Quanex
123 hedge funds and large institutions have $701M invested in Quanex in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 55 increasing their positions, 39 reducing their positions, and 9 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 39
1% more capital invested
Capital invested by funds: $694M → $701M (+$7.38M)
0.63% more ownership
Funds ownership: 99.91% → 100.54% (+0.63%)
5% less funds holding
Funds holding: 130 → 123 (-7)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$93.1M |
| 2 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$4.28M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.15M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$3.08M |
| 5 |
TAM
Third Avenue Management
New York
|
+$2.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Silvercrest Asset Management
New York
|
-$11.8M |
| 2 |
GIG
Goodnow Investment Group
Darien,
Connecticut
|
-$1.7M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.43M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$1.19M |
| 5 |
Morgan Stanley
New York
|
-$1.08M |
NX Hedge Fund Activity: Q1 2017 in Review
123 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q1 2017, worth a combined $701M — up 1.1% from $694M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of NX and 8 opened new positions — a net loss of 1 holder — while 39 trimmed existing stakes and 55 added.
The largest buyer was BlackRock, adding an estimated $93.1M. The largest seller was Silvercrest Asset Management, cutting an estimated $11.8M.
- 123 institutional investors held Quanex (NX) as of Q1 2017, down from 130 in Q4 2016.
- Funds reported $701M of Quanex stock for Q1 2017, up 1.1% quarter-over-quarter.
- 8 funds opened new Quanex positions in Q1 2017 and 9 closed out, a net change of -1 holder.
- The largest Quanex buyer in Q1 2017 was BlackRock, an estimated $93.1M added.
- The largest Quanex seller in Q1 2017 was Silvercrest Asset Management, an estimated $11.8M sold.
Based on aggregated 13F filings for Q1 2017.