North American Construction
NOA
34 hedge funds and large institutions have $37.4M invested in North American Construction in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 3 closing their positions.
9% more capital invested
Capital invested by funds: $34.1M → $37.4M (+$3.23M)
3.14% less ownership
Funds ownership: 58.28% → 55.14% (-3.1%)
6% less funds holding
Funds holding: 36 → 34 (-2)
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$494K |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$121K |
| 3 |
Renaissance Technologies
New York
|
+$90.3K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$32.7K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$6.87K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$1.35M |
| 2 |
FCG
FrontFour Capital Group
Greenwich,
Connecticut
|
-$727K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$342K |
| 4 |
PGIM
Pacific Global Investment Management
Glendale,
California
|
-$204K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$157K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $11K | +$2.33K | +1,336 | +30% |
|
|
CG
27
Cutler Group
San Francisco,
California
| $9K | -$7.44K | -4,274 | -47% |
|
28
Walleye Trading
New York
| $2K | -$3.31K | -1,900 | -68% |
|
29
Bank of America
Charlotte,
North Carolina
| $1K | +$174 | +100 | +33% |
|
30
Citigroup
New York
| $1K | +$696 | +400 | New |
|
31
BNP Paribas Financial Markets
Paris,
France
| $98 | -$68 | -39 | -50% |
|
|
WS
32
Wedbush Securities
Los Angeles,
California
| – | -$34K | -19,867 | Closed |
|
33
Citadel Advisors
Miami,
Florida
| – | -$20K | -11,324 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$3.02K | -1,732 | -96% |
|
35
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$28 | +16 | +21% |
|
NOA Hedge Fund Activity: Q1 2016 in Review
34 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q1 2016, worth a combined $37.4M — up 9.5% from $34.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NOA and 1 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 10 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $494K. The largest seller was Cannell Capital, cutting an estimated $1.35M.
- 34 institutional investors held North American Construction (NOA) as of Q1 2016, down from 36 in Q4 2015.
- Funds reported $37.4M of North American Construction stock for Q1 2016, up 9.5% quarter-over-quarter.
- 1 fund opened new North American Construction positions in Q1 2016 and 3 closed out, a net change of -2 holders.
- The largest North American Construction buyer in Q1 2016 was Polar Asset Management Partners, an estimated $494K added.
- The largest North American Construction seller in Q1 2016 was Cannell Capital, an estimated $1.35M sold.
Based on aggregated 13F filings for Q1 2016.