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NCS Multistage Holdings

56 hedge funds and large institutions have $611M invested in NCS Multistage Holdings in 2017 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 13 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

77% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 13

0.02% more ownership

Funds ownership: 4.69%4.72% (+0.02%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

8% less funds holding

Funds holding: 6156 (-5)

29% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 17

38% less capital invested

Capital invested by funds: $985M → $611M (-$374M)

Holders
56
Holders Change
-5
Holders Change %
-8.2%
% of All Funds
1.27%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
12
Increased
23
Reduced
13
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AI
1
Advent International
Massachusetts
$436M
Fidelity Investments
2
Fidelity Investments
Massachusetts
$53M +$14.9M +40,283 +29%
Lazard Asset Management
3
Lazard Asset Management
New York
$19.4M +$4.77M +12,888 +24%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$18.4M +$4.93M +13,307 +27%
Goldman Sachs
5
Goldman Sachs
New York
$12.4M -$103K -279 -0.7%
Vanguard Group
6
Vanguard Group
Pennsylvania
$11.5M +$1.31M +3,537 +10%
Jennison Associates
7
Jennison Associates
New York
$9.77M +$2.98M +8,054 +32%
Victory Capital Management
8
Victory Capital Management
Texas
$7.66M +$3.55M +9,581 +58%
ECA
9
Encompass Capital Advisors
New York
$7.49M -$1.24M -3,340 -12%
BlackRock
10
BlackRock
New York
$7.28M -$27.4K -74 -0.3%
Principal Financial Group
11
Principal Financial Group
Iowa
$4.7M +$74.8K +202 +1%
NIM
12
NXG Investment Management
Texas
$2.53M +$2.38M +6,442 +299%
State Street
13
State Street
Massachusetts
$2.42M +$76.3K +206 +3%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$2.14M +$46.6K +126 +2%
Northern Trust
15
Northern Trust
Illinois
$1.81M +$75.9K +205 +3%
RHJA
16
Rice Hall James & Associates
California
$1.62M +$2.04M +5,509 New
WRF
17
Waddell & Reed Financial
Kansas
$1.54M
GC
18
Guggenheim Capital
Illinois
$1.25M +$1.57M +4,230 New
BAMCO Inc
19
BAMCO Inc
New York
$1M +$246K +665 +24%
Norges Bank
20
Norges Bank
Norway
$737K
TCIM
21
TIAA CREF Investment Management
New York
$732K +$68.5K +185 +8%
Wellington Management Group
22
Wellington Management Group
Massachusetts
$609K +$764K +2,064 New
Bank of New York Mellon
23
Bank of New York Mellon
New York
$602K +$155K +418 +26%
Charles Schwab
24
Charles Schwab
California
$537K +$3.7K +10 +0.6%
BPIM
25
Brant Point Investment Management
New York
$508K -$575K -1,553 -47%

NCSM Hedge Fund Activity: Q4 2017 in Review

56 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in NCS Multistage Holdings (NCSM) for Q4 2017, worth a combined $611M — down 38% from $985M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of NCSM and 12 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 23 added.

The largest buyer was Fidelity Investments, adding an estimated $14.9M. The largest seller was Boston Partners, exiting entirely with an estimated $22M sold.

  • 56 institutional investors held NCS Multistage Holdings (NCSM) as of Q4 2017, down from 61 in Q3 2017.
  • Funds reported $611M of NCS Multistage Holdings stock for Q4 2017, down 38% quarter-over-quarter.
  • 12 funds opened new NCS Multistage Holdings positions in Q4 2017 and 17 closed out, a net change of -5 holders.
  • The largest NCS Multistage Holdings buyer in Q4 2017 was Fidelity Investments, an estimated $14.9M added.
  • The largest NCS Multistage Holdings seller in Q4 2017 was Boston Partners, an estimated $22M sold.

Based on aggregated 13F filings for Q4 2017.