Quanex
147 hedge funds and large institutions have $323M invested in Quanex in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 54 increasing their positions, 48 reducing their positions, and 43 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 48
0.25% more ownership
Funds ownership: 97.09% → 97.34% (+0.25%)
16% less funds holding
Funds holding: 175 → 147 (-28)
41% less capital invested
Capital invested by funds: $548M → $323M (-$225M)
58% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 43
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $3K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$11.7M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$11.2M |
| 3 |
Renaissance Technologies
New York
|
+$6.05M |
| 4 |
JP Morgan Chase
New York
|
+$4.33M |
| 5 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$3.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$16M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$6.73M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$4.6M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$4.02M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.24M |
NX Hedge Fund Activity: Q1 2020 in Review
147 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q1 2020, worth a combined $323M — down 41% from $548M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of NX and 18 opened new positions — a net loss of 25 holders — while 48 trimmed existing stakes and 54 added.
The largest buyer was Wells Fargo, adding an estimated $11.7M. The largest seller was T. Rowe Price Associates, exiting entirely with an estimated $16M sold.
- 147 institutional investors held Quanex (NX) as of Q1 2020, down from 175 in Q4 2019.
- Funds reported $323M of Quanex stock for Q1 2020, down 41% quarter-over-quarter.
- 18 funds opened new Quanex positions in Q1 2020 and 43 closed out, a net change of -25 holders.
- The largest Quanex buyer in Q1 2020 was Wells Fargo, an estimated $11.7M added.
- The largest Quanex seller in Q1 2020 was T. Rowe Price Associates, an estimated $16M sold.
Based on aggregated 13F filings for Q1 2020.