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NOA

North American Construction

52 hedge funds and large institutions have $134M invested in North American Construction in 2018 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

5,433% more call options, than puts

Call options by funds: $166K | Put options by funds: $3K

533% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 3

63% more capital invested

Capital invested by funds: $82.6M → $134M (+$51.7M)

44% more funds holding

Funds holding: 3652 (+16)

8% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 12

0.62% more ownership

Funds ownership: 54.99%55.61% (+0.62%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

Holders
52
Holders Change
+16
Holders Change %
+44.44%
% of All Funds
1.19%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
19
Increased
13
Reduced
12
Closed
3
Calls
$166K
Puts
$3K
Net Calls
+$163K
Net Calls Change
+$163K
Name Holding Trade Value Shares
Change
Change in
Stake
CC
1
Cannell Capital
Wyoming
$29.7M
CAM
2
Claret Asset Management
Quebec, Canada
$24M -$555K -75,378 -3%
Renaissance Technologies
3
Renaissance Technologies
New York
$11.3M +$836K +113,400 +11%
Acadian Asset Management
4
Acadian Asset Management
Massachusetts
$10.6M +$335K +45,430 +4%
CP
5
Cumberland Partners
Ontario, Canada
$7.24M -$774K -105,000 -12%
SCM
6
Signia Capital Management
Washington
$7.24M -$623K -84,621 -10%
HIM
7
Hillsdale Investment Management
Ontario, Canada
$7.16M +$1,000K +135,700 +23%
Invesco
8
Invesco
Georgia
$6.36M -$3.55M -481,577 -43%
PGIM
9
Pacific Global Investment Management
California
$4.55M +$44K +5,975 +1%
Morgan Stanley
10
Morgan Stanley
New York
$3.91M +$420K +57,050 +17%
Deutsche Bank
11
Deutsche Bank
Germany
$3.67M +$621K +84,261 +29%
KJHP
12
K.J. Harrison & Partners
Ontario, Canada
$2.93M -$343K -46,500 -13%
IIM
13
Intact Investment Management
Quebec, Canada
$2.22M -$473K -64,200 -27%
JP Morgan Chase
14
JP Morgan Chase
New York
$1.76M +$409K +55,482 +45%
SIM
15
Spark Investment Management
New York
$1.72M +$287K +39,000 +28%
AL
16
AJO LP
Pennsylvania
$1.33M -$39.9K -5,416 -4%
Arrowstreet Capital
17
Arrowstreet Capital
Massachusetts
$1.32M +$888K +120,514 +831%
CAM
18
ClariVest Asset Management
California
$799K +$600K +81,495 New
BFM
19
Boothbay Fund Management
New York
$778K -$297K -40,338 -34%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$635K +$3.41K +463 +0.7%
WCM
21
Wedge Capital Management
North Carolina
$609K -$93.3K -12,668 -17%
RA
22
Royce & Associates
New York
$490K -$1.41M -191,000 -79%
GC
23
Globeflex Capital
California
$418K +$315K +42,684 New
Marshall Wace
24
Marshall Wace
United Kingdom
$408K +$307K +41,640 New
COPPSERS
25
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$383K

NOA Hedge Fund Activity: Q3 2018 in Review

52 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in North American Construction (NOA) for Q3 2018, worth a combined $134M — up 63% from $82.6M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new NOA positions and 3 closed out — a net gain of 16 holders — while 13 added to existing stakes and 12 trimmed.

The largest buyer was Hillsdale Investment Management, adding an estimated $1,000K. The largest seller was Invesco, cutting an estimated $3.55M.

  • 52 institutional investors held North American Construction (NOA) as of Q3 2018, up from 36 in Q2 2018.
  • Funds reported $134M of North American Construction stock for Q3 2018, up 63% quarter-over-quarter.
  • 19 funds opened new North American Construction positions in Q3 2018 and 3 closed out, a net change of +16 holders.
  • The largest North American Construction buyer in Q3 2018 was Hillsdale Investment Management, an estimated $1,000K added.
  • The largest North American Construction seller in Q3 2018 was Invesco, an estimated $3.55M sold.

Based on aggregated 13F filings for Q3 2018.