North American Construction
NOA
36 hedge funds and large institutions have $43M invested in North American Construction in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
4.39% more ownership
Funds ownership: 56.46% → 60.86% (+4.4%)
3% more funds holding
Funds holding: 35 → 36 (+1)
8% less capital invested
Capital invested by funds: $46.7M → $43M (-$3.69M)
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$5.88M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
+$1.14M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$525K |
| 4 |
FCH
Freestone Capital Holdings
Seattle,
Washington
|
+$57.7K |
| 5 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
+$41.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCG
FrontFour Capital Group
Greenwich,
Connecticut
|
-$2.84M |
| 2 |
CCPM
Cooper Creek Partners Management
New York
|
-$1.23M |
| 3 |
KJHP
K.J. Harrison & Partners
Toronto,
Ontario, Canada
|
-$626K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$491K |
| 5 |
PL
Parkwood LLC
Cleveland,
Ohio
|
-$420K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ARTA
26
A.R.T. Advisors
New York
| $22K | -$3.78K | -1,800 | -15% |
|
27
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $22K | +$21.6K | +10,304 | New |
|
28
Group One Trading
Chicago,
Illinois
| $6K | -$9.97K | -4,755 | -64% |
|
29
UBS Group
Zurich,
Switzerland
| $3K | – | – | – |
|
30
Bank of America
Charlotte,
North Carolina
| $3K | +$2.61K | +1,244 | New |
|
31
Walleye Trading
New York
| $1K | +$210 | +100 | +25% |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $1K | +$902 | +430 | +430% |
|
33
BNP Paribas Financial Markets
Paris,
France
| $109 | -$155 | -74 | -65% |
|
|
CCPM
34
Cooper Creek Partners Management
New York
| – | -$1.23M | -506,767 | Closed |
|
|
PL
35
Parkwood LLC
Cleveland,
Ohio
| – | -$420K | -172,728 | Closed |
|
|
CAM
36
ClariVest Asset Management
San Diego,
California
| – | -$272K | -112,059 | Closed |
|
37
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$17 | +8 | +12% |
|
38
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | +$367 | +175 | +438% |
|
NOA Hedge Fund Activity: Q3 2015 in Review
36 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q3 2015, worth a combined $43M — down 7.9% from $46.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new NOA positions and 3 closed out — a net gain of 1 holder — while 9 added to existing stakes and 14 trimmed.
The largest buyer was Weiss Asset Management, opening a new position worth an estimated $5.88M. The largest seller was FrontFour Capital Group, cutting an estimated $2.84M.
- 36 institutional investors held North American Construction (NOA) as of Q3 2015, up from 35 in Q2 2015.
- Funds reported $43M of North American Construction stock for Q3 2015, down 7.9% quarter-over-quarter.
- 4 funds opened new North American Construction positions in Q3 2015 and 3 closed out, a net change of +1 holder.
- The largest North American Construction buyer in Q3 2015 was Weiss Asset Management, an estimated $5.88M added.
- The largest North American Construction seller in Q3 2015 was FrontFour Capital Group, an estimated $2.84M sold.
Based on aggregated 13F filings for Q3 2015.