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NOA

North American Construction

36 hedge funds and large institutions have $128M invested in North American Construction in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

4% less capital invested

Capital invested by funds: $133M → $128M (-$4.87M)

3.83% less ownership

Funds ownership: 67.24%63.41% (-3.8%)

5% less funds holding

Funds holding: 3836 (-2)

14% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 14

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

Holders
36
Holders Change
-2
Holders Change %
-5.26%
% of All Funds
1.04%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.15%
New
4
Increased
12
Reduced
14
Closed
6
Calls
$9K
Puts
Net Calls
+$9K
Net Calls Change
+$14K
Name Holding Trade Value Shares
Change
Change in
Stake
HH
1
Harbinger Holdings
New York
$40.9M
FCG
2
FrontFour Capital Group
Connecticut
$16.4M +$1.51M +265,244 +10%
Invesco
3
Invesco
Georgia
$12.9M -$35.1K -6,180 -0.3%
PC
4
Perry Capital
New York
$10M -$16.3M -2,871,498 -62%
CC
5
Cannell Capital
Wyoming
$9.07M +$1.07M +187,534 +14%
PGIM
6
Pacific Global Investment Management
California
$7.35M +$944K +166,150 +15%
Bank of Montreal
7
Bank of Montreal
Ontario, Canada
$7.19M +$401K +70,520 +6%
CCPM
8
Cooper Creek Partners Management
New York
$6.02M -$932K -164,091 -14%
BC
9
Brookfield Corp
Ontario, Canada
$4.1M
KCM
10
Kennedy Capital Management
Missouri
$2.33M -$720K -126,697 -24%
D.E. Shaw & Co
11
D.E. Shaw & Co
New York
$2.09M -$283K -49,831 -12%
DAL
12
David A. Lorber
$1.55M +$183K +32,300 +15%
KJHP
13
K.J. Harrison & Partners
Ontario, Canada
$1.46M +$42.6K +7,500 +3%
FP
14
Foundry Partners
Minnesota
$1.27M +$1.25M +219,437 New
Acadian Asset Management
15
Acadian Asset Management
Massachusetts
$1.26M +$651K +114,566 +112%
WC
16
Wexford Capital
Florida
$701K -$165K -29,021 -19%
BCM
17
Bridgeway Capital Management
Texas
$611K
HIM
18
Hillsdale Investment Management
Ontario, Canada
$569K +$236K +41,496 +74%
PPA
19
Parametric Portfolio Associates
Washington
$562K +$550K +96,739 New
Renaissance Technologies
20
Renaissance Technologies
New York
$473K -$53.6K -9,430 -10%
RA
21
Royce & Associates
New York
$291K
SKK
22
Shepherd Kaplan Krochuk
Massachusetts
$273K -$51.1K -9,000 -16%
CAM
23
ClariVest Asset Management
California
$159K
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$155K -$18.7K -3,300 -11%
WS
25
Wedbush Securities
California
$136K +$57.5K +10,129 +76%

NOA Hedge Fund Activity: Q4 2013 in Review

36 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q4 2013, worth a combined $128M — down 3.7% from $133M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of NOA and 4 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 12 added.

The largest buyer was FrontFour Capital Group, adding an estimated $1.51M. The largest seller was Perry Capital, cutting an estimated $16.3M.

  • 36 institutional investors held North American Construction (NOA) as of Q4 2013, down from 38 in Q3 2013.
  • Funds reported $128M of North American Construction stock for Q4 2013, down 3.7% quarter-over-quarter.
  • 4 funds opened new North American Construction positions in Q4 2013 and 6 closed out, a net change of -2 holders.
  • The largest North American Construction buyer in Q4 2013 was FrontFour Capital Group, an estimated $1.51M added.
  • The largest North American Construction seller in Q4 2013 was Perry Capital, an estimated $16.3M sold.

Based on aggregated 13F filings for Q4 2013.