North American Construction
NOA
36 hedge funds and large institutions have $34.1M invested in North American Construction in 2015 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 4 closing their positions.
300% more call options, than puts
Call options by funds: $8K | Put options by funds: $2K
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
0% more funds holding
Funds holding: 36 → 36 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
2.57% less ownership
Funds ownership: 60.86% → 58.28% (-2.6%)
21% less capital invested
Capital invested by funds: $43M → $34.1M (-$8.89M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$420K |
| 2 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$167K |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$126K |
| 4 |
SIM
Spark Investment Management
New York
|
+$73.5K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$23.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGIM
Pacific Global Investment Management
Glendale,
California
|
-$425K |
| 2 |
FCG
FrontFour Capital Group
Greenwich,
Connecticut
|
-$298K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$161K |
| 4 |
Renaissance Technologies
New York
|
-$60.6K |
| 5 |
Credit Agricole
Montrouge Cedex,
France
|
-$46.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Citadel Advisors
Miami,
Florida
| $20K | +$23.8K | +11,324 | New |
|
|
CG
27
Cutler Group
San Francisco,
California
| $15K | +$19.1K | +9,084 | New |
|
28
UBS Group
Zurich,
Switzerland
| $8K | +$6.83K | +3,250 | +271% |
|
29
Walleye Trading
New York
| $5K | +$4.83K | +2,300 | +460% |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $3K | +$2.67K | +1,271 | +240% |
|
31
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $3K | +$4.59K | +2,185 | +1,016% |
|
32
Bank of America
Charlotte,
North Carolina
| $1K | -$1.98K | -944 | -76% |
|
33
BNP Paribas Financial Markets
Paris,
France
| $214 | +$82 | +39 | +100% |
|
|
BCM
34
Bridgeway Capital Management
Houston,
Texas
| – | -$161K | -73,900 | Closed |
|
|
ARTA
35
A.R.T. Advisors
New York
| – | -$22K | -10,478 | Closed |
|
36
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$22K | -10,304 | Closed |
|
37
Group One Trading
Chicago,
Illinois
| – | -$6K | -2,647 | Closed |
|
38
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$2 | +1 | +1% |
|
|
RWA
39
Ropes Wealth Advisors
Boston,
Massachusetts
| – | +$76 | +36 | New |
|
NOA Hedge Fund Activity: Q4 2015 in Review
36 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q4 2015, worth a combined $34.1M — down 21% from $43M a quarter earlier.
Fund positioning in NOA was balanced in Q4 2015: 4 funds opened new positions, 4 closed out, 12 added to existing stakes and 10 trimmed.
The largest buyer was Weiss Asset Management, adding an estimated $420K. The largest seller was Pacific Global Investment Management, cutting an estimated $425K.
- 36 institutional investors held North American Construction (NOA) as of Q4 2015, unchanged from Q3 2015.
- Funds reported $34.1M of North American Construction stock for Q4 2015, down 21% quarter-over-quarter.
- 4 funds opened new North American Construction positions in Q4 2015 and 4 closed out, a net change of 0 holders.
- The largest North American Construction buyer in Q4 2015 was Weiss Asset Management, an estimated $420K added.
- The largest North American Construction seller in Q4 2015 was Pacific Global Investment Management, an estimated $425K sold.
Based on aggregated 13F filings for Q4 2015.