North American Construction
NOA
62 hedge funds and large institutions have $151M invested in North American Construction in 2021 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 25 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
38% more call options, than puts
Call options by funds: $11K | Put options by funds: $8K
11% more funds holding
Funds holding: 56 → 62 (+6)
4% more capital invested
Capital invested by funds: $144M → $151M (+$6.28M)
1.61% less ownership
Funds ownership: 50.03% → 48.42% (-1.6%)
24% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 25
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$3.84M |
| 2 |
VEA
Virtus ETF Advisers
New York
|
+$1.57M |
| 3 |
Goldman Sachs
New York
|
+$1.54M |
| 4 |
Morgan Stanley
New York
|
+$1.49M |
| 5 |
Renaissance Technologies
New York
|
+$914K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$8.13M |
| 2 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$3.84M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$2.66M |
| 4 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$1.92M |
| 5 |
AI
Acuitas Investments
Seattle,
Washington
|
-$1.61M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Lazard Asset Management
New York
| $27K | – | – | – |
|
|
HI
52
Harbour Investments
Madison,
Wisconsin
| $24K | +$23.6K | +2,200 | New |
|
53
UBS Group
Zurich,
Switzerland
| $22K | -$2.43K | -226 | -10% |
|
54
JP Morgan Chase
New York
| $14K | +$43 | +4 | +0.3% |
|
|
FDCDDQ
55
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $6.36K | – | – | – |
|
|
EP
56
Eudaimonia Partners
Winchester,
Tennessee
| $6K | +$5.93K | +552 | New |
|
57
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $4K | – | – | – |
|
58
Osaic Holdings
Scottsdale,
Arizona
| $3K | +$537 | +50 | +29% |
|
59
Group One Trading
Chicago,
Illinois
| $2K | -$53.1K | -4,942 | -96% |
|
60
Wells Fargo
San Francisco,
California
| $1K | -$14.1K | -1,314 | -93% |
|
|
TRCT
61
Tower Research Capital (TRC)
New York
| $1K | -$4.41K | -410 | -78% |
|
|
62
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$3.84M | -391,551 | Closed |
|
63
Jane Street
New York
| – | -$100K | -10,100 | Closed |
|
NOA Hedge Fund Activity: Q1 2021 in Review
62 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q1 2021, worth a combined $151M — up 4.4% from $144M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new NOA positions and 2 closed out — a net gain of 6 holders — while 19 added to existing stakes and 25 trimmed.
The largest buyer was Mackenzie Financial, adding an estimated $3.84M. The largest seller was Polar Asset Management Partners, cutting an estimated $8.13M.
- 62 institutional investors held North American Construction (NOA) as of Q1 2021, up from 56 in Q4 2020.
- Funds reported $151M of North American Construction stock for Q1 2021, up 4.4% quarter-over-quarter.
- 8 funds opened new North American Construction positions in Q1 2021 and 2 closed out, a net change of +6 holders.
- The largest North American Construction buyer in Q1 2021 was Mackenzie Financial, an estimated $3.84M added.
- The largest North American Construction seller in Q1 2021 was Polar Asset Management Partners, an estimated $8.13M sold.
Based on aggregated 13F filings for Q1 2021.