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NOA

North American Construction

36 hedge funds and large institutions have $48.5M invested in North American Construction in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4.1% less ownership

Funds ownership: 41.93%37.83% (-4.1%)

5% less capital invested

Capital invested by funds: $51.3M → $48.5M (-$2.75M)

14% less funds holding

Funds holding: 4236 (-6)

15% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 13

63% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 8

Holders
36
Holders Change
-6
Holders Change %
-14.29%
% of All Funds
0.9%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
3
Increased
11
Reduced
13
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CC
1
Cannell Capital
Wyoming
$12.4M +$1.32M +317,854 +13%
Invesco
2
Invesco
Georgia
$8.05M -$1.53M -369,709 -17%
Acadian Asset Management
3
Acadian Asset Management
Massachusetts
$5.29M -$98K -23,640 -2%
Renaissance Technologies
4
Renaissance Technologies
New York
$4.16M +$87.4K +21,100 +2%
Morgan Stanley
5
Morgan Stanley
New York
$3M -$255K -61,537 -8%
IIM
6
Intact Investment Management
Quebec, Canada
$2.73M +$395K +95,267 +23%
SCM
7
Signia Capital Management
Washington
$2.66M +$82.7K +19,948 +3%
PGIM
8
Pacific Global Investment Management
California
$2.44M -$438K -105,579 -16%
Deutsche Bank
9
Deutsche Bank
Germany
$1.61M +$264K +63,641 +21%
KJHP
10
K.J. Harrison & Partners
Ontario, Canada
$1.57M
AL
11
AJO LP
Pennsylvania
$1.09M -$210K -50,651 -17%
SIM
12
Spark Investment Management
New York
$880K -$629K -151,700 -42%
CHAM
13
Clear Harbor Asset Management
Connecticut
$278K -$54.3K -13,100 -17%
BFM
14
Boothbay Fund Management
New York
$269K +$99.6K +24,043 +64%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$261K +$8 +2 +0%
JP Morgan Chase
16
JP Morgan Chase
New York
$244K +$92K +22,200 +65%
OSAM
17
O'Shaughnessy Asset Management
Connecticut
$222K -$44.7K -10,797 -17%
RA
18
Royce & Associates
New York
$218K
Russell Investments Group
19
Russell Investments Group
United Kingdom
$192K +$35.9K +8,666 +24%
COPPSERS
20
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$170K
Geode Capital Management
21
Geode Capital Management
Massachusetts
$140K -$39.4K -9,495 -22%
FCH
22
Freestone Capital Holdings
Washington
$120K
TRCT
23
Tower Research Capital (TRC)
New York
$98K +$7.72K +1,864 +11%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$94K
VF
25
Virtu Financial
New York
$93K +$88.6K +21,382 New

NOA Hedge Fund Activity: Q3 2017 in Review

36 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q3 2017, worth a combined $48.5M — down 5.4% from $51.3M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of NOA and 3 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 11 added.

The largest buyer was Cannell Capital, adding an estimated $1.32M. The largest seller was Invesco, cutting an estimated $1.53M.

  • 36 institutional investors held North American Construction (NOA) as of Q3 2017, down from 42 in Q2 2017.
  • Funds reported $48.5M of North American Construction stock for Q3 2017, down 5.4% quarter-over-quarter.
  • 3 funds opened new North American Construction positions in Q3 2017 and 8 closed out, a net change of -5 holders.
  • The largest North American Construction buyer in Q3 2017 was Cannell Capital, an estimated $1.32M added.
  • The largest North American Construction seller in Q3 2017 was Invesco, an estimated $1.53M sold.

Based on aggregated 13F filings for Q3 2017.