NewMarket
240 hedge funds and large institutions have $3.07B invested in NewMarket in 2014 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 70 increasing their positions, 100 reducing their positions, and 18 closing their positions.
78% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 18
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
9% more capital invested
Capital invested by funds: $2.8B → $3.07B (+$262M)
5% more funds holding
Funds holding: 229 → 240 (+11)
8% less call options, than puts
Call options by funds: $21.6M | Put options by funds: $23.6M
2.67% less ownership
Funds ownership: 63.5% → 60.83% (-2.7%)
30% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 100
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$11.3M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.25M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$7.03M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.45M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$6.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$113M |
| 2 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$16.7M |
| 3 |
Neuberger Berman Group
New York
|
-$15.6M |
| 4 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$15.3M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$14.6M |
NEU Hedge Fund Activity: Q1 2014 in Review
240 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q1 2014, worth a combined $3.07B — up 9.3% from $2.8B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new NEU positions and 18 closed out — a net gain of 14 holders — while 70 added to existing stakes and 100 trimmed.
The largest buyer was BlackRock Institutional Trust, adding an estimated $11.3M. The largest seller was Allianz Asset Management, cutting an estimated $113M.
- 240 institutional investors held NewMarket (NEU) as of Q1 2014, up from 229 in Q4 2013.
- Funds reported $3.07B of NewMarket stock for Q1 2014, up 9.3% quarter-over-quarter.
- 32 funds opened new NewMarket positions in Q1 2014 and 18 closed out, a net change of +14 holders.
- The largest NewMarket buyer in Q1 2014 was BlackRock Institutional Trust, an estimated $11.3M added.
- The largest NewMarket seller in Q1 2014 was Allianz Asset Management, an estimated $113M sold.
Based on aggregated 13F filings for Q1 2014.