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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
DF
101
Donoghue Forlines
Massachusetts
$2.52M +$2.38M +5,341 New
PNC Financial Services Group
102
PNC Financial Services Group
Pennsylvania
$2.49M +$1.18M +2,652 +101%
HSBC Holdings
103
HSBC Holdings
United Kingdom
$2.39M +$2.26M +5,066 New
JG
104
Jefferies Group
New York
$2.39M -$190K -425 -8%
TPSF
105
Texas Permanent School Fund
Texas
$2.37M -$400K -897 -15%
TD Asset Management
106
TD Asset Management
Ontario, Canada
$2.36M +$1.96M +4,400 +733%
VRS
107
Virginia Retirement Systems
Virginia
$2.31M +$580K +1,300 +36%
Prudential Financial
108
Prudential Financial
New Jersey
$2.25M -$368K -825 -15%
Connor, Clark & Lunn Investment Management (CC&L)
109
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$2.24M +$2.12M +4,750 New
Citigroup
110
Citigroup
New York
$2.24M +$51.8K +116 +3%
ASRS
111
Arizona State Retirement System
Arizona
$2.17M -$772K -1,731 -27%
CEP
112
Chicago Equity Partners
Illinois
$2.15M +$939K +2,105 +86%
Comerica Bank
113
Comerica Bank
Texas
$2.03M -$346K -776 -15%
MIM
114
MetLife Investment Management
New Jersey
$2.03M -$391K -876 -17%
MSA
115
Mason Street Advisors
Wisconsin
$1.83M -$348K -779 -17%
OAM
116
Oxford Asset Management
United Kingdom
$1.81M +$463K +1,038 +37%
AG
117
Aperio Group
California
$1.76M +$266K +597 +19%
Holocene Advisors
118
Holocene Advisors
New York
$1.6M +$651K +1,460 +75%
Skandinaviska Enskilda Banken (SEB)
119
Skandinaviska Enskilda Banken (SEB)
Sweden
$1.6M +$1.52M +3,400 New
Ohio Public Employees Retirement System (OPERS)
120
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.59M +$116K +261 +8%
WSTAM
121
Wilbanks Smith & Thomas Asset Management
Virginia
$1.55M -$2.23K -5 -0.2%
OPERF
122
Oregon Public Employees Retirement Fund
Oregon
$1.55M -$133K -298 -8%
NIPH
123
NN Investment Partners Holdings
Netherlands
$1.49M +$1.41M +3,164 New
CI
124
Cigna Investments
Connecticut
$1.46M +$1.34M +3,013 New
LCM
125
Laurion Capital Management
New York
$1.46M -$467K -1,047 -25%

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.