Quanex
135 hedge funds and large institutions have $577M invested in Quanex in 2015 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 49 increasing their positions, 48 reducing their positions, and 17 closing their positions.
1.24% more ownership
Funds ownership: 92.37% → 93.61% (+1.2%)
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
2% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 48
1% more funds holding
Funds holding: 134 → 135 (+1)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
14% less capital invested
Capital invested by funds: $670M → $577M (-$93.6M)
73% less call options, than puts
Call options by funds: $202K | Put options by funds: $754K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$10.5M |
| 2 |
PIMC
Praesidium Investment Management Company
New York
|
+$8.07M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$7.65M |
| 4 |
Renaissance Technologies
New York
|
+$5.11M |
| 5 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$4.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$16.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$8.86M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$4.26M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$2.6M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$2.35M |
NX Hedge Fund Activity: Q3 2015 in Review
135 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q3 2015, worth a combined $577M — down 14% from $670M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NX positions and 17 closed out — a net gain of 1 holder — while 49 added to existing stakes and 48 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $10.5M. The largest seller was Odey Asset Management Group, cutting an estimated $16.2M.
- 135 institutional investors held Quanex (NX) as of Q3 2015, up from 134 in Q2 2015.
- Funds reported $577M of Quanex stock for Q3 2015, down 14% quarter-over-quarter.
- 18 funds opened new Quanex positions in Q3 2015 and 17 closed out, a net change of +1 holder.
- The largest Quanex buyer in Q3 2015 was T. Rowe Price Associates, an estimated $10.5M added.
- The largest Quanex seller in Q3 2015 was Odey Asset Management Group, an estimated $16.2M sold.
Based on aggregated 13F filings for Q3 2015.