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NOA

North American Construction

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.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5% less funds holding

Funds holding: 4442 (-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

24% less capital invested

Capital invested by funds: $67.7M → $51.3M (-$16.5M)

58% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 19

Holders
42
Holders Change
-2
Holders Change %
-4.55%
% of All Funds
1.05%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
7
Increased
8
Reduced
19
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CC
1
Cannell Capital
Wyoming
$11.1M -$141K -30,243 -1%
Invesco
2
Invesco
Georgia
$9.77M +$2.98K +638 +0%
Acadian Asset Management
3
Acadian Asset Management
Massachusetts
$5.45M -$66.7K -14,273 -1%
Renaissance Technologies
4
Renaissance Technologies
New York
$4.12M -$620K -132,800 -12%
Morgan Stanley
5
Morgan Stanley
New York
$3.3M -$468K -100,095 -12%
PGIM
6
Pacific Global Investment Management
California
$2.93M -$2.75M -588,972 -47%
SCM
7
Signia Capital Management
Washington
$2.6M +$971K +207,958 +54%
IIM
8
Intact Investment Management
Quebec, Canada
$2.34M +$54.6K +11,700 +3%
KJHP
9
K.J. Harrison & Partners
Ontario, Canada
$1.6M -$287K -61,500 -14%
SIM
10
Spark Investment Management
New York
$1.56M -$104K -22,203 -6%
Deutsche Bank
11
Deutsche Bank
Germany
$1.35M -$448K -95,855 -24%
AL
12
AJO LP
Pennsylvania
$1.32M +$761K +162,891 +119%
HIM
13
Hillsdale Investment Management
Ontario, Canada
$1.01M
CHAM
14
Clear Harbor Asset Management
Connecticut
$342K -$39.2K -8,400 -10%
OSAM
15
O'Shaughnessy Asset Management
Connecticut
$272K +$5.58K +1,194 +2%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$264K +$15.5K +3,311 +6%
RA
17
Royce & Associates
New York
$220K
Geode Capital Management
18
Geode Capital Management
Massachusetts
$184K -$153K -32,814 -44%
COPPSERS
19
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$172K
BFM
20
Boothbay Fund Management
New York
$166K -$43.6K -9,327 -20%
BlackRock
21
BlackRock
New York
$162K -$11.7K -2,507 -6%
Russell Investments Group
22
Russell Investments Group
United Kingdom
$157K -$364 -78 -0.2%
JP Morgan Chase
23
JP Morgan Chase
New York
$150K +$159K +34,000 New
FCH
24
Freestone Capital Holdings
Washington
$121K
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$95K -$3.64M -780,344 -97%

NOA Hedge Fund Activity: Q2 2017 in Review

42 of the 4,011 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 $67.7M 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.