Quanex
188 hedge funds and large institutions have $1.25B invested in Quanex in 2024 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 55 increasing their positions, 79 reducing their positions, and 24 closing their positions.
27% more capital invested
Capital invested by funds: $987M → $1.25B (+$265M)
17% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 24
2% more funds holding
Funds holding: 184 → 188 (+4)
0.71% more ownership
Funds ownership: 97.82% → 98.53% (+0.71%)
30% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 79
39% less call options, than puts
Call options by funds: $23K | Put options by funds: $38K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$11.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.95M |
| 3 |
Cerity Partners
New York
|
+$7.91M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$3.72M |
| 5 |
JP Morgan Chase
New York
|
+$3.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$10.1M |
| 2 |
RA
Royce & Associates
New York
|
-$3.39M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$2.41M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.74M |
| 5 |
Morgan Stanley
New York
|
-$1.67M |
NX Hedge Fund Activity: Q1 2024 in Review
188 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q1 2024, worth a combined $1.25B — up 27% from $987M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new NX positions and 24 closed out — a net gain of 4 holders — while 55 added to existing stakes and 79 trimmed.
The largest buyer was Pacer Advisors, adding an estimated $11.3M. The largest seller was Allspring Global Investments, cutting an estimated $10.1M.
- 188 institutional investors held Quanex (NX) as of Q1 2024, up from 184 in Q4 2023.
- Funds reported $1.25B of Quanex stock for Q1 2024, up 27% quarter-over-quarter.
- 28 funds opened new Quanex positions in Q1 2024 and 24 closed out, a net change of +4 holders.
- The largest Quanex buyer in Q1 2024 was Pacer Advisors, an estimated $11.3M added.
- The largest Quanex seller in Q1 2024 was Allspring Global Investments, an estimated $10.1M sold.
Based on aggregated 13F filings for Q1 2024.