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NOA

North American Construction

73 hedge funds and large institutions have $176M invested in North American Construction in 2019 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 22 increasing their positions, 24 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 4

88% more call options, than puts

Call options by funds: $636K | Put options by funds: $338K

12% more funds holding

Funds holding: 6573 (+8)

6% more capital invested

Capital invested by funds: $166M → $176M (+$10M)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

8% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 24

5.08% less ownership

Funds ownership: 60.61%55.53% (-5.1%)

Holders
73
Holders Change
+8
Holders Change %
+12.31%
% of All Funds
1.6%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
12
Increased
22
Reduced
24
Closed
4
Calls
$636K
Puts
$338K
Net Calls
+$298K
Net Calls Change
+$51K
Name Holding Trade Value Shares
Change
Change in
Stake
New York State Common Retirement Fund
51
New York State Common Retirement Fund
New York
$183K
CSS
52
Cubist Systematic Strategies
Connecticut
$154K -$68.3K -5,961 -31%
SI
53
Stephens Inc
Arkansas
$153K +$57 +5 +0%
PTC
54
Petrus Trust Company
Texas
$149K +$148K +12,931 New
Connor, Clark & Lunn Investment Management (CC&L)
55
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$138K +$137K +12,000 New
BlackRock
56
BlackRock
New York
$130K +$129K +11,266 New
Janney Montgomery Scott
57
Janney Montgomery Scott
Pennsylvania
$121K +$120K +10,498 New
Barclays
58
Barclays
United Kingdom
$84K -$26.4K -2,306 -24%
Bank of Montreal
59
Bank of Montreal
Ontario, Canada
$53K +$2.29K +200 +5%
Deutsche Bank
60
Deutsche Bank
Germany
$38K -$3.17M -276,764 -99%
WT
61
Whittier Trust
California
$35K
Simplex Trading
62
Simplex Trading
Illinois
$27K -$21.8K -1,901 -45%
Wells Fargo
63
Wells Fargo
California
$27K +$17K +1,481 +171%
AG
64
Advisor Group
Arizona
$18K +$18K +1,575 New
FDCDDQ
65
Federation des caisses Desjardins du Quebec
Quebec, Canada
$16K
UBS Group
66
UBS Group
Switzerland
$12K -$42.6K -3,721 -79%
FGAM
67
Financial Gravity Asset Management
Texas
$7K
PNC Financial Services Group
68
PNC Financial Services Group
Pennsylvania
$4K
CFGS
69
Concourse Financial Group Securities
Alabama
$3K
FRA
70
Front Row Advisors
California
$2K +$733 +64 +44%
FCH
71
Freestone Capital Holdings
Washington
$317
1832 Asset Management
72
1832 Asset Management
Ontario, Canada
-$761K -71,100 Closed
CCMW
73
Cypress Capital Management (Wyoming)
Wyoming
-$115K -10,652 Closed
TRCT
74
Tower Research Capital (TRC)
New York
-$19.5K -1,699 -100%
US Bancorp
75
US Bancorp
Minnesota
-$3K -250 Closed

NOA Hedge Fund Activity: Q3 2019 in Review

73 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q3 2019, worth a combined $176M — up 6.1% from $166M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new NOA positions and 4 closed out — a net gain of 8 holders — while 22 added to existing stakes and 24 trimmed.

The largest buyer was Hillsdale Investment Management, adding an estimated $6.28M. The largest seller was Polar Asset Management Partners, cutting an estimated $9.18M.

  • 73 institutional investors held North American Construction (NOA) as of Q3 2019, up from 65 in Q2 2019.
  • Funds reported $176M of North American Construction stock for Q3 2019, up 6.1% quarter-over-quarter.
  • 12 funds opened new North American Construction positions in Q3 2019 and 4 closed out, a net change of +8 holders.
  • The largest North American Construction buyer in Q3 2019 was Hillsdale Investment Management, an estimated $6.28M added.
  • The largest North American Construction seller in Q3 2019 was Polar Asset Management Partners, an estimated $9.18M sold.

Based on aggregated 13F filings for Q3 2019.