NewMarket
307 hedge funds and large institutions have $3.23B invested in NewMarket in 2023 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 106 increasing their positions, 94 reducing their positions, and 21 closing their positions.
8,162% more call options, than puts
Call options by funds: $9.01M | Put options by funds: $109K
148% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 21
18% more capital invested
Capital invested by funds: $2.73B → $3.23B (+$499M)
13% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 94
10% more funds holding
Funds holding: 279 → 307 (+28)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.84% less ownership
Funds ownership: 62.55% → 61.71% (-0.84%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$43M |
| 2 |
Morgan Stanley
New York
|
+$18.6M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$12M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$8.18M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$7.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
-$75.6M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$30.2M |
| 3 |
DC
Davenport & Co
Richmond,
Virginia
|
-$16.9M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$15.9M |
| 5 |
LBC
Lowe Brockenbrough & Co
Richmond,
Virginia
|
-$8.09M |
NEU Hedge Fund Activity: Q4 2023 in Review
307 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q4 2023, worth a combined $3.23B — up 18% from $2.73B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new NEU positions and 21 closed out — a net gain of 31 holders — while 106 added to existing stakes and 94 trimmed.
The largest buyer was Pacer Advisors, adding an estimated $43M. The largest seller was Truist Financial, cutting an estimated $75.6M.
- 307 institutional investors held NewMarket (NEU) as of Q4 2023, up from 279 in Q3 2023.
- Funds reported $3.23B of NewMarket stock for Q4 2023, up 18% quarter-over-quarter.
- 52 funds opened new NewMarket positions in Q4 2023 and 21 closed out, a net change of +31 holders.
- The largest NewMarket buyer in Q4 2023 was Pacer Advisors, an estimated $43M added.
- The largest NewMarket seller in Q4 2023 was Truist Financial, an estimated $75.6M sold.
Based on aggregated 13F filings for Q4 2023.