NewMarket
258 hedge funds and large institutions have $2.1B invested in NewMarket in 2020 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 69 increasing their positions, 101 reducing their positions, and 46 closing their positions.
382% more call options, than puts
Call options by funds: $8.25M | Put options by funds: $1.71M
0.43% more ownership
Funds ownership: 55.89% → 56.32% (+0.43%)
7% less funds holding
Funds holding: 278 → 258 (-20)
14% less capital invested
Capital invested by funds: $2.45B → $2.1B (-$344M)
32% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 101
39% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 46
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$58.6M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$32.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$26.2M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$12.5M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Los Angeles Capital Management
Los Angeles,
California
|
-$15.8M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$14.9M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$12.9M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12.1M |
| 5 |
BlackRock
New York
|
-$10.2M |
NEU Hedge Fund Activity: Q3 2020 in Review
258 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q3 2020, worth a combined $2.1B — down 14% from $2.45B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of NEU and 28 opened new positions — a net loss of 18 holders — while 101 trimmed existing stakes and 69 added.
The largest buyer was First Trust Advisors, adding an estimated $58.6M. The largest seller was Los Angeles Capital Management, cutting an estimated $15.8M.
- 258 institutional investors held NewMarket (NEU) as of Q3 2020, down from 278 in Q2 2020.
- Funds reported $2.1B of NewMarket stock for Q3 2020, down 14% quarter-over-quarter.
- 28 funds opened new NewMarket positions in Q3 2020 and 46 closed out, a net change of -18 holders.
- The largest NewMarket buyer in Q3 2020 was First Trust Advisors, an estimated $58.6M added.
- The largest NewMarket seller in Q3 2020 was Los Angeles Capital Management, an estimated $15.8M sold.
Based on aggregated 13F filings for Q3 2020.