Quanex
159 hedge funds and large institutions have $883M invested in Quanex in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 43 increasing their positions, 68 reducing their positions, and 22 closing their positions.
24% more capital invested
Capital invested by funds: $712M → $883M (+$172M)
0.24% less ownership
Funds ownership: 100.11% → 99.87% (-0.24%)
3% less funds holding
Funds holding: 164 → 159 (-5)
17% less call options, than puts
Call options by funds: $24K | Put options by funds: $29K
18% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 22
37% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$4.06M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$2.06M |
| 3 |
Goldman Sachs
New York
|
+$2.03M |
| 4 |
First Eagle Investment Management
New York
|
+$1.83M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.39M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$2.62M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$1.87M |
| 4 |
BlackRock
New York
|
-$1.59M |
| 5 |
MVP
Medina Value Partners
Los Angeles,
California
|
-$1.58M |
NX Hedge Fund Activity: Q2 2023 in Review
159 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q2 2023, worth a combined $883M — up 24% from $712M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of NX and 18 opened new positions — a net loss of 4 holders — while 68 trimmed existing stakes and 43 added.
The largest buyer was Empowered Funds, opening a new position worth an estimated $4.06M. The largest seller was Envestnet Asset Management, cutting an estimated $5.39M.
- 159 institutional investors held Quanex (NX) as of Q2 2023, down from 164 in Q1 2023.
- Funds reported $883M of Quanex stock for Q2 2023, up 24% quarter-over-quarter.
- 18 funds opened new Quanex positions in Q2 2023 and 22 closed out, a net change of -4 holders.
- The largest Quanex buyer in Q2 2023 was Empowered Funds, an estimated $4.06M added.
- The largest Quanex seller in Q2 2023 was Envestnet Asset Management, an estimated $5.39M sold.
Based on aggregated 13F filings for Q2 2023.