NewMarket
222 hedge funds and large institutions have $2.61B invested in NewMarket in 2015 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 69 increasing their positions, 87 reducing their positions, and 29 closing their positions.
5% less call options, than puts
Call options by funds: $5.93M | Put options by funds: $6.25M
1.31% less ownership
Funds ownership: 60.12% → 58.81% (-1.3%)
6% less funds holding
Funds holding: 235 → 222 (-13)
21% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 87
21% less capital invested
Capital invested by funds: $3.32B → $2.61B (-$712M)
41% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 29
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$270M |
| 2 |
Renaissance Technologies
New York
|
+$13.4M |
| 3 |
ICM
IronBridge Capital Management
Oakbrook Terrace,
Illinois
|
+$10.1M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7.05M |
| 5 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$6.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$27.5M |
| 2 |
MG
Meritage Group
San Francisco,
California
|
-$19.8M |
| 3 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
-$11.2M |
| 4 |
Neuberger Berman Group
New York
|
-$8.81M |
| 5 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
-$8.77M |
NEU Hedge Fund Activity: Q3 2015 in Review
222 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q3 2015, worth a combined $2.61B — down 21% from $3.32B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of NEU and 17 opened new positions — a net loss of 12 holders — while 87 trimmed existing stakes and 69 added.
The largest buyer was Bank of America, adding an estimated $270M. The largest seller was T. Rowe Price Associates, cutting an estimated $27.5M.
- 222 institutional investors held NewMarket (NEU) as of Q3 2015, down from 235 in Q2 2015.
- Funds reported $2.61B of NewMarket stock for Q3 2015, down 21% quarter-over-quarter.
- 17 funds opened new NewMarket positions in Q3 2015 and 29 closed out, a net change of -12 holders.
- The largest NewMarket buyer in Q3 2015 was Bank of America, an estimated $270M added.
- The largest NewMarket seller in Q3 2015 was T. Rowe Price Associates, an estimated $27.5M sold.
Based on aggregated 13F filings for Q3 2015.