NewMarket
NEU
316 hedge funds and large institutions have $3.14B invested in NewMarket in 2024 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 97 increasing their positions, 115 reducing their positions, and 52 closing their positions.
80% more call options, than puts
Call options by funds: $1.39M | Put options by funds: $773K
1.06% more ownership
Funds ownership: 62.39% → 63.45% (+1.1%)
3% less funds holding
Funds holding: 327 → 316 (-11)
13% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 52
16% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 115
17% less capital invested
Capital invested by funds: $3.8B → $3.14B (-$658M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$77.5M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$43.3M |
| 3 |
Millennium Management
New York
|
+$9.93M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
+$8.29M |
| 5 |
Morgan Stanley
New York
|
+$6.97M |
Top Sellers
NEU Hedge Fund Activity: Q2 2024 in Review
316 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q2 2024, worth a combined $3.14B — down 17% from $3.8B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of NEU and 45 opened new positions — a net loss of 7 holders — while 115 trimmed existing stakes and 97 added.
The largest buyer was Bank of America, adding an estimated $77.5M. The largest seller was London Company of Virginia, cutting an estimated $50M.
- 316 institutional investors held NewMarket (NEU) as of Q2 2024, down from 327 in Q1 2024.
- Funds reported $3.14B of NewMarket stock for Q2 2024, down 17% quarter-over-quarter.
- 45 funds opened new NewMarket positions in Q2 2024 and 52 closed out, a net change of -7 holders.
- The largest NewMarket buyer in Q2 2024 was Bank of America, an estimated $77.5M added.
- The largest NewMarket seller in Q2 2024 was London Company of Virginia, an estimated $50M sold.
Based on aggregated 13F filings for Q2 2024.