Quanex
151 hedge funds and large institutions have $602M invested in Quanex in 2020 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 47 increasing their positions, 57 reducing their positions, and 12 closing their positions.
92% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 12
34% more capital invested
Capital invested by funds: $447M → $602M (+$154M)
7% more funds holding
Funds holding: 141 → 151 (+10)
0.94% more ownership
Funds ownership: 98.32% → 99.26% (+0.94%)
18% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$6.66M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$4.09M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$3.27M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$3.08M |
| 5 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$2.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.05M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$2.65M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$2.53M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.32M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$1.84M |
NX Hedge Fund Activity: Q3 2020 in Review
151 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q3 2020, worth a combined $602M — up 34% from $447M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new NX positions and 12 closed out — a net gain of 11 holders — while 47 added to existing stakes and 57 trimmed.
The largest buyer was Segall Bryant & Hamill, adding an estimated $6.66M. The largest seller was Millennium Management, exiting entirely with an estimated $3.05M sold.
- 151 institutional investors held Quanex (NX) as of Q3 2020, up from 141 in Q2 2020.
- Funds reported $602M of Quanex stock for Q3 2020, up 34% quarter-over-quarter.
- 23 funds opened new Quanex positions in Q3 2020 and 12 closed out, a net change of +11 holders.
- The largest Quanex buyer in Q3 2020 was Segall Bryant & Hamill, an estimated $6.66M added.
- The largest Quanex seller in Q3 2020 was Millennium Management, an estimated $3.05M sold.
Based on aggregated 13F filings for Q3 2020.