NewMarket
267 hedge funds and large institutions have $2.47B invested in NewMarket in 2020 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 73 increasing their positions, 105 reducing their positions, and 23 closing their positions.
227% more call options, than puts
Call options by funds: $6.89M | Put options by funds: $2.11M
48% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 23
17% more capital invested
Capital invested by funds: $2.1B → $2.47B (+$365M)
3% more funds holding
Funds holding: 258 → 267 (+9)
0.59% more ownership
Funds ownership: 56.32% → 56.91% (+0.59%)
30% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 105
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$31.8M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$16.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$16.4M |
| 4 |
Millennium Management
New York
|
+$9.97M |
| 5 |
EIP
Epoch Investment Partners
New York
|
+$8.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$14.2M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$7.75M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$7.59M |
| 4 |
Renaissance Technologies
New York
|
-$7.44M |
| 5 |
Morgan Stanley
New York
|
-$4.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ATC
276
Argent Trust Co
Nashville,
Tennessee
| – | -$320K | -936 | Closed |
|
|
GSAM
277
Grant Street Asset Management
Canonsburg,
Pennsylvania
| – | -$315K | -920 | Closed |
|
278
Two Sigma Investments
New York
| – | -$274K | -800 | Closed |
|
|
B
279
Barings
Charlotte,
North Carolina
| – | -$259K | -758 | Closed |
|
|
EGM
280
Engineers Gate Manager
New York
| – | -$228K | -665 | Closed |
|
|
VRS
281
Virginia Retirement Systems
Richmond,
Virginia
| – | -$205K | -600 | Closed |
|
|
QT
282
Quantbot Technologies
New York
| – | -$197K | -576 | Closed |
|
283
Simplex Trading
Chicago,
Illinois
| – | -$184K | -493 | Closed |
|
284
DZ Bank
Frankfurt Am Main,
Germany
| – | -$130K | -381 | Closed |
|
|
GT
285
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$8K | -26 | Closed |
|
|
PMFA
286
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$4K | -12 | Closed |
|
|
TWA
287
TCI Wealth Advisors
Tucson,
Arizona
| – | -$2K | -5 | Closed |
|
|
RWA
288
Ropes Wealth Advisors
Boston,
Massachusetts
| – | -$1K | -3 | Closed |
|
NEU Hedge Fund Activity: Q4 2020 in Review
267 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q4 2020, worth a combined $2.47B — up 17% from $2.1B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new NEU positions and 23 closed out — a net gain of 11 holders — while 73 added to existing stakes and 105 trimmed.
The largest buyer was London Company of Virginia, adding an estimated $31.8M. The largest seller was AQR Capital Management, cutting an estimated $14.2M.
- 267 institutional investors held NewMarket (NEU) as of Q4 2020, up from 258 in Q3 2020.
- Funds reported $2.47B of NewMarket stock for Q4 2020, up 17% quarter-over-quarter.
- 34 funds opened new NewMarket positions in Q4 2020 and 23 closed out, a net change of +11 holders.
- The largest NewMarket buyer in Q4 2020 was London Company of Virginia, an estimated $31.8M added.
- The largest NewMarket seller in Q4 2020 was AQR Capital Management, an estimated $14.2M sold.
Based on aggregated 13F filings for Q4 2020.