NewMarket
NEU
249 hedge funds and large institutions have $2.98B invested in NewMarket in 2017 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 80 increasing their positions, 83 reducing their positions, and 27 closing their positions.
220% more call options, than puts
Call options by funds: $4.77M | Put options by funds: $1.49M
2.95% more ownership
Funds ownership: 56.04% → 58.99% (+3%)
4% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 27
1% less funds holding
Funds holding: 251 → 249 (-2)
3% less capital invested
Capital invested by funds: $3.06B → $2.98B (-$81.7M)
4% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 83
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$178M |
| 2 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$19.3M |
| 3 |
Renaissance Technologies
New York
|
+$6.76M |
| 4 |
WG
Winton Group
London,
United Kingdom
|
+$5.87M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$55.4M |
| 2 |
D.E. Shaw & Co
New York
|
-$13.6M |
| 3 |
Goldman Sachs
New York
|
-$4.34M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.33M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$2.07M |
NEU Hedge Fund Activity: Q3 2017 in Review
249 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q3 2017, worth a combined $2.98B — down 2.7% from $3.06B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new NEU positions and 27 closed out — a net gain of 1 holder — while 80 added to existing stakes and 83 trimmed.
The largest buyer was Bank of America, adding an estimated $178M. The largest seller was London Company of Virginia, cutting an estimated $55.4M.
- 249 institutional investors held NewMarket (NEU) as of Q3 2017, down from 251 in Q2 2017.
- Funds reported $2.98B of NewMarket stock for Q3 2017, down 2.7% quarter-over-quarter.
- 28 funds opened new NewMarket positions in Q3 2017 and 27 closed out, a net change of +1 holder.
- The largest NewMarket buyer in Q3 2017 was Bank of America, an estimated $178M added.
- The largest NewMarket seller in Q3 2017 was London Company of Virginia, an estimated $55.4M sold.
Based on aggregated 13F filings for Q3 2017.