NewMarket
259 hedge funds and large institutions have $2.61B invested in NewMarket in 2017 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 93 increasing their positions, 84 reducing their positions, and 28 closing their positions.
43% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 28
13% more call options, than puts
Call options by funds: $9.62M | Put options by funds: $8.5M
11% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 84
4% more funds holding
Funds holding: 249 → 259 (+10)
3.63% less ownership
Funds ownership: 58.99% → 55.36% (-3.6%)
12% less capital invested
Capital invested by funds: $2.98B → $2.61B (-$370M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$25.8M |
| 2 |
BlackRock
New York
|
+$9.77M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$6.56M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.81M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$206M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$32.8M |
| 3 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$6.64M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$4.33M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$3.83M |
NEU Hedge Fund Activity: Q4 2017 in Review
259 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q4 2017, worth a combined $2.61B — down 12% from $2.98B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new NEU positions and 28 closed out — a net gain of 12 holders — while 93 added to existing stakes and 84 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $25.8M. The largest seller was Bank of America, cutting an estimated $206M.
- 259 institutional investors held NewMarket (NEU) as of Q4 2017, up from 249 in Q3 2017.
- Funds reported $2.61B of NewMarket stock for Q4 2017, down 12% quarter-over-quarter.
- 40 funds opened new NewMarket positions in Q4 2017 and 28 closed out, a net change of +12 holders.
- The largest NewMarket buyer in Q4 2017 was Neuberger Berman Group, an estimated $25.8M added.
- The largest NewMarket seller in Q4 2017 was Bank of America, an estimated $206M sold.
Based on aggregated 13F filings for Q4 2017.