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NewMarket

263 hedge funds and large institutions have $2.17B invested in NewMarket in 2023 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 87 increasing their positions, 90 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

3,488% more call options, than puts

Call options by funds: $11.8M | Put options by funds: $328K

157% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 14

20% more capital invested

Capital invested by funds: $1.81B → $2.17B (+$368M)

7% more funds holding

Funds holding: 245263 (+18)

1.47% more ownership

Funds ownership: 60.04%61.51% (+1.5%)

3% less repeat investments, than reductions

Existing positions increased: 87 | Existing positions reduced: 90

Holders
263
Holders Change
+18
Holders Change %
+7.35%
% of All Funds
4.19%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
36
Increased
87
Reduced
90
Closed
14
Calls
$11.8M
Puts
$328K
Net Calls
+$11.4M
Net Calls Change
+$10.3M
Name Holding Trade Value Shares
Change
Change in
Stake
GFA
151
Gallagher Fiduciary Advisors
Illinois
$401K +$381K +1,100 New
DCM
152
Dean Capital Management
Kansas
$390K -$17.7K -51 -5%
LCM
153
Legato Capital Management
California
$390K -$17.7K -51 -5%
RJA
154
Raymond James & Associates
Florida
$377K +$1.04K +3 +0.3%
MA
155
Mutual Advisors
Nebraska
$375K +$356K +1,028 New
JMPWA
156
JP Morgan Private Wealth Advisors
California
$373K +$90.5K +261 +34%
DWM
157
Dakota Wealth Management
Florida
$371K +$2.43K +7 +0.7%
OSAM
158
O'Shaughnessy Asset Management
Connecticut
$360K +$51K +147 +18%
GAM
159
Gotham Asset Management
New York
$360K +$341K +985 New
IIM
160
INTECH Investment Management
Florida
$352K
VOYA Investment Management
161
VOYA Investment Management
Georgia
$348K +$66.9K +193 +25%
EFG
162
Ethos Financial Group
Pennsylvania
$348K
FT
163
Fiduciary Trust
Massachusetts
$347K -$693 -2 -0.2%
Federated Hermes
164
Federated Hermes
Pennsylvania
$345K +$156K +451 +91%
State of Wisconsin Investment Board
165
State of Wisconsin Investment Board
Wisconsin
$340K -$1.73K -5 -0.5%
AA
166
ALPS Advisors
Colorado
$339K +$322K +930 New
Zurich Cantonal Bank
167
Zurich Cantonal Bank
Switzerland
$335K -$39.5K -114 -11%
PAMS
168
Pictet Asset Management (Switzerland)
Switzerland
$328K
HWA
169
Heritage Wealth Advisors
Virginia
$325K -$173K -500 -36%
KCM
170
Kanawha Capital Management
Virginia
$325K +$52K +150 +20%
Bank of Montreal
171
Bank of Montreal
Ontario, Canada
$319K -$40.9K -118 -12%
Mariner
172
Mariner
Kansas
$313K +$14.2K +41 +5%
X
173
Xponance
Pennsylvania
$311K -$5.2K -15 -2%
KAS
174
Kestra Advisory Services
Texas
$305K -$59.3K -171 -17%
Jane Street
175
Jane Street
New York
$296K -$272K -785 -49%

NEU Hedge Fund Activity: Q1 2023 in Review

263 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q1 2023, worth a combined $2.17B — up 20% from $1.81B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new NEU positions and 14 closed out — a net gain of 22 holders — while 87 added to existing stakes and 90 trimmed.

The largest buyer was Davenport & Co, adding an estimated $8.32M. The largest seller was Invesco, cutting an estimated $24.4M.

  • 263 institutional investors held NewMarket (NEU) as of Q1 2023, up from 245 in Q4 2022.
  • Funds reported $2.17B of NewMarket stock for Q1 2023, up 20% quarter-over-quarter.
  • 36 funds opened new NewMarket positions in Q1 2023 and 14 closed out, a net change of +22 holders.
  • The largest NewMarket buyer in Q1 2023 was Davenport & Co, an estimated $8.32M added.
  • The largest NewMarket seller in Q1 2023 was Invesco, an estimated $24.4M sold.

Based on aggregated 13F filings for Q1 2023.