NewMarket
NEU
225 hedge funds and large institutions have $2.38B invested in NewMarket in 2013 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 83 increasing their positions, 85 reducing their positions, and 20 closing their positions.
149% more call options, than puts
Call options by funds: $12.9M | Put options by funds: $5.18M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
10% more capital invested
Capital invested by funds: $2.17B → $2.38B (+$214M)
0.04% more ownership
Funds ownership: 62.27% → 62.31% (+0.04%)
2% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 85
5% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 20
1% less funds holding
Funds holding: 228 → 225 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$18.6M |
| 2 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
+$9.75M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$7.24M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.59M |
| 5 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$6.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$16.1M |
| 2 |
Bank of New York Mellon
New York
|
-$10.8M |
| 3 |
Neuberger Berman Group
New York
|
-$8.87M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$6.64M |
| 5 |
RA
Royce & Associates
New York
|
-$6.2M |
NEU Hedge Fund Activity: Q3 2013 in Review
225 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q3 2013, worth a combined $2.38B — up 9.8% from $2.17B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of NEU and 19 opened new positions — a net loss of 1 holder — while 85 trimmed existing stakes and 83 added.
The largest buyer was JP Morgan Chase, adding an estimated $18.6M. The largest seller was Managed Account Advisors, cutting an estimated $16.1M.
- 225 institutional investors held NewMarket (NEU) as of Q3 2013, down from 228 in Q2 2013.
- Funds reported $2.38B of NewMarket stock for Q3 2013, up 9.8% quarter-over-quarter.
- 19 funds opened new NewMarket positions in Q3 2013 and 20 closed out, a net change of -1 holder.
- The largest NewMarket buyer in Q3 2013 was JP Morgan Chase, an estimated $18.6M added.
- The largest NewMarket seller in Q3 2013 was Managed Account Advisors, an estimated $16.1M sold.
Based on aggregated 13F filings for Q3 2013.