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NewMarket

295 hedge funds and large institutions have $2.9B invested in NewMarket in 2019 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 78 increasing their positions, 106 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

650% more call options, than puts

Call options by funds: $9.91M | Put options by funds: $1.32M

96% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 27

17% more capital invested

Capital invested by funds: $2.47B → $2.9B (+$428M)

10% more funds holding

Funds holding: 269295 (+26)

0.2% less ownership

Funds ownership: 55.1%54.9% (-0.2%)

26% less repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 106

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
295
Holders Change
+26
Holders Change %
+9.67%
% of All Funds
6.47%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
53
Increased
78
Reduced
106
Closed
27
Calls
$9.91M
Puts
$1.32M
Net Calls
+$8.59M
Net Calls Change
+$4.9M
Name Holding Trade Value Shares
Change
Change in
Stake
AL
26
AJO LP
Pennsylvania
$20.7M +$19.6M +43,845 New
EVM
27
Eaton Vance Management
Massachusetts
$19.8M +$236K +528 +1%
JP Morgan Chase
28
JP Morgan Chase
New York
$19.4M +$3.15M +7,050 +21%
Ameriprise
29
Ameriprise
Minnesota
$19.1M +$5.03M +11,271 +39%
Squarepoint
30
Squarepoint
New York
$16.3M +$13.9M +31,080 +915%
Fidelity Investments
31
Fidelity Investments
Massachusetts
$15.9M +$14.9M +33,365 +9,871%
MAM
32
Martingale Asset Management
Massachusetts
$15.8M +$14.1M +31,601 +1,756%
Russell Investments Group
33
Russell Investments Group
United Kingdom
$15.6M +$6.62M +14,835 +82%
Wells Fargo
34
Wells Fargo
California
$15.3M -$2.44M -5,474 -14%
Millennium Management
35
Millennium Management
New York
$15.3M +$4.44M +9,950 +44%
Principal Financial Group
36
Principal Financial Group
Iowa
$15.2M -$2.96M -6,634 -17%
Royal Bank of Canada
37
Royal Bank of Canada
Ontario, Canada
$13.9M +$4.7M +10,537 +56%
AP
38
Archon Partners
New Jersey
$13.8M
JA
39
JLB & Associates
Michigan
$12.1M -$14.3K -32 -0.1%
California Public Employees Retirement System
40
California Public Employees Retirement System
California
$11.3M +$1.31M +2,946 +14%
Legal & General Group
41
Legal & General Group
United Kingdom
$10.5M +$650K +1,457 +7%
Citadel Advisors
42
Citadel Advisors
Florida
$10.3M -$3.45M -7,731 -26%
N
43
Nuveen
North Carolina
$9.28M +$849K +1,903 +11%
PPA
44
Parametric Portfolio Associates
Washington
$8.88M +$817K +1,830 +11%
RhumbLine Advisers
45
RhumbLine Advisers
Massachusetts
$8.47M -$3.09M -6,923 -28%
Swiss National Bank
46
Swiss National Bank
Switzerland
$7.98M +$134K +300 +2%
GF
47
Gabelli Funds
New York
$7.88M -$89.2K -200 -1%
GI
48
GAMCO Investors
Connecticut
$7.65M
Barclays
49
Barclays
United Kingdom
$7.58M +$3.07M +6,880 +75%
AIG
50
American International Group
New York
$6.71M -$1.28M -2,862 -17%

NEU Hedge Fund Activity: Q3 2019 in Review

295 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q3 2019, worth a combined $2.9B — up 17% from $2.47B a quarter earlier.

Buyers outnumbered sellers: 53 funds opened new NEU positions and 27 closed out — a net gain of 26 holders — while 78 added to existing stakes and 106 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $31.1M. The largest seller was Bank of America, cutting an estimated $126M.

  • 295 institutional investors held NewMarket (NEU) as of Q3 2019, up from 269 in Q2 2019.
  • Funds reported $2.9B of NewMarket stock for Q3 2019, up 17% quarter-over-quarter.
  • 53 funds opened new NewMarket positions in Q3 2019 and 27 closed out, a net change of +26 holders.
  • The largest NewMarket buyer in Q3 2019 was Morgan Stanley, an estimated $31.1M added.
  • The largest NewMarket seller in Q3 2019 was Bank of America, an estimated $126M sold.

Based on aggregated 13F filings for Q3 2019.