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NewMarket

279 hedge funds and large institutions have $2.73B invested in NewMarket in 2023 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 94 increasing their positions, 88 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

954% more call options, than puts

Call options by funds: $7.19M | Put options by funds: $682K

40% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 25

15% more capital invested

Capital invested by funds: $2.38B → $2.73B (+$354M)

3% more funds holding

Funds holding: 270279 (+9)

1.07% more ownership

Funds ownership: 61.48%62.55% (+1.1%)

7% more repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 88

Holders
279
Holders Change
+9
Holders Change %
+3.33%
% of All Funds
4.43%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
35
Increased
94
Reduced
88
Closed
25
Calls
$7.19M
Puts
$682K
Net Calls
+$6.51M
Net Calls Change
+$3.93M
Name Holding Trade Value Shares
Change
Change in
Stake
SOADOR
51
State of Alaska Department of Revenue
Alaska
$4.54M -$6.77K -15 -0.2%
AIG
52
American International Group
New York
$4.42M -$132K -292 -3%
Ameriprise
53
Ameriprise
Minnesota
$4.34M -$275K -609 -6%
AllianceBernstein
54
AllianceBernstein
Tennessee
$4.06M -$24.8K -55 -0.6%
New York State Teachers Retirement System (NYSTRS)
55
New York State Teachers Retirement System (NYSTRS)
New York
$4.05M +$300K +664 +8%
Los Angeles Capital Management
56
Los Angeles Capital Management
California
$3.96M -$350K -776 -8%
HighTower Advisors
57
HighTower Advisors
Illinois
$3.83M +$3.06M +6,768 +391%
CSIC
58
Clifford Swan Investment Counsel
California
$3.64M
RA
59
Royce & Associates
New York
$3.64M
California State Teachers Retirement System (CalSTRS)
60
California State Teachers Retirement System (CalSTRS)
California
$3.54M -$322K -713 -8%
Allianz Asset Management
61
Allianz Asset Management
Germany
$3.51M -$784K -1,737 -18%
Voloridge Investment Management
62
Voloridge Investment Management
Florida
$3.49M -$1.37M -3,028 -28%
GF
63
Gabelli Funds
New York
$3.46M
M&T Bank
64
M&T Bank
New York
$3.39M +$9.03K +20 +0.3%
Hotchkis & Wiley Capital Management
65
Hotchkis & Wiley Capital Management
California
$3.13M -$650K -1,440 -17%
CS
66
Credit Suisse
Switzerland
$3.13M -$58.2K -129 -2%
AM
67
AGF Management
Ontario, Canada
$3.12M -$675K -1,496 -18%
ECG
68
Edge Capital Group
Georgia
$3.08M
National Bank of Canada
69
National Bank of Canada
Quebec, Canada
$2.92M +$2.92M +6,464 New
Grantham, Mayo, Van Otterloo & Co (GMO)
70
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$2.89M -$2.1M -4,661 -42%
Canada Life
71
Canada Life
Manitoba, Canada
$2.88M +$232K +515 +9%
BEC
72
Blue Edge Capital
Virginia
$2.75M -$49.7K -110 -2%
Royal Bank of Canada
73
Royal Bank of Canada
Ontario, Canada
$2.7M -$513K -1,136 -16%
TPSF
74
Texas Permanent School Fund
Texas
$2.67M +$61.8K +137 +2%
Balyasny Asset Management
75
Balyasny Asset Management
Illinois
$2.67M +$257K +570 +11%

NEU Hedge Fund Activity: Q3 2023 in Review

279 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q3 2023, worth a combined $2.73B — up 15% from $2.38B a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new NEU positions and 25 closed out — a net gain of 10 holders — while 94 added to existing stakes and 88 trimmed.

The largest buyer was LSV Asset Management, adding an estimated $39.9M. The largest seller was Allspring Global Investments, cutting an estimated $38.2M.

  • 279 institutional investors held NewMarket (NEU) as of Q3 2023, up from 270 in Q2 2023.
  • Funds reported $2.73B of NewMarket stock for Q3 2023, up 15% quarter-over-quarter.
  • 35 funds opened new NewMarket positions in Q3 2023 and 25 closed out, a net change of +10 holders.
  • The largest NewMarket buyer in Q3 2023 was LSV Asset Management, an estimated $39.9M added.
  • The largest NewMarket seller in Q3 2023 was Allspring Global Investments, an estimated $38.2M sold.

Based on aggregated 13F filings for Q3 2023.