Quanex
124 hedge funds and large institutions have $769M invested in Quanex in 2014 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 40 increasing their positions, 51 reducing their positions, and 18 closing their positions.
1,233% more call options, than puts
Call options by funds: $773K | Put options by funds: $58K
3% more capital invested
Capital invested by funds: $747M → $769M (+$23M)
0% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 18
0.83% less ownership
Funds ownership: 100.71% → 99.87% (-0.83%)
2% less funds holding
Funds holding: 126 → 124 (-2)
22% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$15.9M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$10.6M |
| 3 |
JP Morgan Chase
New York
|
+$5.53M |
| 4 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
+$4.35M |
| 5 |
NCM
Newland Capital Management
New York
|
+$2.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$10.3M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$8.26M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.8M |
| 4 |
PIMC
Praesidium Investment Management Company
New York
|
-$4.24M |
| 5 |
Two Sigma Investments
New York
|
-$3.43M |
NX Hedge Fund Activity: Q1 2014 in Review
124 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q1 2014, worth a combined $769M — up 3.1% from $747M a quarter earlier.
Fund positioning in NX was balanced in Q1 2014: 18 funds opened new positions, 18 closed out, 40 added to existing stakes and 51 trimmed.
The largest buyer was SG Capital Management, opening a new position worth an estimated $15.9M. The largest seller was Odey Asset Management Group, cutting an estimated $10.3M.
- 124 institutional investors held Quanex (NX) as of Q1 2014, down from 126 in Q4 2013.
- Funds reported $769M of Quanex stock for Q1 2014, up 3.1% quarter-over-quarter.
- 18 funds opened new Quanex positions in Q1 2014 and 18 closed out, a net change of 0 holders.
- The largest Quanex buyer in Q1 2014 was SG Capital Management, an estimated $15.9M added.
- The largest Quanex seller in Q1 2014 was Odey Asset Management Group, an estimated $10.3M sold.
Based on aggregated 13F filings for Q1 2014.