North American Construction
NOA
52 hedge funds and large institutions have $134M invested in North American Construction in 2018 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 3 closing their positions.
5,433% more call options, than puts
Call options by funds: $166K | Put options by funds: $3K
533% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 3
63% more capital invested
Capital invested by funds: $82.6M → $134M (+$51.7M)
44% more funds holding
Funds holding: 36 → 52 (+16)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
0.62% more ownership
Funds ownership: 54.99% → 55.61% (+0.62%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$1,000K |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$888K |
| 3 |
Renaissance Technologies
New York
|
+$836K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$621K |
| 5 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$600K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$3.55M |
| 2 |
RA
Royce & Associates
New York
|
-$1.41M |
| 3 |
CP
Cumberland Partners
Toronto,
Ontario, Canada
|
-$774K |
| 4 |
SCM
Signia Capital Management
Spokane,
Washington
|
-$623K |
| 5 |
CAM
Claret Asset Management
Montreal,
Quebec, Canada
|
-$555K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Millennium Management
New York
| – | -$187K | -31,437 | Closed |
|
|
MCM
52
Matarin Capital Management
New York
| – | -$63.3K | -10,632 | Closed |
|
53
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$1.07K | -145 | -98% |
|
|
NFG
54
Next Financial Group
Houston,
Texas
| – | +$140 | +19 | New |
|
NOA Hedge Fund Activity: Q3 2018 in Review
52 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q3 2018, worth a combined $134M — up 63% from $82.6M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new NOA positions and 3 closed out — a net gain of 16 holders — while 13 added to existing stakes and 12 trimmed.
The largest buyer was Hillsdale Investment Management, adding an estimated $1,000K. The largest seller was Invesco, cutting an estimated $3.55M.
- 52 institutional investors held North American Construction (NOA) as of Q3 2018, up from 36 in Q2 2018.
- Funds reported $134M of North American Construction stock for Q3 2018, up 63% quarter-over-quarter.
- 19 funds opened new North American Construction positions in Q3 2018 and 3 closed out, a net change of +16 holders.
- The largest North American Construction buyer in Q3 2018 was Hillsdale Investment Management, an estimated $1,000K added.
- The largest North American Construction seller in Q3 2018 was Invesco, an estimated $3.55M sold.
Based on aggregated 13F filings for Q3 2018.