Quanex
126 hedge funds and large institutions have $747M invested in Quanex in 2013 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 46 increasing their positions, 30 reducing their positions, and 8 closing their positions.
250% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 8
53% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 30
18% more funds holding
Funds holding: 107 → 126 (+19)
1% more capital invested
Capital invested by funds: $740M → $747M (+$6.39M)
5.35% less ownership
Funds ownership: 106.05% → 100.71% (-5.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
+$11.1M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$7M |
| 3 |
Millennium Management
New York
|
+$4.84M |
| 4 |
Two Sigma Investments
New York
|
+$3.68M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$3.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gates Capital Management
New York
|
-$49.9M |
| 2 |
RA
Royce & Associates
New York
|
-$20.1M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$9.43M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$8.27M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$7.31M |
NX Hedge Fund Activity: Q4 2013 in Review
126 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q4 2013, worth a combined $747M — up 0.86% from $740M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new NX positions and 8 closed out — a net gain of 20 holders — while 46 added to existing stakes and 30 trimmed.
The largest buyer was Odey Asset Management Group, adding an estimated $11.1M. The largest seller was Gates Capital Management, exiting entirely with an estimated $49.9M sold.
- 126 institutional investors held Quanex (NX) as of Q4 2013, up from 107 in Q3 2013.
- Funds reported $747M of Quanex stock for Q4 2013, up 0.86% quarter-over-quarter.
- 28 funds opened new Quanex positions in Q4 2013 and 8 closed out, a net change of +20 holders.
- The largest Quanex buyer in Q4 2013 was Odey Asset Management Group, an estimated $11.1M added.
- The largest Quanex seller in Q4 2013 was Gates Capital Management, an estimated $49.9M sold.
Based on aggregated 13F filings for Q4 2013.