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NewMarket

225 hedge funds and large institutions have $2.38B invested in NewMarket in 2013 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 83 increasing their positions, 85 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

149% more call options, than puts

Call options by funds: $12.9M | Put options by funds: $5.18M

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

10% more capital invested

Capital invested by funds: $2.17B → $2.38B (+$214M)

0.04% more ownership

Funds ownership: 62.27%62.31% (+0.04%)

2% less repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 85

5% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 20

1% less funds holding

Funds holding: 228225 (-3)

Holders
225
Holders Change
-3
Holders Change %
-1.32%
% of All Funds
7.3%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.13%
New
19
Increased
83
Reduced
85
Closed
20
Calls
$12.9M
Puts
$5.18M
Net Calls
+$7.74M
Net Calls Change
+$1.94M
Name Holding Trade Value Shares
Change
Change in
Stake
LCOV
1
London Company of Virginia
Virginia
$359M +$6.29M +22,669 +2%
Bank of America
2
Bank of America
North Carolina
$209M +$1.59M +5,711 +0.8%
Vanguard Group
3
Vanguard Group
Pennsylvania
$194M +$6.59M +23,732 +4%
MAA
4
Managed Account Advisors
New Jersey
$174M -$16.1M -57,916 -9%
HCM
5
Herndon Capital Management
Georgia
$144M +$9.75M +35,111 +8%
Neuberger Berman Group
6
Neuberger Berman Group
New York
$104M -$8.87M -31,956 -8%
Allianz Asset Management
7
Allianz Asset Management
Germany
$96.8M -$916K -3,300 -1%
State Street
8
State Street
Massachusetts
$88.6M +$2.34M +8,441 +3%
BIT
9
BlackRock Institutional Trust
California
$82.8M +$2.24M +8,072 +3%
BFA
10
BlackRock Fund Advisors
California
$81.6M +$7.24M +26,088 +10%
D.E. Shaw & Co
11
D.E. Shaw & Co
New York
$57.6M
RA
12
Royce & Associates
New York
$39.9M -$6.2M -22,339 -14%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$36.5M -$10.8M -38,808 -23%
Northern Trust
14
Northern Trust
Illinois
$34.7M +$1.43M +5,156 +4%
Schroder Investment Management Group
15
Schroder Investment Management Group
United Kingdom
$28.8M -$777K -2,800 -3%
Norges Bank
16
Norges Bank
Norway
$26M +$4.09M +14,741 +19%
JP Morgan Chase
17
JP Morgan Chase
New York
$25.3M +$18.6M +67,011 +320%
ICM
18
IronBridge Capital Management
Illinois
$21.8M -$5.68M -20,469 -21%
TCIM
19
TIAA CREF Investment Management
New York
$21.5M -$1.15M -4,143 -5%
Ameriprise
20
Ameriprise
Minnesota
$18M +$793K +2,857 +5%
GI
21
GAMCO Investors
Connecticut
$16.2M -$777K -2,800 -5%
Fidelity Investments
22
Fidelity Investments
Massachusetts
$15.6M +$5.61M +20,203 +60%
American Century Companies
23
American Century Companies
Missouri
$15M +$1.74M +6,265 +14%
Geode Capital Management
24
Geode Capital Management
Massachusetts
$13.6M +$1.42M +5,109 +12%
CC
25
Carlson Capital
Texas
$13.2M -$1.21M -4,371 -9%

NEU Hedge Fund Activity: Q3 2013 in Review

225 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q3 2013, worth a combined $2.38B — up 9.8% from $2.17B a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of NEU and 19 opened new positions — a net loss of 1 holder — while 85 trimmed existing stakes and 83 added.

The largest buyer was JP Morgan Chase, adding an estimated $18.6M. The largest seller was Managed Account Advisors, cutting an estimated $16.1M.

  • 225 institutional investors held NewMarket (NEU) as of Q3 2013, down from 228 in Q2 2013.
  • Funds reported $2.38B of NewMarket stock for Q3 2013, up 9.8% quarter-over-quarter.
  • 19 funds opened new NewMarket positions in Q3 2013 and 20 closed out, a net change of -1 holder.
  • The largest NewMarket buyer in Q3 2013 was JP Morgan Chase, an estimated $18.6M added.
  • The largest NewMarket seller in Q3 2013 was Managed Account Advisors, an estimated $16.1M sold.

Based on aggregated 13F filings for Q3 2013.