North American Construction
NOA
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.
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (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: 38 → 36 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCG
FrontFour Capital Group
Greenwich,
Connecticut
|
+$1.51M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
+$1.07M |
| 3 |
PGIM
Pacific Global Investment Management
Glendale,
California
|
+$944K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$651K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$550K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Perry Capital
New York
|
-$16.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.4M |
| 3 |
CCPM
Cooper Creek Partners Management
New York
|
-$932K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$720K |
| 5 |
D.E. Shaw & Co
New York
|
-$283K |
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.