North American Construction
NOA
65 hedge funds and large institutions have $166M invested in North American Construction in 2019 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 20 increasing their positions, 20 reducing their positions, and 12 closing their positions.
122% more call options, than puts
Call options by funds: $449K | Put options by funds: $202K
4.28% more ownership
Funds ownership: 56.33% → 60.61% (+4.3%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 20
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
3% less funds holding
Funds holding: 67 → 65 (-2)
8% less capital invested
Capital invested by funds: $180M → $166M (-$13.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$8.28M |
| 2 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$3.94M |
| 3 |
AI
Atom Investors
Austin,
Texas
|
+$3.65M |
| 4 |
JP Morgan Chase
New York
|
+$1.58M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$8.76M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.39M |
| 3 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$3.3M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.84M |
| 5 |
Morgan Stanley
New York
|
-$1.19M |
NOA Hedge Fund Activity: Q2 2019 in Review
65 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q2 2019, worth a combined $166M — down 7.6% from $180M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of NOA and 11 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 20 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $8.28M. The largest seller was Hillsdale Investment Management, cutting an estimated $8.76M.
- 65 institutional investors held North American Construction (NOA) as of Q2 2019, down from 67 in Q1 2019.
- Funds reported $166M of North American Construction stock for Q2 2019, down 7.6% quarter-over-quarter.
- 11 funds opened new North American Construction positions in Q2 2019 and 12 closed out, a net change of -1 holder.
- The largest North American Construction buyer in Q2 2019 was Polar Asset Management Partners, an estimated $8.28M added.
- The largest North American Construction seller in Q2 2019 was Hillsdale Investment Management, an estimated $8.76M sold.
Based on aggregated 13F filings for Q2 2019.