Quanex
136 hedge funds and large institutions have $616M invested in Quanex in 2016 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 55 increasing their positions, 43 reducing their positions, and 22 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 43
12% more capital invested
Capital invested by funds: $552M → $616M (+$64.1M)
2.06% more ownership
Funds ownership: 93.55% → 95.62% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 142 → 136 (-6)
23% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$13M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$10.1M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
+$7.55M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$4.95M |
| 5 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$4.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$21.9M |
| 2 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$8.42M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.05M |
| 4 |
MC
Mitra Capital
Boston,
Massachusetts
|
-$1.77M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Group One Trading
Chicago,
Illinois
| – | -$181K | -10,401 | Closed |
|
152
Simplex Trading
Chicago,
Illinois
| – | -$187K | -10,020 | Closed |
|
|
MBT
153
Monroe Bank & Trust
Monroe,
Michigan
| – | -$35K | -2,025 | Closed |
|
|
IWMPD
154
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| – | -$20K | -1,141 | Closed |
|
|
TRCT
155
Tower Research Capital (TRC)
New York
| – | -$9K | -500 | Closed |
|
|
HNB
156
Huntington National Bank
Columbus,
Ohio
| – | -$7K | -349 | Closed |
|
157
Barclays
London,
United Kingdom
| – | -$561 | -30 | -77% |
|
NX Hedge Fund Activity: Q2 2016 in Review
136 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q2 2016, worth a combined $616M — up 12% from $552M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of NX and 17 opened new positions — a net loss of 5 holders — while 43 trimmed existing stakes and 55 added.
The largest buyer was Investment Counselors of Maryland, opening a new position worth an estimated $13M. The largest seller was Heartland Advisors, exiting entirely with an estimated $21.9M sold.
- 136 institutional investors held Quanex (NX) as of Q2 2016, down from 142 in Q1 2016.
- Funds reported $616M of Quanex stock for Q2 2016, up 12% quarter-over-quarter.
- 17 funds opened new Quanex positions in Q2 2016 and 22 closed out, a net change of -5 holders.
- The largest Quanex buyer in Q2 2016 was Investment Counselors of Maryland, an estimated $13M added.
- The largest Quanex seller in Q2 2016 was Heartland Advisors, an estimated $21.9M sold.
Based on aggregated 13F filings for Q2 2016.