Quanex
144 hedge funds and large institutions have $455M invested in Quanex in 2018 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 57 increasing their positions, 35 reducing their positions, and 14 closing their positions.
121% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 14
63% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 35
13% more funds holding
Funds holding: 128 → 144 (+16)
0.75% less ownership
Funds ownership: 100.56% → 99.81% (-0.75%)
29% less capital invested
Capital invested by funds: $643M → $455M (-$189M)
63% less call options, than puts
Call options by funds: $154K | Put options by funds: $419K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$6.8M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$4.45M |
| 3 |
MWNA
Marshall Wace North America
New York
|
+$3.44M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.94M |
| 5 |
D.E. Shaw & Co
New York
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIMC
Praesidium Investment Management Company
New York
|
-$49.6M |
| 2 |
WG
Winton Group
London,
United Kingdom
|
-$4.75M |
| 3 |
Morgan Stanley
New York
|
-$2.65M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$2.37M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$2.26M |
NX Hedge Fund Activity: Q4 2018 in Review
144 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q4 2018, worth a combined $455M — down 29% from $643M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new NX positions and 14 closed out — a net gain of 17 holders — while 57 added to existing stakes and 35 trimmed.
The largest buyer was Segall Bryant & Hamill, adding an estimated $6.8M. The largest seller was Praesidium Investment Management Company, cutting an estimated $49.6M.
- 144 institutional investors held Quanex (NX) as of Q4 2018, up from 128 in Q3 2018.
- Funds reported $455M of Quanex stock for Q4 2018, down 29% quarter-over-quarter.
- 31 funds opened new Quanex positions in Q4 2018 and 14 closed out, a net change of +17 holders.
- The largest Quanex buyer in Q4 2018 was Segall Bryant & Hamill, an estimated $6.8M added.
- The largest Quanex seller in Q4 2018 was Praesidium Investment Management Company, an estimated $49.6M sold.
Based on aggregated 13F filings for Q4 2018.