NewMarket
NEU
327 hedge funds and large institutions have $3.8B invested in NewMarket in 2024 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 101 increasing their positions, 109 reducing their positions, and 29 closing their positions.
5,231% more call options, than puts
Call options by funds: $23.7M | Put options by funds: $444K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
72% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 29
18% more capital invested
Capital invested by funds: $3.23B → $3.8B (+$566M)
7% more funds holding
Funds holding: 307 → 327 (+20)
0.68% more ownership
Funds ownership: 61.71% → 62.39% (+0.68%)
7% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 109
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$40.5M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$19.8M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$13.8M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$13M |
| 5 |
Lazard Asset Management
New York
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$25.9M |
| 2 |
DC
Davenport & Co
Richmond,
Virginia
|
-$22.3M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$21.1M |
| 4 |
Morgan Stanley
New York
|
-$16.7M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$12M |
NEU Hedge Fund Activity: Q1 2024 in Review
327 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q1 2024, worth a combined $3.8B — up 18% from $3.23B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new NEU positions and 29 closed out — a net gain of 21 holders — while 101 added to existing stakes and 109 trimmed.
The largest buyer was Invesco, adding an estimated $40.5M. The largest seller was Allspring Global Investments, cutting an estimated $25.9M.
- 327 institutional investors held NewMarket (NEU) as of Q1 2024, up from 307 in Q4 2023.
- Funds reported $3.8B of NewMarket stock for Q1 2024, up 18% quarter-over-quarter.
- 50 funds opened new NewMarket positions in Q1 2024 and 29 closed out, a net change of +21 holders.
- The largest NewMarket buyer in Q1 2024 was Invesco, an estimated $40.5M added.
- The largest NewMarket seller in Q1 2024 was Allspring Global Investments, an estimated $25.9M sold.
Based on aggregated 13F filings for Q1 2024.