Quanex
134 hedge funds and large institutions have $670M invested in Quanex in 2015 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 36 increasing their positions, 46 reducing their positions, and 6 closing their positions.
580% more call options, than puts
Call options by funds: $1.75M | Put options by funds: $257K
450% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 6
25% more funds holding
Funds holding: 107 → 134 (+27)
6% more capital invested
Capital invested by funds: $631M → $670M (+$39.4M)
2.03% less ownership
Funds ownership: 94.4% → 92.37% (-2%)
22% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 46
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIMC
Praesidium Investment Management Company
New York
|
+$4.84M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$4.14M |
| 3 |
Renaissance Technologies
New York
|
+$3.68M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$3.54M |
| 5 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$3.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$20.2M |
| 2 |
RA
Royce & Associates
New York
|
-$10.1M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$6.28M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$3.77M |
| 5 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$2M |
NX Hedge Fund Activity: Q2 2015 in Review
134 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q2 2015, worth a combined $670M — up 6.2% from $631M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new NX positions and 6 closed out — a net gain of 27 holders — while 36 added to existing stakes and 46 trimmed.
The largest buyer was Praesidium Investment Management Company, adding an estimated $4.84M. The largest seller was Raging Capital Management, exiting entirely with an estimated $20.2M sold.
- 134 institutional investors held Quanex (NX) as of Q2 2015, up from 107 in Q1 2015.
- Funds reported $670M of Quanex stock for Q2 2015, up 6.2% quarter-over-quarter.
- 33 funds opened new Quanex positions in Q2 2015 and 6 closed out, a net change of +27 holders.
- The largest Quanex buyer in Q2 2015 was Praesidium Investment Management Company, an estimated $4.84M added.
- The largest Quanex seller in Q2 2015 was Raging Capital Management, an estimated $20.2M sold.
Based on aggregated 13F filings for Q2 2015.