Quanex
128 hedge funds and large institutions have $577M invested in Quanex in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 60 increasing their positions, 37 reducing their positions, and 19 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 37
2.11% more ownership
Funds ownership: 95.62% → 97.72% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less capital invested
Capital invested by funds: $616M → $577M (-$39.3M)
7% less funds holding
Funds holding: 137 → 128 (-9)
47% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Silvercrest Asset Management
New York
|
+$6.46M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$5.31M |
| 3 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$4.55M |
| 4 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$3.79M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$2.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.33M |
| 2 |
ZC
Zelman Capital
Beachwood,
Ohio
|
-$3.94M |
| 3 |
Renaissance Technologies
New York
|
-$2.68M |
| 4 |
CAM
ClariVest Asset Management
San Diego,
California
|
-$2.57M |
| 5 |
Two Sigma Investments
New York
|
-$2.44M |
NX Hedge Fund Activity: Q3 2016 in Review
128 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q3 2016, worth a combined $577M — down 6.4% from $616M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of NX and 10 opened new positions — a net loss of 9 holders — while 37 trimmed existing stakes and 60 added.
The largest buyer was Silvercrest Asset Management, adding an estimated $6.46M. The largest seller was Deutsche Bank, cutting an estimated $4.33M.
- 128 institutional investors held Quanex (NX) as of Q3 2016, down from 137 in Q2 2016.
- Funds reported $577M of Quanex stock for Q3 2016, down 6.4% quarter-over-quarter.
- 10 funds opened new Quanex positions in Q3 2016 and 19 closed out, a net change of -9 holders.
- The largest Quanex buyer in Q3 2016 was Silvercrest Asset Management, an estimated $6.46M added.
- The largest Quanex seller in Q3 2016 was Deutsche Bank, an estimated $4.33M sold.
Based on aggregated 13F filings for Q3 2016.