NewMarket
233 hedge funds and large institutions have $2.93B invested in NewMarket in 2016 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 64 increasing their positions, 92 reducing their positions, and 16 closing their positions.
205% more call options, than puts
Call options by funds: $8.97M | Put options by funds: $2.94M
56% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 16
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
4% more funds holding
Funds holding: 225 → 233 (+8)
1% more capital invested
Capital invested by funds: $2.91B → $2.93B (+$19.7M)
1.29% less ownership
Funds ownership: 59.39% → 58.1% (-1.3%)
30% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 92
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$12.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$10.8M |
| 3 |
Goldman Sachs
New York
|
+$10.6M |
| 4 |
DA
Denali Advisors
San Diego,
California
|
+$6.53M |
| 5 |
Millennium Management
New York
|
+$4.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$29.3M |
| 2 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
-$18.5M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$17.2M |
| 4 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$9.91M |
| 5 |
State Street
Boston,
Massachusetts
|
-$8.89M |
NEU Hedge Fund Activity: Q3 2016 in Review
233 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q3 2016, worth a combined $2.93B — up 0.68% from $2.91B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new NEU positions and 16 closed out — a net gain of 9 holders — while 64 added to existing stakes and 92 trimmed.
The largest buyer was London Company of Virginia, adding an estimated $12.7M. The largest seller was Fidelity Investments, exiting entirely with an estimated $29.3M sold.
- 233 institutional investors held NewMarket (NEU) as of Q3 2016, up from 225 in Q2 2016.
- Funds reported $2.93B of NewMarket stock for Q3 2016, up 0.68% quarter-over-quarter.
- 25 funds opened new NewMarket positions in Q3 2016 and 16 closed out, a net change of +9 holders.
- The largest NewMarket buyer in Q3 2016 was London Company of Virginia, an estimated $12.7M added.
- The largest NewMarket seller in Q3 2016 was Fidelity Investments, an estimated $29.3M sold.
Based on aggregated 13F filings for Q3 2016.