NEWPORT CORP
NEWP
NEWP was delisted on the 29th of April, 2016.
140 hedge funds and large institutions have $797M invested in NEWPORT CORP in 2016 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 41 increasing their positions, 42 reducing their positions, and 38 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
50% more capital invested
Capital invested by funds: $531M → $797M (+$266M)
1% more funds holding
Funds holding: 138 → 140 (+2)
8% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 38
2% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 42
100% less call options, than puts
Call options by funds: $1K | Put options by funds: $331K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$33.7M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$25.3M |
| 3 |
WIC
Water Island Capital
New York
|
+$23.7M |
| 4 |
GF
Gabelli Funds
Rye,
New York
|
+$16.6M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$61.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$16.1M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$14.9M |
| 4 |
T
Tinicum
New York
|
-$12.3M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$7.99M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RWA
176
Ropes Wealth Advisors
Boston,
Massachusetts
| – | -$6K | -350 | Closed |
|
177
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -108 | Closed |
|
NEWP Hedge Fund Activity: Q1 2016 in Review
140 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in NEWPORT CORP (NEWP) for Q1 2016, worth a combined $797M — up 50% from $531M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new NEWP positions and 38 closed out — a net gain of 3 holders — while 41 added to existing stakes and 42 trimmed.
The largest buyer was Magnetar Financial, opening a new position worth an estimated $33.7M. The largest seller was Royce & Associates, exiting entirely with an estimated $61.7M sold.
- 140 institutional investors held NEWPORT CORP (NEWP) as of Q1 2016, up from 138 in Q4 2015.
- Funds reported $797M of NEWPORT CORP stock for Q1 2016, up 50% quarter-over-quarter.
- 41 funds opened new NEWPORT CORP positions in Q1 2016 and 38 closed out, a net change of +3 holders.
- The largest NEWPORT CORP buyer in Q1 2016 was Magnetar Financial, an estimated $33.7M added.
- The largest NEWPORT CORP seller in Q1 2016 was Royce & Associates, an estimated $61.7M sold.
Based on aggregated 13F filings for Q1 2016.