Quanex
141 hedge funds and large institutions have $447M invested in Quanex in 2020 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 53 increasing their positions, 49 reducing their positions, and 21 closing their positions.
38% more capital invested
Capital invested by funds: $323M → $447M (+$124M)
8% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 49
0.98% more ownership
Funds ownership: 97.34% → 98.32% (+0.98%)
4% less funds holding
Funds holding: 147 → 141 (-6)
29% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$3.37M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.99M |
| 3 |
Millennium Management
New York
|
+$2.62M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$2.62M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.78M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.29M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$1.93M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$1.79M |
| 5 |
Goldman Sachs
New York
|
-$1.75M |
NX Hedge Fund Activity: Q2 2020 in Review
141 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q2 2020, worth a combined $447M — up 38% from $323M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of NX and 15 opened new positions — a net loss of 6 holders — while 49 trimmed existing stakes and 53 added.
The largest buyer was Segall Bryant & Hamill, adding an estimated $3.37M. The largest seller was Assenagon Asset Management, cutting an estimated $2.78M.
- 141 institutional investors held Quanex (NX) as of Q2 2020, down from 147 in Q1 2020.
- Funds reported $447M of Quanex stock for Q2 2020, up 38% quarter-over-quarter.
- 15 funds opened new Quanex positions in Q2 2020 and 21 closed out, a net change of -6 holders.
- The largest Quanex buyer in Q2 2020 was Segall Bryant & Hamill, an estimated $3.37M added.
- The largest Quanex seller in Q2 2020 was Assenagon Asset Management, an estimated $2.78M sold.
Based on aggregated 13F filings for Q2 2020.