North American Construction
NOA
68 hedge funds and large institutions have $219M invested in North American Construction in 2022 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 11 reducing their positions, and 10 closing their positions.
164% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 11
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
1% more funds holding
Funds holding: 67 → 68 (+1)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less capital invested
Capital invested by funds: $226M → $219M (-$6.98M)
1.97% less ownership
Funds ownership: 52.11% → 50.14% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$4.3M |
| 2 |
Goldman Sachs
New York
|
+$2.59M |
| 3 |
Millennium Management
New York
|
+$2.36M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$2.18M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$2.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$9.41M |
| 2 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$3.77M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$3.26M |
| 4 |
IP
Invenire Partners
Ridgefield,
Connecticut
|
-$1.22M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$1.09M |
NOA Hedge Fund Activity: Q1 2022 in Review
68 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q1 2022, worth a combined $219M — down 3.1% from $226M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NOA positions and 10 closed out — a net gain of 2 holders — while 29 added to existing stakes and 11 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $4.3M. The largest seller was Polar Asset Management Partners, cutting an estimated $9.41M.
- 68 institutional investors held North American Construction (NOA) as of Q1 2022, up from 67 in Q4 2021.
- Funds reported $219M of North American Construction stock for Q1 2022, down 3.1% quarter-over-quarter.
- 12 funds opened new North American Construction positions in Q1 2022 and 10 closed out, a net change of +2 holders.
- The largest North American Construction buyer in Q1 2022 was Renaissance Technologies, an estimated $4.3M added.
- The largest North American Construction seller in Q1 2022 was Polar Asset Management Partners, an estimated $9.41M sold.
Based on aggregated 13F filings for Q1 2022.