Quanex
130 hedge funds and large institutions have $694M invested in Quanex in 2016 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 56 increasing their positions, 34 reducing their positions, and 12 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 34
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
20% more capital invested
Capital invested by funds: $577M → $694M (+$117M)
2.19% more ownership
Funds ownership: 97.72% → 99.91% (+2.2%)
2% more funds holding
Funds holding: 128 → 130 (+2)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.75M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.21M |
| 3 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$3.06M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.97M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$2.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$7.68M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$3.46M |
| 3 |
BLA
Balter Liquid Alternatives
Boston,
Massachusetts
|
-$2.32M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.49M |
| 5 |
Renaissance Technologies
New York
|
-$1.44M |
NX Hedge Fund Activity: Q4 2016 in Review
130 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q4 2016, worth a combined $694M — up 20% from $577M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new NX positions and 12 closed out — a net gain of 5 holders — while 56 added to existing stakes and 34 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $3.75M. The largest seller was Chartwell Investment Partners, exiting entirely with an estimated $7.68M sold.
- 130 institutional investors held Quanex (NX) as of Q4 2016, up from 128 in Q3 2016.
- Funds reported $694M of Quanex stock for Q4 2016, up 20% quarter-over-quarter.
- 17 funds opened new Quanex positions in Q4 2016 and 12 closed out, a net change of +5 holders.
- The largest Quanex buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $3.75M added.
- The largest Quanex seller in Q4 2016 was Chartwell Investment Partners, an estimated $7.68M sold.
Based on aggregated 13F filings for Q4 2016.