NewMarket
NEU
257 hedge funds and large institutions have $2.63B invested in NewMarket in 2018 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 65 increasing their positions, 110 reducing their positions, and 17 closing their positions.
47% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 17
2% more funds holding
Funds holding: 252 → 257 (+5)
10% more call options, than puts
Call options by funds: $6.53M | Put options by funds: $5.96M
0.9% more ownership
Funds ownership: 55.78% → 56.69% (+0.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $2.66B → $2.63B (-$28.3M)
41% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 110
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$34.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.4M |
| 3 |
MIH
Madison Investment Holdings
Madison,
Wisconsin
|
+$8.74M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$5.26M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
+$3.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$17.2M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$16.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.6M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$10M |
| 5 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$9.48M |
NEU Hedge Fund Activity: Q3 2018 in Review
257 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q3 2018, worth a combined $2.63B — down 1.1% from $2.66B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new NEU positions and 17 closed out — a net gain of 8 holders — while 65 added to existing stakes and 110 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $34.7M. The largest seller was Bank of America, cutting an estimated $17.2M.
- 257 institutional investors held NewMarket (NEU) as of Q3 2018, up from 252 in Q2 2018.
- Funds reported $2.63B of NewMarket stock for Q3 2018, down 1.1% quarter-over-quarter.
- 25 funds opened new NewMarket positions in Q3 2018 and 17 closed out, a net change of +8 holders.
- The largest NewMarket buyer in Q3 2018 was Janus Henderson Group, an estimated $34.7M added.
- The largest NewMarket seller in Q3 2018 was Bank of America, an estimated $17.2M sold.
Based on aggregated 13F filings for Q3 2018.