corp
Manchester,
New Hampshire
|
+$779K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.81M |
| 2 |
IA
IndexIQ Advisors
New York
|
-$3.33M |
| 3 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
-$2.44M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$732K |
| 5 |
Two Sigma Investments
New York
|
-$596K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIM
76
Spark Investment Management
New York
| – | -$455K | -12,100 | Closed |
|
|
GCP
77
GSA Capital Partners
London,
United Kingdom
| – | -$272K | -7,213 | Closed |
|
|
TI
78
Trexquant Investment
Stamford,
Connecticut
| – | -$265K | -7,034 | Closed |
|
|
JG
79
Jefferies Group
New York
| – | -$261K | -6,937 | Closed |
|
80
California State Teachers Retirement System (CalSTRS)
West Sacramento,
California
| – | -$242K | -6,424 | Closed |
|
|
DTL
81
Dynamic Technology Lab
Singapore
| – | -$232K | -6,145 | Closed |
|
|
MC
82
Menta Capital
San Francisco,
California
| – | -$223K | -5,923 | Closed |
|
83
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$222K | -5,900 | Closed |
|
84
Squarepoint
New York
| – | -$210K | -5,581 | Closed |
|
|
FMA
85
FNY Managed Accounts
New York
| – | -$1K | -39 | Closed |
|
NC Hedge Fund Activity: Q1 2018 in Review
74 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in NACCO Industries (NC) for Q1 2018, worth a combined $110M — down 15% from $130M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of NC and 8 opened new positions — a net loss of 3 holders — while 23 trimmed existing stakes and 26 added.
The largest buyer was American Century Companies, adding an estimated $2.08M. The largest seller was Millennium Management, cutting an estimated $3.81M.
- 74 institutional investors held NACCO Industries (NC) as of Q1 2018, down from 78 in Q4 2017.
- Funds reported $110M of NACCO Industries stock for Q1 2018, down 15% quarter-over-quarter.
- 8 funds opened new NACCO Industries positions in Q1 2018 and 11 closed out, a net change of -3 holders.
- The largest NACCO Industries buyer in Q1 2018 was American Century Companies, an estimated $2.08M added.
- The largest NACCO Industries seller in Q1 2018 was Millennium Management, an estimated $3.81M sold.
Based on aggregated 13F filings for Q1 2018.