Quanex
148 hedge funds and large institutions have $653M invested in Quanex in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 47 increasing their positions, 56 reducing their positions, and 17 closing their positions.
25% more capital invested
Capital invested by funds: $524M → $653M (+$130M)
1.7% more ownership
Funds ownership: 98.91% → 100.61% (+1.7%)
6% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 17
3% less funds holding
Funds holding: 153 → 148 (-5)
16% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 56
79% less call options, than puts
Call options by funds: $201K | Put options by funds: $953K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.65M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$4.38M |
| 3 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$3.35M |
| 4 |
MSL
Mackay Shields LLC
New York
|
+$2.77M |
| 5 |
CCPM
Cooper Creek Partners Management
New York
|
+$2.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$3.41M |
| 2 |
MWNA
Marshall Wace North America
New York
|
-$2.58M |
| 3 |
RA
Royce & Associates
New York
|
-$2.11M |
| 4 |
D.E. Shaw & Co
New York
|
-$2.04M |
| 5 |
BlackRock
New York
|
-$1.4M |
NX Hedge Fund Activity: Q2 2019 in Review
148 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q2 2019, worth a combined $653M — up 25% from $524M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of NX and 16 opened new positions — a net loss of 1 holder — while 56 trimmed existing stakes and 47 added.
The largest buyer was Morgan Stanley, adding an estimated $5.65M. The largest seller was Cooke & Bieler, cutting an estimated $3.41M.
- 148 institutional investors held Quanex (NX) as of Q2 2019, down from 153 in Q1 2019.
- Funds reported $653M of Quanex stock for Q2 2019, up 25% quarter-over-quarter.
- 16 funds opened new Quanex positions in Q2 2019 and 17 closed out, a net change of -1 holder.
- The largest Quanex buyer in Q2 2019 was Morgan Stanley, an estimated $5.65M added.
- The largest Quanex seller in Q2 2019 was Cooke & Bieler, an estimated $3.41M sold.
Based on aggregated 13F filings for Q2 2019.