North American Construction
NOA
42 hedge funds and large institutions have $51.3M invested in North American Construction in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 19 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 44 → 42 (-2)
6.48% less ownership
Funds ownership: 48.41% → 41.93% (-6.5%)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
58% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 19
82% less capital inflows, than outflows
Capital inflows: $2.09M | Capital outflows: $11.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Signia Capital Management
Spokane,
Washington
|
+$971K |
| 2 |
AJO LP
Philadelphia,
Pennsylvania
|
+$761K |
| 3 |
JP Morgan Chase
New York
|
+$159K |
| 4 |
Intact Investment Management
Montreal,
Quebec, Canada
|
+$54.6K |
| 5 |
Virtu KCG Holdings
New York
|
+$53.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3.64M |
| 2 |
Pacific Global Investment Management
Glendale,
California
|
-$2.75M |
| 3 |
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$2.13M |
| 4 |
Renaissance Technologies
New York
|
-$620K |
| 5 |
Morgan Stanley
New York
|
-$468K |
NOA Hedge Fund Activity: Q2 2017 in Review
42 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q2 2017, worth a combined $51.3M — down 24% from $67.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NOA and 7 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 8 added.
The largest buyer was Signia Capital Management, adding an estimated $971K. The largest seller was Bank of Montreal, cutting an estimated $3.64M.
- 42 institutional investors held North American Construction (NOA) as of Q2 2017, down from 44 in Q1 2017.
- Funds reported $51.3M of North American Construction stock for Q2 2017, down 24% quarter-over-quarter.
- 7 funds opened new North American Construction positions in Q2 2017 and 9 closed out, a net change of -2 holders.
- The largest North American Construction buyer in Q2 2017 was Signia Capital Management, an estimated $971K added.
- The largest North American Construction seller in Q2 2017 was Bank of Montreal, an estimated $3.64M sold.
Based on aggregated 13F filings for Q2 2017.