Quanex
129 hedge funds and large institutions have $608M invested in Quanex in 2018 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 52 increasing their positions, 32 reducing their positions, and 24 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 32
2.24% less ownership
Funds ownership: 101.77% → 99.53% (-2.2%)
7% less funds holding
Funds holding: 139 → 129 (-10)
27% less capital invested
Capital invested by funds: $830M → $608M (-$222M)
33% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 24
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.87M |
| 2 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$4.25M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$3.03M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.47M |
| 5 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$2.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$36M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$5.97M |
| 3 |
Renaissance Technologies
New York
|
-$2.28M |
| 4 |
MOACM
Mutual of America Capital Management
New York
|
-$2.13M |
| 5 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
-$1.98M |
NX Hedge Fund Activity: Q1 2018 in Review
129 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q1 2018, worth a combined $608M — down 27% from $830M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of NX and 16 opened new positions — a net loss of 8 holders — while 32 trimmed existing stakes and 52 added.
The largest buyer was Wells Fargo, adding an estimated $5.87M. The largest seller was Victory Capital Management, exiting entirely with an estimated $36M sold.
- 129 institutional investors held Quanex (NX) as of Q1 2018, down from 139 in Q4 2017.
- Funds reported $608M of Quanex stock for Q1 2018, down 27% quarter-over-quarter.
- 16 funds opened new Quanex positions in Q1 2018 and 24 closed out, a net change of -8 holders.
- The largest Quanex buyer in Q1 2018 was Wells Fargo, an estimated $5.87M added.
- The largest Quanex seller in Q1 2018 was Victory Capital Management, an estimated $36M sold.
Based on aggregated 13F filings for Q1 2018.