North American Construction
NOA
39 hedge funds and large institutions have $52.5M invested in North American Construction in 2016 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
49% more capital invested
Capital invested by funds: $35.1M → $52.5M (+$17.4M)
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
26% more funds holding
Funds holding: 31 → 39 (+8)
3.21% more ownership
Funds ownership: 44.54% → 47.75% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Signia Capital Management
Spokane,
Washington
|
+$2.01M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$775K |
| 3 |
Morgan Stanley
New York
|
+$557K |
| 4 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$552K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$483K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$4.2M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$2.94M |
| 3 |
CC
Cannell Capital
Alta,
Wyoming
|
-$472K |
| 4 |
DWM
Dorchester Wealth Management
Montreal,
Quebec, Canada
|
-$176K |
| 5 |
SIM
Spark Investment Management
New York
|
-$87K |
NOA Hedge Fund Activity: Q4 2016 in Review
39 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q4 2016, worth a combined $52.5M — up 49% from $35.1M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new NOA positions and 4 closed out — a net gain of 8 holders — while 9 added to existing stakes and 7 trimmed.
The largest buyer was Signia Capital Management, opening a new position worth an estimated $2.01M. The largest seller was Weiss Asset Management, cutting an estimated $4.2M.
- 39 institutional investors held North American Construction (NOA) as of Q4 2016, up from 31 in Q3 2016.
- Funds reported $52.5M of North American Construction stock for Q4 2016, up 49% quarter-over-quarter.
- 12 funds opened new North American Construction positions in Q4 2016 and 4 closed out, a net change of +8 holders.
- The largest North American Construction buyer in Q4 2016 was Signia Capital Management, an estimated $2.01M added.
- The largest North American Construction seller in Q4 2016 was Weiss Asset Management, an estimated $4.2M sold.
Based on aggregated 13F filings for Q4 2016.