Quanex
153 hedge funds and large institutions have $524M invested in Quanex in 2019 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 48 increasing their positions, 54 reducing their positions, and 16 closing their positions.
56% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 16
15% more capital invested
Capital invested by funds: $455M → $524M (+$68.9M)
6% more funds holding
Funds holding: 144 → 153 (+9)
0.9% less ownership
Funds ownership: 99.81% → 98.91% (-0.9%)
11% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 54
99% less call options, than puts
Call options by funds: $4K | Put options by funds: $609K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$4.27M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$3.54M |
| 3 |
TA
Teachers Advisors
New York
|
+$2.87M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.16M |
| 5 |
Renaissance Technologies
New York
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$6.47M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$4.84M |
| 3 |
Millennium Management
New York
|
-$4.29M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.86M |
| 5 |
BlackRock
New York
|
-$3.82M |
NX Hedge Fund Activity: Q1 2019 in Review
153 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q1 2019, worth a combined $524M — up 15% from $455M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new NX positions and 16 closed out — a net gain of 9 holders — while 48 added to existing stakes and 54 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $4.27M. The largest seller was Cooke & Bieler, cutting an estimated $6.47M.
- 153 institutional investors held Quanex (NX) as of Q1 2019, up from 144 in Q4 2018.
- Funds reported $524M of Quanex stock for Q1 2019, up 15% quarter-over-quarter.
- 25 funds opened new Quanex positions in Q1 2019 and 16 closed out, a net change of +9 holders.
- The largest Quanex buyer in Q1 2019 was D.E. Shaw & Co, an estimated $4.27M added.
- The largest Quanex seller in Q1 2019 was Cooke & Bieler, an estimated $6.47M sold.
Based on aggregated 13F filings for Q1 2019.