NewMarket
263 hedge funds and large institutions have $2.17B invested in NewMarket in 2023 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 87 increasing their positions, 90 reducing their positions, and 14 closing their positions.
3,488% more call options, than puts
Call options by funds: $11.8M | Put options by funds: $328K
157% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 14
20% more capital invested
Capital invested by funds: $1.81B → $2.17B (+$368M)
7% more funds holding
Funds holding: 245 → 263 (+18)
1.47% more ownership
Funds ownership: 60.04% → 61.51% (+1.5%)
3% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 90
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DC
Davenport & Co
Richmond,
Virginia
|
+$8.32M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$7.37M |
| 3 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$5.28M |
| 4 |
MOS
MGO One Seven
Beachwood,
Ohio
|
+$5.04M |
| 5 |
BA
Bridgewater Associates
Westport,
Connecticut
|
+$3.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$24.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$9.45M |
| 3 |
Renaissance Technologies
New York
|
-$5.17M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$4.1M |
| 5 |
BlackRock
New York
|
-$3.59M |
NEU Hedge Fund Activity: Q1 2023 in Review
263 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q1 2023, worth a combined $2.17B — up 20% from $1.81B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new NEU positions and 14 closed out — a net gain of 22 holders — while 87 added to existing stakes and 90 trimmed.
The largest buyer was Davenport & Co, adding an estimated $8.32M. The largest seller was Invesco, cutting an estimated $24.4M.
- 263 institutional investors held NewMarket (NEU) as of Q1 2023, up from 245 in Q4 2022.
- Funds reported $2.17B of NewMarket stock for Q1 2023, up 20% quarter-over-quarter.
- 36 funds opened new NewMarket positions in Q1 2023 and 14 closed out, a net change of +22 holders.
- The largest NewMarket buyer in Q1 2023 was Davenport & Co, an estimated $8.32M added.
- The largest NewMarket seller in Q1 2023 was Invesco, an estimated $24.4M sold.
Based on aggregated 13F filings for Q1 2023.