NewMarket
321 hedge funds and large institutions have $3.35B invested in NewMarket in 2024 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 124 increasing their positions, 92 reducing their positions, and 32 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 92
25% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 32
7% more capital invested
Capital invested by funds: $3.14B → $3.35B (+$208M)
2% more funds holding
Funds holding: 316 → 321 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.01% less ownership
Funds ownership: 63.45% → 63.45% (-0.01%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$22.8M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$11.8M |
| 3 |
DC
Davenport & Co
Richmond,
Virginia
|
+$9.27M |
| 4 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$6.13M |
| 5 |
Goldman Sachs
New York
|
+$5.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$15.9M |
| 2 |
Lazard Asset Management
New York
|
-$10.4M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$10.1M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$8.37M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$7.96M |
NEU Hedge Fund Activity: Q3 2024 in Review
321 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in NewMarket (NEU) for Q3 2024, worth a combined $3.35B — up 6.6% from $3.14B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new NEU positions and 32 closed out — a net gain of 8 holders — while 124 added to existing stakes and 92 trimmed.
The largest buyer was BlackRock, adding an estimated $22.8M. The largest seller was Invesco, cutting an estimated $15.9M.
- 321 institutional investors held NewMarket (NEU) as of Q3 2024, up from 316 in Q2 2024.
- Funds reported $3.35B of NewMarket stock for Q3 2024, up 6.6% quarter-over-quarter.
- 40 funds opened new NewMarket positions in Q3 2024 and 32 closed out, a net change of +8 holders.
- The largest NewMarket buyer in Q3 2024 was BlackRock, an estimated $22.8M added.
- The largest NewMarket seller in Q3 2024 was Invesco, an estimated $15.9M sold.
Based on aggregated 13F filings for Q3 2024.