North American Construction
NOA
60 hedge funds and large institutions have $133M invested in North American Construction in 2018 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 22 increasing their positions, 12 reducing their positions, and 11 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 12
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
15% more funds holding
Funds holding: 52 → 60 (+8)
3.89% more ownership
Funds ownership: 55.61% → 59.5% (+3.9%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1% less capital invested
Capital invested by funds: $134M → $133M (-$1.31M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$2.56M |
| 2 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$1.62M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.49M |
| 4 |
PCM
Prelude Capital Management
New York
|
+$1.14M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$852K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Cumberland Partners
Toronto,
Ontario, Canada
|
-$1.82M |
| 2 |
SCM
Signia Capital Management
Spokane,
Washington
|
-$1.43M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.16M |
| 4 |
JP Morgan Chase
New York
|
-$1.14M |
| 5 |
Renaissance Technologies
New York
|
-$1.07M |
NOA Hedge Fund Activity: Q4 2018 in Review
60 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q4 2018, worth a combined $133M — down 0.98% from $134M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new NOA positions and 11 closed out — a net gain of 9 holders — while 22 added to existing stakes and 12 trimmed.
The largest buyer was O'Shaughnessy Asset Management, opening a new position worth an estimated $2.56M. The largest seller was Cumberland Partners, cutting an estimated $1.82M.
- 60 institutional investors held North American Construction (NOA) as of Q4 2018, up from 52 in Q3 2018.
- Funds reported $133M of North American Construction stock for Q4 2018, down 0.98% quarter-over-quarter.
- 20 funds opened new North American Construction positions in Q4 2018 and 11 closed out, a net change of +9 holders.
- The largest North American Construction buyer in Q4 2018 was O'Shaughnessy Asset Management, an estimated $2.56M added.
- The largest North American Construction seller in Q4 2018 was Cumberland Partners, an estimated $1.82M sold.
Based on aggregated 13F filings for Q4 2018.