North American Construction
NOA
43 hedge funds and large institutions have $149M invested in North American Construction in 2014 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 6 reducing their positions, and 4 closing their positions.
873% more call options, than puts
Call options by funds: $214K | Put options by funds: $22K
217% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 6
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
19% more funds holding
Funds holding: 36 → 43 (+7)
16% more capital invested
Capital invested by funds: $128M → $149M (+$20.6M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
3.94% less ownership
Funds ownership: 63.41% → 59.47% (-3.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.21M |
| 2 |
PGIM
Pacific Global Investment Management
Glendale,
California
|
+$1.09M |
| 3 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$849K |
| 4 |
CC
Cannell Capital
Alta,
Wyoming
|
+$581K |
| 5 |
FCG
FrontFour Capital Group
Greenwich,
Connecticut
|
+$572K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Perry Capital
New York
|
-$10M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.1M |
| 3 |
D.E. Shaw & Co
New York
|
-$2.09M |
| 4 |
WC
Wexford Capital
West Palm Beach,
Florida
|
-$701K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$619K |
NOA Hedge Fund Activity: Q1 2014 in Review
43 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q1 2014, worth a combined $149M — up 16% from $128M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NOA positions and 4 closed out — a net gain of 7 holders — while 19 added to existing stakes and 6 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $1.21M. The largest seller was Perry Capital, exiting entirely with an estimated $10M sold.
- 43 institutional investors held North American Construction (NOA) as of Q1 2014, up from 36 in Q4 2013.
- Funds reported $149M of North American Construction stock for Q1 2014, up 16% quarter-over-quarter.
- 11 funds opened new North American Construction positions in Q1 2014 and 4 closed out, a net change of +7 holders.
- The largest North American Construction buyer in Q1 2014 was Acadian Asset Management, an estimated $1.21M added.
- The largest North American Construction seller in Q1 2014 was Perry Capital, an estimated $10M sold.
Based on aggregated 13F filings for Q1 2014.