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NOA

North American Construction

39 hedge funds and large institutions have $44.6M invested in North American Construction in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 14 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 4

20% more capital invested

Capital invested by funds: $37.4M → $44.6M (+$7.3M)

15% more funds holding

Funds holding: 3439 (+5)

6.1% less ownership

Funds ownership: 55.14%49.04% (-6.1%)

57% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 14

Holders
39
Holders Change
+5
Holders Change %
+14.71%
% of All Funds
1.04%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
9
Increased
6
Reduced
14
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$8.2M -$935K -376,426 -11%
CC
2
Cannell Capital
Wyoming
$7.93M -$195K -78,607 -3%
WAM
3
Weiss Asset Management
Massachusetts
$7.32M -$1.15M -461,100 -15%
PAMP
4
Polar Asset Management Partners
Ontario, Canada
$5.08M -$4.52M -1,821,157 -50%
FCG
5
FrontFour Capital Group
Connecticut
$3.64M -$1.02M -411,710 -24%
PGIM
6
Pacific Global Investment Management
California
$3.27M -$116K -46,764 -4%
Bank of Montreal
7
Bank of Montreal
Ontario, Canada
$1.58M -$78.3K -31,500 -5%
Renaissance Technologies
8
Renaissance Technologies
New York
$1.47M +$296K +119,000 +30%
Acadian Asset Management
9
Acadian Asset Management
Massachusetts
$1.02M
Credit Agricole
10
Credit Agricole
France
$722K -$94.1K -37,868 -13%
HIM
11
Hillsdale Investment Management
Ontario, Canada
$649K +$576K +231,900 New
SI
12
Sprott Inc
Ontario, Canada
$564K +$497K +200,000 New
KJHP
13
K.J. Harrison & Partners
Ontario, Canada
$502K +$373K +150,000 +495%
Morgan Stanley
14
Morgan Stanley
New York
$421K +$260K +104,849 +235%
CHAM
15
Clear Harbor Asset Management
Connecticut
$416K -$36.3K -14,600 -9%
BIT
16
BlackRock Institutional Trust
California
$333K
Deutsche Bank
17
Deutsche Bank
Germany
$200K +$125K +50,323 +238%
DAL
18
David A. Lorber
$185K -$55.7K -22,431 -26%
SKK
19
Shepherd Kaplan Krochuk
Massachusetts
$172K -$58.9K -23,700 -28%
BCM
20
Bridgeway Capital Management
Texas
$166K +$146K +58,800 New
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$158K
RA
22
Royce & Associates
New York
$141K
SIM
23
Spark Investment Management
New York
$98K
FCH
24
Freestone Capital Holdings
Washington
$78K
COPPSERS
25
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$77K

NOA Hedge Fund Activity: Q2 2016 in Review

39 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q2 2016, worth a combined $44.6M — up 20% from $37.4M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new NOA positions and 4 closed out — a net gain of 5 holders — while 6 added to existing stakes and 14 trimmed.

The largest buyer was Hillsdale Investment Management, opening a new position worth an estimated $576K. The largest seller was Polar Asset Management Partners, cutting an estimated $4.52M.

  • 39 institutional investors held North American Construction (NOA) as of Q2 2016, up from 34 in Q1 2016.
  • Funds reported $44.6M of North American Construction stock for Q2 2016, up 20% quarter-over-quarter.
  • 9 funds opened new North American Construction positions in Q2 2016 and 4 closed out, a net change of +5 holders.
  • The largest North American Construction buyer in Q2 2016 was Hillsdale Investment Management, an estimated $576K added.
  • The largest North American Construction seller in Q2 2016 was Polar Asset Management Partners, an estimated $4.52M sold.

Based on aggregated 13F filings for Q2 2016.