Quanex
178 hedge funds and large institutions have $913M invested in Quanex in 2023 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 49 increasing their positions, 72 reducing their positions, and 9 closing their positions.
222% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 9
15% more call options, than puts
Call options by funds: $45K | Put options by funds: $39K
12% more funds holding
Funds holding: 159 → 178 (+19)
3% more capital invested
Capital invested by funds: $883M → $913M (+$30M)
1.61% less ownership
Funds ownership: 99.87% → 98.25% (-1.6%)
32% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$4.48M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$2.03M |
| 3 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$1.34M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$1.32M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$5.22M |
| 2 |
BlackRock
New York
|
-$4.72M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$3.55M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$2.92M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.29M |
NX Hedge Fund Activity: Q3 2023 in Review
178 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q3 2023, worth a combined $913M — up 3.4% from $883M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new NX positions and 9 closed out — a net gain of 20 holders — while 49 added to existing stakes and 72 trimmed.
The largest buyer was Pacer Advisors, adding an estimated $4.48M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $5.22M sold.
- 178 institutional investors held Quanex (NX) as of Q3 2023, up from 159 in Q2 2023.
- Funds reported $913M of Quanex stock for Q3 2023, up 3.4% quarter-over-quarter.
- 29 funds opened new Quanex positions in Q3 2023 and 9 closed out, a net change of +20 holders.
- The largest Quanex buyer in Q3 2023 was Pacer Advisors, an estimated $4.48M added.
- The largest Quanex seller in Q3 2023 was DePrince Race & Zollo Inc (DRZ), an estimated $5.22M sold.
Based on aggregated 13F filings for Q3 2023.