North American Construction
NOA
65 hedge funds and large institutions have $77.8M invested in North American Construction in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 12 closing their positions.
6,600% more call options, than puts
Call options by funds: $67K | Put options by funds: $1K
14% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 21
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0% more funds holding
Funds holding: 65 → 65 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.08% less ownership
Funds ownership: 55.33% → 55.25% (-0.08%)
58% less capital invested
Capital invested by funds: $185M → $77.8M (-$107M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$10.2M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
+$2.76M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$1.7M |
| 4 |
BFM
Boothbay Fund Management
New York
|
+$1.43M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Atom Investors
Austin,
Texas
|
-$5.77M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$4.46M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.6M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$1.79M |
| 5 |
Morgan Stanley
New York
|
-$1.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
76
Manchester Capital Management
Manchester,
Vermont
| – | +$114 | +12 | New |
|
77
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$276 | +29 | +322% |
|
NOA Hedge Fund Activity: Q1 2020 in Review
65 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q1 2020, worth a combined $77.8M — down 58% from $185M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NOA positions and 12 closed out — a net gain of 1 holder — while 24 added to existing stakes and 21 trimmed.
The largest buyer was Polar Asset Management Partners, adding an estimated $10.2M. The largest seller was Atom Investors, cutting an estimated $5.77M.
- 65 institutional investors held North American Construction (NOA) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $77.8M of North American Construction stock for Q1 2020, down 58% quarter-over-quarter.
- 13 funds opened new North American Construction positions in Q1 2020 and 12 closed out, a net change of +1 holder.
- The largest North American Construction buyer in Q1 2020 was Polar Asset Management Partners, an estimated $10.2M added.
- The largest North American Construction seller in Q1 2020 was Atom Investors, an estimated $5.77M sold.
Based on aggregated 13F filings for Q1 2020.