NRC Group Holdings Corp.
NRCG
NRCG was delisted on the 31st of October, 2019.
32 hedge funds and large institutions have $198M invested in NRC Group Holdings Corp. in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 4 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
11% more capital invested
Capital invested by funds: $179M → $198M (+$19M)
10% more funds holding
Funds holding: 29 → 32 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$20.7M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
+$9.99M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$9.99M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$8.88M |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$8.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$24.5M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$17.8M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$10.5M |
| 4 |
AGC
Angelo Gordon & Co
New York
|
-$5.99M |
| 5 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
-$1.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DAM
26
Deltec Asset Management
New York
| $507K | – | – | – |
|
|
GI
27
GAMCO Investors
Greenwich,
Connecticut
| $223K | – | – | – |
|
|
BI
28
Bulldog Investors
Saddle Brook,
New Jersey
| $172K | +$31.5K | +3,149 | +23% |
|
|
MAM
29
Marquette Asset Management
Minneapolis,
Minnesota
| $140K | +$138K | +13,779 | New |
|
|
TSS
30
Two Sigma Securities
New York
| $118K | +$117K | +11,663 | New |
|
31
UBS Group
Zurich,
Switzerland
| $31K | +$4.5K | +450 | +17% |
|
|
CI
32
Cowen Inc
New York
| $5.68K | +$5.49M | +549,904 | New |
|
|
KIM
33
Karpus Investment Management
Pittsford,
New York
| – | -$24.5M | -2,479,280 | Closed |
|
|
PAMP
34
Polar Asset Management Partners
Toronto,
Ontario, Canada
| – | -$17.8M | -1,799,300 | Closed |
|
|
HCMT
35
Highland Capital Management (Texas)
Dallas,
Texas
| – | -$1.13M | -113,600 | Closed |
|
36
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$244K | -24,600 | Closed |
|
NRCG Hedge Fund Activity: Q2 2018 in Review
32 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in NRC Group Holdings Corp. (NRCG) for Q2 2018, worth a combined $198M — up 11% from $179M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new NRCG positions and 4 closed out — a net gain of 3 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was Glazer Capital LLC, adding an estimated $20.7M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $24.5M sold.
- 32 institutional investors held NRC Group Holdings Corp. (NRCG) as of Q2 2018, up from 29 in Q1 2018.
- Funds reported $198M of NRC Group Holdings Corp. stock for Q2 2018, up 11% quarter-over-quarter.
- 7 funds opened new NRC Group Holdings Corp. positions in Q2 2018 and 4 closed out, a net change of +3 holders.
- The largest NRC Group Holdings Corp. buyer in Q2 2018 was Glazer Capital LLC, an estimated $20.7M added.
- The largest NRC Group Holdings Corp. seller in Q2 2018 was Karpus Investment Management, an estimated $24.5M sold.
Based on aggregated 13F filings for Q2 2018.