NewMarket
NEU
225 hedge funds and large institutions have $2.91B invested in NewMarket in 2016 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 81 increasing their positions, 72 reducing their positions, and 18 closing their positions.
22% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 18
13% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 72
6% more capital invested
Capital invested by funds: $2.76B → $2.91B (+$152M)
1% more funds holding
Funds holding: 223 → 225 (+2)
0.1% more ownership
Funds ownership: 59.29% → 59.39% (+0.1%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
36% less call options, than puts
Call options by funds: $8.32M | Put options by funds: $12.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$13.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$13.3M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.26M |
| 4 |
Millennium Management
New York
|
+$4.01M |
| 5 |
DA
Denali Advisors
San Diego,
California
|
+$3.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
-$33.8M |
| 2 |
ICM
IronBridge Capital Management
Oakbrook Terrace,
Illinois
|
-$3.52M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$3.29M |
| 4 |
D.E. Shaw & Co
New York
|
-$2.93M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$2.88M |
NEU Hedge Fund Activity: Q2 2016 in Review
225 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q2 2016, worth a combined $2.91B — up 5.5% from $2.76B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new NEU positions and 18 closed out — a net gain of 4 holders — while 81 added to existing stakes and 72 trimmed.
The largest buyer was Macquarie Group, adding an estimated $13.7M. The largest seller was Herndon Capital Management, cutting an estimated $33.8M.
- 225 institutional investors held NewMarket (NEU) as of Q2 2016, up from 223 in Q1 2016.
- Funds reported $2.91B of NewMarket stock for Q2 2016, up 5.5% quarter-over-quarter.
- 22 funds opened new NewMarket positions in Q2 2016 and 18 closed out, a net change of +4 holders.
- The largest NewMarket buyer in Q2 2016 was Macquarie Group, an estimated $13.7M added.
- The largest NewMarket seller in Q2 2016 was Herndon Capital Management, an estimated $33.8M sold.
Based on aggregated 13F filings for Q2 2016.