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NewMarket

261 hedge funds and large institutions have $2.68B invested in NewMarket in 2018 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 64 increasing their positions, 112 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 25

1.35% more ownership

Funds ownership: 55.36%56.71% (+1.4%)

3% more capital invested

Capital invested by funds: $2.61B → $2.68B (+$77.3M)

1% more funds holding

Funds holding: 259261 (+2)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

14% less call options, than puts

Call options by funds: $7.59M | Put options by funds: $8.88M

43% less repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 112

Holders
261
Holders Change
+2
Holders Change %
+0.77%
% of All Funds
5.98%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
31
Increased
64
Reduced
112
Closed
25
Calls
$7.59M
Puts
$8.88M
Net Calls
-$1.29M
Net Calls Change
-$2.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$534M -$10.5M -25,733 -2%
LCOV
2
London Company of Virginia
Virginia
$380M -$31.4M -76,982 -8%
Vanguard Group
3
Vanguard Group
Pennsylvania
$358M +$1.47M +3,608 +0.4%
BlackRock
4
BlackRock
New York
$306M +$5.3M +13,026 +2%
State Street
5
State Street
Massachusetts
$92.9M -$3.29M -8,090 -3%
Janus Henderson Group
6
Janus Henderson Group
United Kingdom
$88.3M +$89.5M +219,801 New
Neuberger Berman Group
7
Neuberger Berman Group
New York
$71.3M +$11.9M +29,104 +20%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$45.9M +$53.8K +132 +0.1%
Northern Trust
9
Northern Trust
Illinois
$37.8M -$1.59M -3,904 -4%
Norges Bank
10
Norges Bank
Norway
$33.5M
Geode Capital Management
11
Geode Capital Management
Massachusetts
$31.3M +$1.78M +4,371 +6%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$29.5M +$1.21M +2,966 +4%
EVM
13
Eaton Vance Management
Massachusetts
$29.1M +$19.8M +48,540 +204%
T. Rowe Price Associates
14
T. Rowe Price Associates
Maryland
$26.7M -$4.93M -12,114 -15%
Invesco
15
Invesco
Georgia
$21.7M -$747K -1,835 -3%
CCM
16
Copeland Capital Management
Pennsylvania
$21.4M +$336K +826 +2%
JIM
17
Jupiter Investment Management
United Kingdom
$20.3M -$11.4K -28 -0.1%
Charles Schwab
18
Charles Schwab
California
$20.2M +$1.21M +2,978 +6%
Wells Fargo
19
Wells Fargo
California
$19.2M +$5.24M +12,859 +37%
Russell Investments Group
20
Russell Investments Group
United Kingdom
$16.5M -$2.81M -6,897 -14%
Principal Financial Group
21
Principal Financial Group
Iowa
$15.6M -$125K -306 -0.8%
California Public Employees Retirement System
22
California Public Employees Retirement System
California
$13.8M -$422K -1,036 -3%
BC
23
Burney Company
Virginia
$12.5M -$2.79M -6,848 -18%
Jacobs Levy Equity Management
24
Jacobs Levy Equity Management
New Jersey
$12.2M -$3.53M -8,670 -22%
Ameriprise
25
Ameriprise
Minnesota
$12.2M -$594K -1,458 -5%

NEU Hedge Fund Activity: Q1 2018 in Review

261 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q1 2018, worth a combined $2.68B — up 3% from $2.61B a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new NEU positions and 25 closed out — a net gain of 6 holders — while 64 added to existing stakes and 112 trimmed.

The largest buyer was Janus Henderson Group, opening a new position worth an estimated $89.5M. The largest seller was London Company of Virginia, cutting an estimated $31.4M.

  • 261 institutional investors held NewMarket (NEU) as of Q1 2018, up from 259 in Q4 2017.
  • Funds reported $2.68B of NewMarket stock for Q1 2018, up 3% quarter-over-quarter.
  • 31 funds opened new NewMarket positions in Q1 2018 and 25 closed out, a net change of +6 holders.
  • The largest NewMarket buyer in Q1 2018 was Janus Henderson Group, an estimated $89.5M added.
  • The largest NewMarket seller in Q1 2018 was London Company of Virginia, an estimated $31.4M sold.

Based on aggregated 13F filings for Q1 2018.