NewMarket
235 hedge funds and large institutions have $3.32B invested in NewMarket in 2015 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 79 increasing their positions, 75 reducing their positions, and 18 closing their positions.
128% more call options, than puts
Call options by funds: $24.1M | Put options by funds: $10.6M
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
5% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 75
0% more funds holding
Funds holding: 234 → 235 (+1)
0.51% less ownership
Funds ownership: 60.64% → 60.12% (-0.51%)
8% less capital invested
Capital invested by funds: $3.6B → $3.32B (-$282M)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$31.5M |
| 2 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$13.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$9.7M |
| 5 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
+$9.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$45M |
| 2 |
Neuberger Berman Group
New York
|
-$34.4M |
| 3 |
KMC
Kirr Marbach & Co
Columbus,
Indiana
|
-$21.6M |
| 4 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
-$16M |
| 5 |
SC
Shellback Capital
Boston,
Massachusetts
|
-$13.2M |
NEU Hedge Fund Activity: Q2 2015 in Review
235 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q2 2015, worth a combined $3.32B — down 7.8% from $3.6B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new NEU positions and 18 closed out — a net gain of 3 holders — while 79 added to existing stakes and 75 trimmed.
The largest buyer was London Company of Virginia, adding an estimated $31.5M. The largest seller was Fidelity Investments, cutting an estimated $45M.
- 235 institutional investors held NewMarket (NEU) as of Q2 2015, up from 234 in Q1 2015.
- Funds reported $3.32B of NewMarket stock for Q2 2015, down 7.8% quarter-over-quarter.
- 21 funds opened new NewMarket positions in Q2 2015 and 18 closed out, a net change of +3 holders.
- The largest NewMarket buyer in Q2 2015 was London Company of Virginia, an estimated $31.5M added.
- The largest NewMarket seller in Q2 2015 was Fidelity Investments, an estimated $45M sold.
Based on aggregated 13F filings for Q2 2015.