North American Construction
NOA
42 hedge funds and large institutions have $53.8M invested in North American Construction in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 15 closing their positions.
6.16% more ownership
Funds ownership: 49.35% → 55.51% (+6.2%)
1% less capital invested
Capital invested by funds: $54.5M → $53.8M (-$627K)
21% less funds holding
Funds holding: 53 → 42 (-11)
41% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 17
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
73% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$3.37M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$1.71M |
| 3 |
CC
Cannell Capital
Alta,
Wyoming
|
+$1.26M |
| 4 |
PL
Parkwood LLC
Cleveland,
Ohio
|
+$447K |
| 5 |
Credit Agricole
Montrouge Cedex,
France
|
+$382K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$1.67M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$646K |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$498K |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$351K |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$317K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| – | -$1.96K | -674 | -95% |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| – | -$1.49K | -512 | -84% |
|
53
Wells Fargo
San Francisco,
California
| – | -$2K | -500 | Closed |
|
54
Bank of America
Charlotte,
North Carolina
| – | -$1K | -200 | Closed |
|
55
Simplex Trading
Chicago,
Illinois
| – | -$87 | -30 | -97% |
|
56
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$259 | +89 | New |
|
NOA Hedge Fund Activity: Q1 2015 in Review
42 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q1 2015, worth a combined $53.8M — down 1.2% from $54.5M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of NOA and 4 opened new positions — a net loss of 11 holders — while 17 trimmed existing stakes and 10 added.
The largest buyer was Invesco, adding an estimated $3.37M. The largest seller was O'Shaughnessy Asset Management, exiting entirely with an estimated $1.67M sold.
- 42 institutional investors held North American Construction (NOA) as of Q1 2015, down from 53 in Q4 2014.
- Funds reported $53.8M of North American Construction stock for Q1 2015, down 1.2% quarter-over-quarter.
- 4 funds opened new North American Construction positions in Q1 2015 and 15 closed out, a net change of -11 holders.
- The largest North American Construction buyer in Q1 2015 was Invesco, an estimated $3.37M added.
- The largest North American Construction seller in Q1 2015 was O'Shaughnessy Asset Management, an estimated $1.67M sold.
Based on aggregated 13F filings for Q1 2015.