NewMarket
NEU
269 hedge funds and large institutions have $2.35B invested in NewMarket in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 78 increasing their positions, 112 reducing their positions, and 50 closing their positions.
43% more call options, than puts
Call options by funds: $13.1M | Put options by funds: $9.18M
0.94% less ownership
Funds ownership: 55.7% → 54.76% (-0.94%)
9% less funds holding
Funds holding: 296 → 269 (-27)
23% less capital invested
Capital invested by funds: $3.03B → $2.35B (-$686M)
30% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 112
48% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$19.4M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$18.2M |
| 3 |
Renaissance Technologies
New York
|
+$10.2M |
| 4 |
AG
Aperio Group
Sausalito,
California
|
+$9M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$20.8M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$16.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$13.6M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$7.74M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$7.61M |
NEU Hedge Fund Activity: Q1 2020 in Review
269 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q1 2020, worth a combined $2.35B — down 23% from $3.03B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of NEU and 26 opened new positions — a net loss of 24 holders — while 112 trimmed existing stakes and 78 added.
The largest buyer was London Company of Virginia, adding an estimated $19.4M. The largest seller was Jacobs Levy Equity Management, exiting entirely with an estimated $20.8M sold.
- 269 institutional investors held NewMarket (NEU) as of Q1 2020, down from 296 in Q4 2019.
- Funds reported $2.35B of NewMarket stock for Q1 2020, down 23% quarter-over-quarter.
- 26 funds opened new NewMarket positions in Q1 2020 and 50 closed out, a net change of -24 holders.
- The largest NewMarket buyer in Q1 2020 was London Company of Virginia, an estimated $19.4M added.
- The largest NewMarket seller in Q1 2020 was Jacobs Levy Equity Management, an estimated $20.8M sold.
Based on aggregated 13F filings for Q1 2020.