Quanex
131 hedge funds and large institutions have $816M invested in Quanex in 2017 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 47 increasing their positions, 43 reducing their positions, and 3 closing their positions.
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
11% more capital invested
Capital invested by funds: $738M → $816M (+$78.2M)
7% more funds holding
Funds holding: 122 → 131 (+9)
1.1% more ownership
Funds ownership: 101.28% → 102.38% (+1.1%)
9% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 43
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$3.05M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$2.61M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.47M |
| 4 |
SAM
Silvercrest Asset Management
New York
|
+$2.34M |
| 5 |
Morgan Stanley
New York
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
-$2.61M |
| 2 |
RA
Royce & Associates
New York
|
-$1.36M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$1.06M |
| 4 |
D.E. Shaw & Co
New York
|
-$651K |
| 5 |
Bank of New York Mellon
New York
|
-$634K |
NX Hedge Fund Activity: Q3 2017 in Review
131 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q3 2017, worth a combined $816M — up 11% from $738M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new NX positions and 3 closed out — a net gain of 10 holders — while 47 added to existing stakes and 43 trimmed.
The largest buyer was Cooke & Bieler, adding an estimated $3.05M. The largest seller was Investment Counselors of Maryland, cutting an estimated $2.61M.
- 131 institutional investors held Quanex (NX) as of Q3 2017, up from 122 in Q2 2017.
- Funds reported $816M of Quanex stock for Q3 2017, up 11% quarter-over-quarter.
- 13 funds opened new Quanex positions in Q3 2017 and 3 closed out, a net change of +10 holders.
- The largest Quanex buyer in Q3 2017 was Cooke & Bieler, an estimated $3.05M added.
- The largest Quanex seller in Q3 2017 was Investment Counselors of Maryland, an estimated $2.61M sold.
Based on aggregated 13F filings for Q3 2017.