North American Construction
NOA
34 hedge funds and large institutions have $37.4M invested in North American Construction in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 3 closing their positions.
9% more capital invested
Capital invested by funds: $34.1M → $37.4M (+$3.23M)
3.14% less ownership
Funds ownership: 58.28% → 55.14% (-3.1%)
6% less funds holding
Funds holding: 36 → 34 (-2)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$494K |
| 2 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$121K |
| 3 |
Renaissance Technologies
New York
|
+$90.3K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$32.7K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$6.87K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
-$1.35M |
| 2 |
FCG
FrontFour Capital Group
Greenwich,
Connecticut
|
-$727K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$342K |
| 4 |
PGIM
Pacific Global Investment Management
Glendale,
California
|
-$204K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$157K |
NOA Hedge Fund Activity: Q1 2016 in Review
34 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q1 2016, worth a combined $37.4M — up 9.5% from $34.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NOA and 1 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 10 added.
The largest buyer was Polar Asset Management Partners, adding an estimated $494K. The largest seller was Cannell Capital, cutting an estimated $1.35M.
- 34 institutional investors held North American Construction (NOA) as of Q1 2016, down from 36 in Q4 2015.
- Funds reported $37.4M of North American Construction stock for Q1 2016, up 9.5% quarter-over-quarter.
- 1 fund opened new North American Construction positions in Q1 2016 and 3 closed out, a net change of -2 holders.
- The largest North American Construction buyer in Q1 2016 was Polar Asset Management Partners, an estimated $494K added.
- The largest North American Construction seller in Q1 2016 was Cannell Capital, an estimated $1.35M sold.
Based on aggregated 13F filings for Q1 2016.