NewMarket
269 hedge funds and large institutions have $2.47B invested in NewMarket in 2019 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 80 increasing their positions, 100 reducing their positions, and 26 closing their positions.
341% more call options, than puts
Call options by funds: $4.77M | Put options by funds: $1.08M
15% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 26
0% more funds holding
Funds holding: 269 → 269 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.33% less ownership
Funds ownership: 55.43% → 55.1% (-0.33%)
8% less capital invested
Capital invested by funds: $2.69B → $2.47B (-$216M)
20% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 100
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$20.1M |
| 2 |
PI
PineBridge Investments
New York
|
+$11.3M |
| 3 |
MIH
Madison Investment Holdings
Madison,
Wisconsin
|
+$10.3M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$7.34M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$5.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$43.7M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$37.1M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$11.4M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$7.32M |
| 5 |
State Street
Boston,
Massachusetts
|
-$5.31M |
NEU Hedge Fund Activity: Q2 2019 in Review
269 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q2 2019, worth a combined $2.47B — down 8% from $2.69B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new NEU positions and 26 closed out — a net gain of 4 holders — while 80 added to existing stakes and 100 trimmed.
The largest buyer was Jacobs Levy Equity Management, opening a new position worth an estimated $20.1M. The largest seller was Bank of America, cutting an estimated $43.7M.
- 269 institutional investors held NewMarket (NEU) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $2.47B of NewMarket stock for Q2 2019, down 8% quarter-over-quarter.
- 30 funds opened new NewMarket positions in Q2 2019 and 26 closed out, a net change of +4 holders.
- The largest NewMarket buyer in Q2 2019 was Jacobs Levy Equity Management, an estimated $20.1M added.
- The largest NewMarket seller in Q2 2019 was Bank of America, an estimated $43.7M sold.
Based on aggregated 13F filings for Q2 2019.