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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
WSTAM
101
Wilbanks Smith & Thomas Asset Management
Virginia
$1.49M
Janus Henderson Group
102
Janus Henderson Group
United Kingdom
$1.48M
BC
103
Burney Company
Virginia
$1.48M -$5.87K -13 -0.4%
State Board of Administration of Florida Retirement System
104
State Board of Administration of Florida Retirement System
Florida
$1.45M +$9.03K +20 +0.6%
Comerica Bank
105
Comerica Bank
Texas
$1.45M -$2.81M -6,228 -66%
YCM
106
Yousif Capital Management
Michigan
$1.45M -$27.1K -60 -2%
Amundi
107
Amundi
France
$1.41M +$1.41M +3,114 New
EP
108
Edgestream Partners
New Jersey
$1.41M -$108K -240 -7%
Susquehanna International Group
109
Susquehanna International Group
Pennsylvania
$1.36M -$610K -1,351 -31%
SG Americas Securities
110
SG Americas Securities
New York
$1.33M +$967K +2,143 +273%
State of Tennessee, Department of Treasury
111
State of Tennessee, Department of Treasury
Tennessee
$1.27M -$1.33M -2,945 -51%
Franklin Resources
112
Franklin Resources
California
$1.26M +$20.3K +45 +2%
Treasurer of the State of North Carolina
113
Treasurer of the State of North Carolina
North Carolina
$1.25M +$9.03K +20 +0.7%
Ohio Public Employees Retirement System (OPERS)
114
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.21M -$135K -300 -10%
Man Group
115
Man Group
United Kingdom
$1.13M -$291K -644 Closed
MML Investors Services
116
MML Investors Services
Massachusetts
$1.12M +$120K +266 +12%
TRSOTSOK
117
Teachers Retirement System of the State of Kentucky
Kentucky
$1.1M +$494K +1,095 +83%
KI
118
Kapitalo Investimentos
Brazil
$1.05M +$1.05M +2,318 New
State of Wisconsin Investment Board
119
State of Wisconsin Investment Board
Wisconsin
$1.04M +$769K +1,703 +297%
OSAM
120
O'Shaughnessy Asset Management
Connecticut
$997K +$369K +817 +60%
Mackenzie Financial
121
Mackenzie Financial
Ontario, Canada
$964K -$878K -1,945 -48%
ASRS
122
Arizona State Retirement System
Arizona
$935K +$6.77K +15 +0.7%
OQS
123
Occudo Quantitative Strategies
Florida
$932K +$73.6K +163 +9%
CGH
124
Crossmark Global Holdings
Texas
$924K +$681K +1,508 +292%
LSERS
125
Louisiana State Employees Retirement System
Louisiana
$910K +$45.1K +100 +5%

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.