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NOA

North American Construction

60 hedge funds and large institutions have $163M invested in North American Construction in 2022 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 20

6.3% more ownership

Funds ownership: 50.14%56.44% (+6.3%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

12% less funds holding

Funds holding: 6860 (-8)

25% less capital invested

Capital invested by funds: $219M → $163M (-$55.3M)

53% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 15

Holders
60
Holders Change
-8
Holders Change %
-11.76%
% of All Funds
1.01%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
7
Increased
22
Reduced
20
Closed
15
Calls
$6K
Puts
Net Calls
+$6K
Net Calls Change
-$21K
Name Holding Trade Value Shares
Change
Change in
Stake
RG
26
Renaissance Group
Kentucky
$1.09M +$1.28M +98,994 New
Morgan Stanley
27
Morgan Stanley
New York
$1.06M -$428K -33,113 -26%
D.E. Shaw & Co
28
D.E. Shaw & Co
New York
$970K +$80.2K +6,200 +8%
Marshall Wace
29
Marshall Wace
United Kingdom
$641K -$106K -8,210 -12%
RA
30
Royce & Associates
New York
$552K
PCM
31
PenderFund Capital Management
British Columbia, Canada
$407K +$372K +28,770 New
American Century Companies
32
American Century Companies
Missouri
$393K +$86.8K +6,707 +23%
MCM
33
MAI Capital Management
Ohio
$357K
Janney Montgomery Scott
34
Janney Montgomery Scott
Pennsylvania
$350K -$233 -18 -0.1%
FCH
35
Freestone Capital Holdings
Washington
$304K
CHAM
36
Clear Harbor Asset Management
Connecticut
$280K
TD Asset Management
37
TD Asset Management
Ontario, Canada
$275K -$39.6K -3,062 -11%
RJA
38
Raymond James & Associates
Florida
$247K
RJFSA
39
Raymond James Financial Services Advisors
Florida
$223K +$26 +2 +0%
HP
40
Highlander Partners
Texas
$212K +$248K +19,186 New
TP
41
Tranquility Partners
Tennessee
$201K +$236K +18,251 New
Toronto Dominion Bank
42
Toronto Dominion Bank
Ontario, Canada
$195K -$19.5K -1,510 -8%
SI
43
Stephens Inc
Arkansas
$165K +$10.9K +839 +6%
SIA
44
SkyView Investment Advisors
New Jersey
$145K -$905 -70 -0.5%
KFP
45
KB Financial Partners
New Jersey
$135K -$1.82K -141 -1%
PTC
46
Petrus Trust Company
Texas
$122K +$143K +11,020 New
Bank of America
47
Bank of America
North Carolina
$104K -$49.4K -3,818 -29%
Acadian Asset Management
48
Acadian Asset Management
Massachusetts
$63K -$395K -30,563 -84%
Lazard Asset Management
49
Lazard Asset Management
New York
$43K +$17.8K +1,379 +54%
BCV
50
Banque Cantonale Vaudoise
Switzerland
$33K

NOA Hedge Fund Activity: Q2 2022 in Review

60 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q2 2022, worth a combined $163M — down 25% from $219M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of NOA and 7 opened new positions — a net loss of 8 holders — while 20 trimmed existing stakes and 22 added.

The largest buyer was Bank of Montreal, adding an estimated $15.7M. The largest seller was Triasima Portfolio Management, exiting entirely with an estimated $3.19M sold.

  • 60 institutional investors held North American Construction (NOA) as of Q2 2022, down from 68 in Q1 2022.
  • Funds reported $163M of North American Construction stock for Q2 2022, down 25% quarter-over-quarter.
  • 7 funds opened new North American Construction positions in Q2 2022 and 15 closed out, a net change of -8 holders.
  • The largest North American Construction buyer in Q2 2022 was Bank of Montreal, an estimated $15.7M added.
  • The largest North American Construction seller in Q2 2022 was Triasima Portfolio Management, an estimated $3.19M sold.

Based on aggregated 13F filings for Q2 2022.