Quanex
143 hedge funds and large institutions have $556M invested in Quanex in 2016 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 67 increasing their positions, 30 reducing their positions, and 11 closing their positions.
1,440% more call options, than puts
Call options by funds: $2.59M | Put options by funds: $168K
123% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 30
118% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 11
9% more funds holding
Funds holding: 131 → 143 (+12)
0.27% less ownership
Funds ownership: 93.83% → 93.55% (-0.27%)
16% less capital invested
Capital invested by funds: $665M → $556M (-$109M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Silvercrest Asset Management
New York
|
+$17M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$5.19M |
| 3 |
Renaissance Technologies
New York
|
+$5.14M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.65M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$2.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
-$25.7M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$17.5M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$3.51M |
| 4 |
Millennium Management
New York
|
-$3.49M |
| 5 |
Morgan Stanley
New York
|
-$2.21M |
NX Hedge Fund Activity: Q1 2016 in Review
143 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q1 2016, worth a combined $556M — down 16% from $665M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new NX positions and 11 closed out — a net gain of 13 holders — while 67 added to existing stakes and 30 trimmed.
The largest buyer was Silvercrest Asset Management, adding an estimated $17M. The largest seller was Odey Asset Management Group, cutting an estimated $25.7M.
- 143 institutional investors held Quanex (NX) as of Q1 2016, up from 131 in Q4 2015.
- Funds reported $556M of Quanex stock for Q1 2016, down 16% quarter-over-quarter.
- 24 funds opened new Quanex positions in Q1 2016 and 11 closed out, a net change of +13 holders.
- The largest Quanex buyer in Q1 2016 was Silvercrest Asset Management, an estimated $17M added.
- The largest Quanex seller in Q1 2016 was Odey Asset Management Group, an estimated $25.7M sold.
Based on aggregated 13F filings for Q1 2016.