NewMarket
295 hedge funds and large institutions have $2.9B invested in NewMarket in 2019 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 78 increasing their positions, 106 reducing their positions, and 27 closing their positions.
650% more call options, than puts
Call options by funds: $9.91M | Put options by funds: $1.32M
96% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 27
17% more capital invested
Capital invested by funds: $2.47B → $2.9B (+$428M)
10% more funds holding
Funds holding: 269 → 295 (+26)
0.2% less ownership
Funds ownership: 55.1% → 54.9% (-0.2%)
26% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 106
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$31.1M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$30.2M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$30M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
+$28.7M |
| 5 |
Renaissance Technologies
New York
|
+$28.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$126M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
-$65.6M |
| 3 |
BlackRock
New York
|
-$44.9M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$34.1M |
| 5 |
State Street
Boston,
Massachusetts
|
-$9.85M |
NEU Hedge Fund Activity: Q3 2019 in Review
295 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q3 2019, worth a combined $2.9B — up 17% from $2.47B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new NEU positions and 27 closed out — a net gain of 26 holders — while 78 added to existing stakes and 106 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $31.1M. The largest seller was Bank of America, cutting an estimated $126M.
- 295 institutional investors held NewMarket (NEU) as of Q3 2019, up from 269 in Q2 2019.
- Funds reported $2.9B of NewMarket stock for Q3 2019, up 17% quarter-over-quarter.
- 53 funds opened new NewMarket positions in Q3 2019 and 27 closed out, a net change of +26 holders.
- The largest NewMarket buyer in Q3 2019 was Morgan Stanley, an estimated $31.1M added.
- The largest NewMarket seller in Q3 2019 was Bank of America, an estimated $126M sold.
Based on aggregated 13F filings for Q3 2019.