Quanex
164 hedge funds and large institutions have $804M invested in Quanex in 2021 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 60 increasing their positions, 62 reducing their positions, and 14 closing their positions.
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
1% more funds holding
Funds holding: 163 → 164 (+1)
3% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 62
1.59% less ownership
Funds ownership: 97.95% → 96.36% (-1.6%)
7% less capital invested
Capital invested by funds: $865M → $804M (-$60.8M)
10% less call options, than puts
Call options by funds: $601K | Put options by funds: $670K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.78M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$4.97M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$3.62M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.61M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$10.7M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$8.29M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$6.35M |
| 4 |
Renaissance Technologies
New York
|
-$4.39M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.08M |
NX Hedge Fund Activity: Q2 2021 in Review
164 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q2 2021, worth a combined $804M — down 7% from $865M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new NX positions and 14 closed out — a net gain of 1 holder — while 60 added to existing stakes and 62 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.78M. The largest seller was Assenagon Asset Management, exiting entirely with an estimated $10.7M sold.
- 164 institutional investors held Quanex (NX) as of Q2 2021, up from 163 in Q1 2021.
- Funds reported $804M of Quanex stock for Q2 2021, down 7% quarter-over-quarter.
- 15 funds opened new Quanex positions in Q2 2021 and 14 closed out, a net change of +1 holder.
- The largest Quanex buyer in Q2 2021 was Wells Fargo, an estimated $5.78M added.
- The largest Quanex seller in Q2 2021 was Assenagon Asset Management, an estimated $10.7M sold.
Based on aggregated 13F filings for Q2 2021.