North American Construction
NOA
44 hedge funds and large institutions have $67.7M invested in North American Construction in 2017 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
29% more capital invested
Capital invested by funds: $52.5M → $67.7M (+$15.2M)
13% more funds holding
Funds holding: 39 → 44 (+5)
0.66% more ownership
Funds ownership: 47.75% → 48.41% (+0.66%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.65M |
| 2 |
Morgan Stanley
New York
|
+$2.45M |
| 3 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$1.97M |
| 4 |
SIM
Spark Investment Management
New York
|
+$1.84M |
| 5 |
Renaissance Technologies
New York
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$6.06M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$3.32M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$2.87M |
| 4 |
SCM
Signia Capital Management
Spokane,
Washington
|
-$1.06M |
| 5 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$711K |
NOA Hedge Fund Activity: Q1 2017 in Review
44 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q1 2017, worth a combined $67.7M — up 29% from $52.5M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new NOA positions and 8 closed out — a net gain of 6 holders — while 14 added to existing stakes and 9 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $3.65M. The largest seller was Weiss Asset Management, cutting an estimated $6.06M.
- 44 institutional investors held North American Construction (NOA) as of Q1 2017, up from 39 in Q4 2016.
- Funds reported $67.7M of North American Construction stock for Q1 2017, up 29% quarter-over-quarter.
- 14 funds opened new North American Construction positions in Q1 2017 and 8 closed out, a net change of +6 holders.
- The largest North American Construction buyer in Q1 2017 was Acadian Asset Management, an estimated $3.65M added.
- The largest North American Construction seller in Q1 2017 was Weiss Asset Management, an estimated $6.06M sold.
Based on aggregated 13F filings for Q1 2017.