Quanex
128 hedge funds and large institutions have $634M invested in Quanex in 2018 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 50 increasing their positions, 31 reducing their positions, and 13 closing their positions.
61% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 31
1.31% more ownership
Funds ownership: 99.53% → 100.84% (+1.3%)
4% more capital invested
Capital invested by funds: $608M → $634M (+$26.6M)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
1% less funds holding
Funds holding: 129 → 128 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$12.5M |
| 2 |
BlackRock
New York
|
+$4.25M |
| 3 |
Morgan Stanley
New York
|
+$3.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.44M |
| 5 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Silvercrest Asset Management
New York
|
-$9.23M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$4.15M |
| 3 |
Renaissance Technologies
New York
|
-$3.57M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.94M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$1.84M |
NX Hedge Fund Activity: Q2 2018 in Review
128 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q2 2018, worth a combined $634M — up 4.4% from $608M a quarter earlier.
Fund positioning in NX was balanced in Q2 2018: 13 funds opened new positions, 13 closed out, 50 added to existing stakes and 31 trimmed.
The largest buyer was Wells Fargo, adding an estimated $12.5M. The largest seller was Silvercrest Asset Management, cutting an estimated $9.23M.
- 128 institutional investors held Quanex (NX) as of Q2 2018, down from 129 in Q1 2018.
- Funds reported $634M of Quanex stock for Q2 2018, up 4.4% quarter-over-quarter.
- 13 funds opened new Quanex positions in Q2 2018 and 13 closed out, a net change of 0 holders.
- The largest Quanex buyer in Q2 2018 was Wells Fargo, an estimated $12.5M added.
- The largest Quanex seller in Q2 2018 was Silvercrest Asset Management, an estimated $9.23M sold.
Based on aggregated 13F filings for Q2 2018.