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NOA

North American Construction

53 hedge funds and large institutions have $54.5M invested in North American Construction in 2014 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 18 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% less funds holding

Funds holding: 5553 (-2)

4.62% less ownership

Funds ownership: 53.97%49.35% (-4.6%)

10% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 10

22% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 18

56% less capital invested

Capital invested by funds: $123M → $54.5M (-$68.8M)

60% less funds holding in top 10

Funds holding in top 10: 52 (-3)

Holders
53
Holders Change
-2
Holders Change %
-3.64%
% of All Funds
1.41%
Holding in Top 10
2
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-60%
% of All Funds
0.05%
New
9
Increased
14
Reduced
18
Closed
10
Calls
$3K
Puts
Net Calls
+$3K
Net Calls Change
-$324K
Name Holding Trade Value Shares
Change
Change in
Stake
Canada Life
26
Canada Life
Manitoba, Canada
$188K +$43.3K +9,100 +18%
OAM
27
Oxford Asset Management
United Kingdom
$169K -$340K -71,374 -57%
Susquehanna International Group
28
Susquehanna International Group
Pennsylvania
$161K -$10.4K -2,188 -4%
RA
29
Royce & Associates
New York
$157K
PPA
30
Parametric Portfolio Associates
Washington
$151K -$169K -35,573 -43%
CAM
31
ClariVest Asset Management
California
$133K -$443K -93,017 -69%
RG
32
Renaissance Group
Kentucky
$106K -$2.11K -443 -1%
TAM
33
Trust Asset Management
Texas
$91K
COPPSERS
34
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$86K
CPS
35
Counsel Portfolio Services
Ontario, Canada
$83K +$28.6K +6,000 +30%
WS
36
Wedbush Securities
California
$81K -$36.9K -7,750 -23%
Dimensional Fund Advisors
37
Dimensional Fund Advisors
Texas
$68K
UBS Group
38
UBS Group
Switzerland
$59K +$89.5K +18,804 New
ARTA
39
A.R.T. Advisors
New York
$55K +$17.8K +3,742 +27%
SIM
40
Spark Investment Management
New York
$53K +$33.3K +7,000 +70%
SI
41
Stephens Inc
Arkansas
$52K -$7.57K -1,590 -9%
VKH
42
Virtu KCG Holdings
New York
$46K +$69.2K +14,541 New
PP
43
PDT Partners
New York
$39K +$59.5K +12,500 New
Group One Trading
44
Group One Trading
Illinois
$35K +$16.2K +3,400 +43%
CIBC World Market
45
CIBC World Market
Ontario, Canada
$32K -$924 -194 -2%
PG
46
PEAK6 Group
Illinois
$31K -$15.6K -3,269 -25%
BNP Paribas Financial Markets
47
BNP Paribas Financial Markets
France
$6.66K
TRCT
48
Tower Research Capital (TRC)
New York
$2K -$5.11K -1,073 -64%
Wells Fargo
49
Wells Fargo
California
$2K
Citigroup
50
Citigroup
New York
$2K +$3.39K +711 New

NOA Hedge Fund Activity: Q4 2014 in Review

53 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q4 2014, worth a combined $54.5M — down 56% from $123M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of NOA and 9 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 14 added.

The largest buyer was FrontFour Capital Group, adding an estimated $2.77M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), exiting entirely with an estimated $16.3M sold.

  • 53 institutional investors held North American Construction (NOA) as of Q4 2014, down from 55 in Q3 2014.
  • Funds reported $54.5M of North American Construction stock for Q4 2014, down 56% quarter-over-quarter.
  • 9 funds opened new North American Construction positions in Q4 2014 and 10 closed out, a net change of -1 holder.
  • The largest North American Construction buyer in Q4 2014 was FrontFour Capital Group, an estimated $2.77M added.
  • The largest North American Construction seller in Q4 2014 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $16.3M sold.

Based on aggregated 13F filings for Q4 2014.