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NewMarket

240 hedge funds and large institutions have $2.93B invested in NewMarket in 2014 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 52 increasing their positions, 106 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more call options, than puts

Call options by funds: $12.5M | Put options by funds: $7.47M

19% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 21

4% more capital invested

Capital invested by funds: $2.83B → $2.93B (+$102M)

1% more funds holding

Funds holding: 238240 (+2)

0.83% less ownership

Funds ownership: 58.84%58.01% (-0.83%)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

51% less repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 106

Holders
240
Holders Change
+2
Holders Change %
+0.84%
% of All Funds
6.4%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.13%
New
25
Increased
52
Reduced
106
Closed
21
Calls
$12.5M
Puts
$7.47M
Net Calls
+$5.02M
Net Calls Change
+$4.6M
Name Holding Trade Value Shares
Change
Change in
Stake
LCOV
1
London Company of Virginia
Virginia
$476M -$7.74M -20,076 -2%
Bank of America
2
Bank of America
North Carolina
$334M +$26.1M +67,570 +9%
Vanguard Group
3
Vanguard Group
Pennsylvania
$274M -$8.08M -20,934 -3%
MAA
4
Managed Account Advisors
New Jersey
$229M +$8.53M +22,120 +4%
HCM
5
Herndon Capital Management
Georgia
$173M -$2.93M -7,600 -2%
BIT
6
BlackRock Institutional Trust
California
$120M -$1.42M -3,670 -1%
BFA
7
BlackRock Fund Advisors
California
$120M -$3.37M -8,725 -3%
State Street
8
State Street
Massachusetts
$101M -$2.68M -6,938 -3%
Neuberger Berman Group
9
Neuberger Berman Group
New York
$88.7M -$8.28M -21,463 -9%
D.E. Shaw & Co
10
D.E. Shaw & Co
New York
$72.3M -$15.5M -40,294 -18%
Northern Trust
11
Northern Trust
Illinois
$56.4M +$832K +2,157 +2%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$55.5M +$12.9M +33,506 +32%
Norges Bank
13
Norges Bank
Norway
$43.4M +$1.83M +4,742 +5%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$41.6M -$1.37M -3,553 -3%
TCIM
15
TIAA CREF Investment Management
New York
$24.2M -$1.83M -4,742 -7%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$23.9M -$36.6K -95 -0.2%
CCM
17
Copeland Capital Management
Pennsylvania
$22.9M +$6.32M +16,387 +41%
T. Rowe Price Associates
18
T. Rowe Price Associates
Maryland
$22.8M -$154K -400 -0.7%
Ameriprise
19
Ameriprise
Minnesota
$22.6M -$735K -1,905 -3%
California Public Employees Retirement System
20
California Public Employees Retirement System
California
$20.6M -$2.58M -6,700 -12%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$20.2M -$464K -1,203 -2%
JHIU
22
Janus Henderson Investors US
Colorado
$20.1M -$694K -1,800 -3%
BC
23
Burney Company
Virginia
$18.9M -$131K -340 -0.7%
KMC
24
Kirr Marbach & Co
Indiana
$18.3M -$45.9K -119 -0.3%
Schroder Investment Management Group
25
Schroder Investment Management Group
United Kingdom
$17.4M +$1.5M +3,900 +10%

NEU Hedge Fund Activity: Q4 2014 in Review

240 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q4 2014, worth a combined $2.93B — up 3.6% from $2.83B a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new NEU positions and 21 closed out — a net gain of 4 holders — while 52 added to existing stakes and 106 trimmed.

The largest buyer was Bank of America, adding an estimated $26.1M. The largest seller was JP Morgan Chase, cutting an estimated $20.1M.

  • 240 institutional investors held NewMarket (NEU) as of Q4 2014, up from 238 in Q3 2014.
  • Funds reported $2.93B of NewMarket stock for Q4 2014, up 3.6% quarter-over-quarter.
  • 25 funds opened new NewMarket positions in Q4 2014 and 21 closed out, a net change of +4 holders.
  • The largest NewMarket buyer in Q4 2014 was Bank of America, an estimated $26.1M added.
  • The largest NewMarket seller in Q4 2014 was JP Morgan Chase, an estimated $20.1M sold.

Based on aggregated 13F filings for Q4 2014.