Nexa Resources
NEXA
54 hedge funds and large institutions have $315M invested in Nexa Resources in 2018 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 11 closing their positions.
73% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 11
15% more funds holding
Funds holding: 47 → 54 (+7)
0.29% less ownership
Funds ownership: 13.32% → 13.03% (-0.29%)
13% less capital invested
Capital invested by funds: $360M → $315M (-$45.5M)
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$29.1M |
| 2 |
Goldman Sachs
New York
|
+$16.7M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$11M |
| 4 |
CIS
Capital International Sarl
Los Angeles,
California
|
+$7.18M |
| 5 |
NCM
Newfoundland Capital Management
Sao Paulo,
Brazil
|
+$3.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$25.5M |
| 2 |
TP
Third Point
New York
|
-$16.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$7.71M |
| 4 |
Millennium Management
New York
|
-$7.4M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
-$6.57M |
NEXA Hedge Fund Activity: Q1 2018 in Review
54 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Nexa Resources (NEXA) for Q1 2018, worth a combined $315M — down 13% from $360M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new NEXA positions and 11 closed out — a net gain of 8 holders — while 12 added to existing stakes and 18 trimmed.
The largest buyer was Acadian Asset Management, opening a new position worth an estimated $29.1M. The largest seller was Norges Bank, exiting entirely with an estimated $25.5M sold.
- 54 institutional investors held Nexa Resources (NEXA) as of Q1 2018, up from 47 in Q4 2017.
- Funds reported $315M of Nexa Resources stock for Q1 2018, down 13% quarter-over-quarter.
- 19 funds opened new Nexa Resources positions in Q1 2018 and 11 closed out, a net change of +8 holders.
- The largest Nexa Resources buyer in Q1 2018 was Acadian Asset Management, an estimated $29.1M added.
- The largest Nexa Resources seller in Q1 2018 was Norges Bank, an estimated $25.5M sold.
Based on aggregated 13F filings for Q1 2018.