North American Construction
NOA
35 hedge funds and large institutions have $46.7M invested in North American Construction in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 9 closing their positions.
0.95% more ownership
Funds ownership: 55.51% → 56.46% (+0.95%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
13% less capital invested
Capital invested by funds: $53.8M → $46.7M (-$7.15M)
17% less funds holding
Funds holding: 42 → 35 (-7)
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.65M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.83M |
| 3 |
CC
Cannell Capital
Alta,
Wyoming
|
+$562K |
| 4 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
+$142K |
| 5 |
PGIM
Pacific Global Investment Management
Glendale,
California
|
+$111K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
-$1.31M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.02M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$594K |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$171K |
| 5 |
Renaissance Technologies
New York
|
-$119K |
NOA Hedge Fund Activity: Q2 2015 in Review
35 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q2 2015, worth a combined $46.7M — down 13% from $53.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NOA and 2 opened new positions — a net loss of 7 holders — while 10 trimmed existing stakes and 9 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $2.65M. The largest seller was Cooper Creek Partners Management, cutting an estimated $1.31M.
- 35 institutional investors held North American Construction (NOA) as of Q2 2015, down from 42 in Q1 2015.
- Funds reported $46.7M of North American Construction stock for Q2 2015, down 13% quarter-over-quarter.
- 2 funds opened new North American Construction positions in Q2 2015 and 9 closed out, a net change of -7 holders.
- The largest North American Construction buyer in Q2 2015 was Polar Asset Management Partners, an estimated $2.65M added.
- The largest North American Construction seller in Q2 2015 was Cooper Creek Partners Management, an estimated $1.31M sold.
Based on aggregated 13F filings for Q2 2015.