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NOA

North American Construction
NOA

68 hedge funds and large institutions have $219M invested in North American Construction in 2022 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 11 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

164% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 11

20% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 10

1% more funds holding

Funds holding: 67 → 68 (+1)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

3% less capital invested

Capital invested by funds: $226M → $219M (-$6.98M)

1.97% less ownership

Funds ownership: 52.11% → 50.14% (-2%)

Holders
68
Holders Change
+1
Holders Change %
+1.49%
% of All Funds
1.07%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.05%
New
12
Increased
29
Reduced
11
Closed
10
Calls
$27K
Puts
–
Net Calls
+$27K
Net Calls Change
+$9K

Top Buyers

Rank Fund Capital Flow
1
Renaissance Technologies
Renaissance Technologies
New York
+$4.3M
2
Goldman Sachs
Goldman Sachs
New York
+$2.59M
3
Millennium Management
Millennium Management
New York
+$2.36M
4
Stifel Financial
Stifel Financial
Missouri
+$2.18M
5
Fiera Capital (Canada)
Fiera Capital (Canada)
Quebec, Canada
+$2.16M

Top Sellers

Rank Fund Capital Flow
1
PAMP
Polar Asset Management Partners
Ontario, Canada
-$9.41M
2
EGI
EAM Global Investors
California
-$3.77M
3
HIM
Hillsdale Investment Management
Ontario, Canada
-$3.26M
4
IP
Invenire Partners
Connecticut
-$1.22M
5
EI
EAM Investors
California
-$1.09M
Name Holding Trade Value Shares
Change 		Change in
Stake
Royal Bank of Canada
26
Royal Bank of Canada
Ontario, Canada
$1.63M +$305K +20,447 +22%
VEA
27
Virtus ETF Advisers
New York
$1.6M -$431K -28,873 -21%
PGIM
28
Pacific Global Investment Management
California
$1.42M -$23.7K -1,584 -2%
D.E. Shaw & Co
29
D.E. Shaw & Co
New York
$1.19M +$1.05M +70,300 +591%
BCIM
30
British Columbia Investment Management
British Columbia, Canada
$1M +$1.04M +69,300 New
Marshall Wace
31
Marshall Wace
United Kingdom
$955K +$890K +59,584 +904%
CQS
32
Credential Qtrade Securities
$827K +$188K +12,610 +28%
RA
33
Royce & Associates
New York
$722K – – –
TWC
34
TD Waterhouse Canada
Ontario, Canada
$529K +$17.7K +1,182 +4%
Acadian Asset Management
35
Acadian Asset Management
Massachusetts
$520K +$456K +30,519 +528%
Two Sigma Investments
36
Two Sigma Investments
New York
$486K +$503K +33,647 New
MCM
37
MAI Capital Management
Ohio
$467K – – –
Janney Montgomery Scott
38
Janney Montgomery Scott
Pennsylvania
$441K +$99.6K +6,670 +28%
American Century Companies
39
American Century Companies
Missouri
$422K +$1.49K +100 +0.3%
TD Asset Management
40
TD Asset Management
Ontario, Canada
$408K +$1.18K +79 +0.3%
FCH
41
Freestone Capital Holdings
Washington
$397K – – –
CHAM
42
Clear Harbor Asset Management
Connecticut
$371K – – –
RJA
43
Raymond James & Associates
Florida
$323K -$1.64K -110 -0.5%
Bank of Montreal
44
Bank of Montreal
Ontario, Canada
$302K +$12.4K +829 +4%
Citadel Advisors
45
Citadel Advisors
Florida
$301K +$310K +20,785 New
RJFSA
46
Raymond James Financial Services Advisors
Florida
$292K – – –
Toronto Dominion Bank
47
Toronto Dominion Bank
Ontario, Canada
$279K – – –
TI
48
Trexquant Investment
Connecticut
$246K +$254K +17,031 New
VI
49
Versor Investments
New York
$209K +$215K +14,425 New
SI
50
Stephens Inc
Arkansas
$203K -$7.84K -525 -4%
1
2
3 4

NOA Hedge Fund Activity: Q1 2022 in Review

68 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q1 2022, worth a combined $219M — down 3.1% from $226M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new NOA positions and 10 closed out — a net gain of 2 holders — while 29 added to existing stakes and 11 trimmed.

The largest buyer was Renaissance Technologies, adding an estimated $4.3M. The largest seller was Polar Asset Management Partners, cutting an estimated $9.41M.

  • 68 institutional investors held North American Construction (NOA) as of Q1 2022, up from 67 in Q4 2021.
  • Funds reported $219M of North American Construction stock for Q1 2022, down 3.1% quarter-over-quarter.
  • 12 funds opened new North American Construction positions in Q1 2022 and 10 closed out, a net change of +2 holders.
  • The largest North American Construction buyer in Q1 2022 was Renaissance Technologies, an estimated $4.3M added.
  • The largest North American Construction seller in Q1 2022 was Polar Asset Management Partners, an estimated $9.41M sold.

Based on aggregated 13F filings for Q1 2022.