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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
AllianceBernstein
51
AllianceBernstein
Tennessee
$6.2M -$810K -1,816 -12%
UBS AM
52
UBS AM
Illinois
$6.13M -$8.15M -18,273 -58%
PC
53
Port Capital
Illinois
$5.99M -$4.95M -11,100 -47%
New York State Teachers Retirement System (NYSTRS)
54
New York State Teachers Retirement System (NYSTRS)
New York
$5.85M -$803K -1,800 -13%
JIM
55
Jupiter Investment Management
United Kingdom
$5.83M +$5.51M +12,345 New
LBC
56
Lowe Brockenbrough & Co
Virginia
$5.79M -$1.3M -2,915 -19%
M&T Bank
57
M&T Bank
New York
$5.78M -$201K -451 -4%
Acadian Asset Management
58
Acadian Asset Management
Massachusetts
$5.57M +$4.01M +8,986 +320%
BC
59
Burney Company
Virginia
$5.28M -$356K -797 -7%
CSS
60
Cubist Systematic Strategies
Connecticut
$5.23M +$2.54M +5,698 +106%
California State Teachers Retirement System (CalSTRS)
61
California State Teachers Retirement System (CalSTRS)
California
$5.2M +$54.9K +123 +1%
Manulife (Manufacturers Life Insurance)
62
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$5.13M -$1.43M -3,200 -22%
PI
63
Putnam Investments
Massachusetts
$4.97M +$4.7M +10,537 New
JMPWA
64
JP Morgan Private Wealth Advisors
California
$4.96M -$285K -639 -6%
ECG
65
Edge Capital Group
Georgia
$4.67M -$397K -890 -8%
Deutsche Bank
66
Deutsche Bank
Germany
$4.63M -$7.34M -16,442 -63%
DC
67
Davenport & Co
Virginia
$4.58M
Retirement Systems of Alabama
68
Retirement Systems of Alabama
Alabama
$4.53M -$782K -1,752 -15%
UH
69
Unigestion Holding
Switzerland
$4.41M
SEI Investments
70
SEI Investments
Pennsylvania
$4.34M +$3.58M +8,029 +623%
Victory Capital Management
71
Victory Capital Management
Texas
$4.28M +$4.04M +9,059 New
Arrowstreet Capital
72
Arrowstreet Capital
Massachusetts
$4.25M +$2.21M +4,961 +122%
D.E. Shaw & Co
73
D.E. Shaw & Co
New York
$4.21M -$1.7M -3,800 -30%
First Trust Advisors
74
First Trust Advisors
Illinois
$4.06M +$1.55M +3,481 +68%
Public Sector Pension Investment Board (PSP Investments)
75
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$4.06M +$3.84M +8,600 New

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.