NewMarket
238 hedge funds and large institutions have $2.83B invested in NewMarket in 2014 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 61 increasing their positions, 107 reducing their positions, and 23 closing their positions.
13% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 23
3% more call options, than puts
Call options by funds: $13M | Put options by funds: $12.6M
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0% less funds holding
Funds holding: 239 → 238 (-1)
1.9% less ownership
Funds ownership: 60.74% → 58.84% (-1.9%)
8% less capital invested
Capital invested by funds: $3.06B → $2.83B (-$234M)
43% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 107
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.9M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.73M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.32M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$4.93M |
| 5 |
TA
Teachers Advisors
New York
|
+$4.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$37.1M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$28.7M |
| 3 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$27.7M |
| 4 |
Neuberger Berman Group
New York
|
-$16.6M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$14.9M |
NEU Hedge Fund Activity: Q3 2014 in Review
238 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q3 2014, worth a combined $2.83B — down 7.6% from $3.06B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new NEU positions and 23 closed out — a net gain of 3 holders — while 61 added to existing stakes and 107 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.9M. The largest seller was Norges Bank, cutting an estimated $37.1M.
- 238 institutional investors held NewMarket (NEU) as of Q3 2014, down from 239 in Q2 2014.
- Funds reported $2.83B of NewMarket stock for Q3 2014, down 7.6% quarter-over-quarter.
- 26 funds opened new NewMarket positions in Q3 2014 and 23 closed out, a net change of +3 holders.
- The largest NewMarket buyer in Q3 2014 was Morgan Stanley, an estimated $10.9M added.
- The largest NewMarket seller in Q3 2014 was Norges Bank, an estimated $37.1M sold.
Based on aggregated 13F filings for Q3 2014.