NewMarket
223 hedge funds and large institutions have $2.76B invested in NewMarket in 2016 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 79 increasing their positions, 71 reducing their positions, and 32 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 71
2% more capital invested
Capital invested by funds: $2.71B → $2.76B (+$51.1M)
0.22% less ownership
Funds ownership: 59.51% → 59.29% (-0.22%)
2% less funds holding
Funds holding: 228 → 223 (-5)
13% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 32
42% less call options, than puts
Call options by funds: $7.11M | Put options by funds: $12.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$25.4M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$4.92M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.35M |
| 4 |
BEC
Blue Edge Capital
Richmond,
Virginia
|
+$3.08M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$2.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$20M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$15.5M |
| 3 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
-$15.1M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.1M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$7.42M |
NEU Hedge Fund Activity: Q1 2016 in Review
223 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q1 2016, worth a combined $2.76B — up 1.9% from $2.71B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of NEU and 28 opened new positions — a net loss of 4 holders — while 71 trimmed existing stakes and 79 added.
The largest buyer was Bank of America, adding an estimated $25.4M. The largest seller was T. Rowe Price Associates, cutting an estimated $20M.
- 223 institutional investors held NewMarket (NEU) as of Q1 2016, down from 228 in Q4 2015.
- Funds reported $2.76B of NewMarket stock for Q1 2016, up 1.9% quarter-over-quarter.
- 28 funds opened new NewMarket positions in Q1 2016 and 32 closed out, a net change of -4 holders.
- The largest NewMarket buyer in Q1 2016 was Bank of America, an estimated $25.4M added.
- The largest NewMarket seller in Q1 2016 was T. Rowe Price Associates, an estimated $20M sold.
Based on aggregated 13F filings for Q1 2016.