NewMarket
NEU
239 hedge funds and large institutions have $3.06B invested in NewMarket in 2014 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 66 increasing their positions, 104 reducing their positions, and 18 closing their positions.
60% more call options, than puts
Call options by funds: $28.2M | Put options by funds: $17.6M
6% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 18
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.09% less ownership
Funds ownership: 60.83% → 60.74% (-0.09%)
0% less capital invested
Capital invested by funds: $3.07B → $3.06B (-$3.89M)
0% less funds holding
Funds holding: 240 → 239 (-1)
37% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 104
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$40.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$17.9M |
| 3 |
JP Morgan Chase
New York
|
+$13.8M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$12.5M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$9.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$34.1M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$25.8M |
| 3 |
RA
Royce & Associates
New York
|
-$20.8M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$11.9M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$11.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
HighTower Advisors
Chicago,
Illinois
| – | -$247K | -632 | Closed |
|
|
FIM
252
Freedom Investment Management
Hartford,
Connecticut
| – | -$224K | -572 | Closed |
|
|
PP
253
Palladium Partners
Norfolk,
Virginia
| – | -$29K | -75 | Closed |
|
|
FBT
254
Founders Bank & Trust
Grand Rapids,
Michigan
| – | -$23K | -59 | Closed |
|
|
AUB
255
Atlantic Union Bankshares
Glen Allen,
Virginia
| – | -$12K | -40 | Closed |
|
|
PCM
256
Prelude Capital Management
New York
| – | -$8K | -20 | Closed |
|
|
MFS
257
MSI Financial Services
Springfield,
Massachusetts
| – | +$385 | +1 | New |
|
NEU Hedge Fund Activity: Q2 2014 in Review
239 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q2 2014, worth a combined $3.06B — down 0.13% from $3.07B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new NEU positions and 18 closed out — a net gain of 1 holder — while 66 added to existing stakes and 104 trimmed.
The largest buyer was Norges Bank, adding an estimated $40.9M. The largest seller was T. Rowe Price Associates, cutting an estimated $34.1M.
- 239 institutional investors held NewMarket (NEU) as of Q2 2014, down from 240 in Q1 2014.
- Funds reported $3.06B of NewMarket stock for Q2 2014, down 0.13% quarter-over-quarter.
- 19 funds opened new NewMarket positions in Q2 2014 and 18 closed out, a net change of +1 holder.
- The largest NewMarket buyer in Q2 2014 was Norges Bank, an estimated $40.9M added.
- The largest NewMarket seller in Q2 2014 was T. Rowe Price Associates, an estimated $34.1M sold.
Based on aggregated 13F filings for Q2 2014.