NewMarket
NEU
249 hedge funds and large institutions have $2.87B invested in NewMarket in 2016 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 77 increasing their positions, 83 reducing their positions, and 19 closing their positions.
100% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 19
7% more funds holding
Funds holding: 233 → 249 (+16)
2% less capital invested
Capital invested by funds: $2.93B → $2.87B (-$66M)
5% less call options, than puts
Call options by funds: $3.14M | Put options by funds: $3.31M
7% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 83
1.05% less ownership
Funds ownership: 58.1% → 57.05% (-1%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.84M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$8.64M |
| 3 |
AP
AHL Partners
London,
United Kingdom
|
+$4.93M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$4.02M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$4.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
-$32.1M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$12.3M |
| 3 |
TCIM
TIAA CREF Investment Management
New York
|
-$11.3M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$9.17M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$8.64M |
NEU Hedge Fund Activity: Q4 2016 in Review
249 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q4 2016, worth a combined $2.87B — down 2.3% from $2.93B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new NEU positions and 19 closed out — a net gain of 19 holders — while 77 added to existing stakes and 83 trimmed.
The largest buyer was Vanguard Group, adding an estimated $8.84M. The largest seller was Herndon Capital Management, cutting an estimated $32.1M.
- 249 institutional investors held NewMarket (NEU) as of Q4 2016, up from 233 in Q3 2016.
- Funds reported $2.87B of NewMarket stock for Q4 2016, down 2.3% quarter-over-quarter.
- 38 funds opened new NewMarket positions in Q4 2016 and 19 closed out, a net change of +19 holders.
- The largest NewMarket buyer in Q4 2016 was Vanguard Group, an estimated $8.84M added.
- The largest NewMarket seller in Q4 2016 was Herndon Capital Management, an estimated $32.1M sold.
Based on aggregated 13F filings for Q4 2016.