NRC Group Holdings Corp.
NRCG
NRCG was delisted on the 31st of October, 2019.
29 hedge funds and large institutions have $228M invested in NRC Group Holdings Corp. in 2018 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
15% more capital invested
Capital invested by funds: $198M → $228M (+$29.9M)
9% less funds holding
Funds holding: 32 → 29 (-3)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$14.2M |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$11M |
| 3 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
+$10.5M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.63M |
| 5 |
CI
Cowen Inc
New York
|
+$3.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$20.5M |
| 2 |
AGC
Angelo Gordon & Co
New York
|
-$5.58M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$3.04M |
| 4 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$1.84M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GI
26
GAMCO Investors
Greenwich,
Connecticut
| $224K | – | – | – |
|
|
BI
27
Bulldog Investors
Saddle Brook,
New Jersey
| $173K | -$101 | -10 | -0.1% |
|
|
MAM
28
Marquette Asset Management
Minneapolis,
Minnesota
| $140K | – | – | – |
|
|
HIM
29
HGC Investment Management
Toronto,
Ontario, Canada
| $22K | -$1.84M | -181,496 | -99% |
|
|
WAM
30
Weiss Asset Management
Boston,
Massachusetts
| – | -$20.5M | -2,020,704 | Closed |
|
|
AGC
31
Angelo Gordon & Co
New York
| – | -$5.58M | -550,000 | Closed |
|
|
32
Alyeska Investment Group
Chicago,
Illinois
| – | -$3.04M | -300,000 | Closed |
|
|
TSS
33
Two Sigma Securities
New York
| – | -$118K | -11,663 | Closed |
|
34
UBS Group
Zurich,
Switzerland
| – | -$31K | -3,055 | Closed |
|
NRCG Hedge Fund Activity: Q3 2018 in Review
29 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in NRC Group Holdings Corp. (NRCG) for Q3 2018, worth a combined $228M — up 15% from $198M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of NRCG and 2 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 9 added.
The largest buyer was Polar Asset Management Partners, opening a new position worth an estimated $14.2M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $20.5M sold.
- 29 institutional investors held NRC Group Holdings Corp. (NRCG) as of Q3 2018, down from 32 in Q2 2018.
- Funds reported $228M of NRC Group Holdings Corp. stock for Q3 2018, up 15% quarter-over-quarter.
- 2 funds opened new NRC Group Holdings Corp. positions in Q3 2018 and 5 closed out, a net change of -3 holders.
- The largest NRC Group Holdings Corp. buyer in Q3 2018 was Polar Asset Management Partners, an estimated $14.2M added.
- The largest NRC Group Holdings Corp. seller in Q3 2018 was Weiss Asset Management, an estimated $20.5M sold.
Based on aggregated 13F filings for Q3 2018.