Quanex
127 hedge funds and large institutions have $635M invested in Quanex in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 49 increasing their positions, 40 reducing their positions, and 12 closing their positions.
885% more call options, than puts
Call options by funds: $936K | Put options by funds: $95K
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
23% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 40
2% more funds holding
Funds holding: 124 → 127 (+3)
5.17% less ownership
Funds ownership: 99.87% → 94.7% (-5.2%)
17% less capital invested
Capital invested by funds: $769M → $635M (-$135M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
+$11.8M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$10.2M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$6.38M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$5.51M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$40.7M |
| 2 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$16.7M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$10.1M |
| 4 |
BCM
Breithorn Capital Management
New York
|
-$4.31M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$4.06M |
NX Hedge Fund Activity: Q2 2014 in Review
127 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q2 2014, worth a combined $635M — down 17% from $769M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NX positions and 12 closed out — a net gain of 3 holders — while 49 added to existing stakes and 40 trimmed.
The largest buyer was Odey Asset Management Group, adding an estimated $11.8M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $40.7M sold.
- 127 institutional investors held Quanex (NX) as of Q2 2014, up from 124 in Q1 2014.
- Funds reported $635M of Quanex stock for Q2 2014, down 17% quarter-over-quarter.
- 15 funds opened new Quanex positions in Q2 2014 and 12 closed out, a net change of +3 holders.
- The largest Quanex buyer in Q2 2014 was Odey Asset Management Group, an estimated $11.8M added.
- The largest Quanex seller in Q2 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $40.7M sold.
Based on aggregated 13F filings for Q2 2014.