Quanex
164 hedge funds and large institutions have $596M invested in Quanex in 2022 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 60 increasing their positions, 57 reducing their positions, and 16 closing their positions.
31% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 16
3% more funds holding
Funds holding: 160 → 164 (+4)
1.51% more ownership
Funds ownership: 97.49% → 99% (+1.5%)
5% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 57
19% less capital invested
Capital invested by funds: $739M → $596M (-$143M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$4.55M |
| 2 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$3M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$1.77M |
| 4 |
Morgan Stanley
New York
|
+$1.47M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$2.9M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$2.89M |
| 3 |
D.E. Shaw & Co
New York
|
-$1.95M |
| 4 |
Renaissance Technologies
New York
|
-$1.8M |
| 5 |
EGM
Engineers Gate Manager
New York
|
-$1.59M |
NX Hedge Fund Activity: Q3 2022 in Review
164 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q3 2022, worth a combined $596M — down 19% from $739M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new NX positions and 16 closed out — a net gain of 5 holders — while 60 added to existing stakes and 57 trimmed.
The largest buyer was Millennium Management, adding an estimated $4.55M. The largest seller was BlackRock, cutting an estimated $2.9M.
- 164 institutional investors held Quanex (NX) as of Q3 2022, up from 160 in Q2 2022.
- Funds reported $596M of Quanex stock for Q3 2022, down 19% quarter-over-quarter.
- 21 funds opened new Quanex positions in Q3 2022 and 16 closed out, a net change of +5 holders.
- The largest Quanex buyer in Q3 2022 was Millennium Management, an estimated $4.55M added.
- The largest Quanex seller in Q3 2022 was BlackRock, an estimated $2.9M sold.
Based on aggregated 13F filings for Q3 2022.