Quanex
195 hedge funds and large institutions have $926M invested in Quanex in 2024 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 72 increasing their positions, 59 reducing their positions, and 27 closing their positions.
33% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 27
22% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 59
4% more funds holding
Funds holding: 188 → 195 (+7)
2.56% more ownership
Funds ownership: 98.53% → 101.09% (+2.6%)
26% less capital invested
Capital invested by funds: $1.25B → $926M (-$326M)
50% less call options, than puts
Call options by funds: $3K | Put options by funds: $6K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$12.3M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$7.5M |
| 3 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$5.46M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$3.81M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$3.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
-$9.11M |
| 2 |
Morgan Stanley
New York
|
-$4.83M |
| 3 |
BlackRock
New York
|
-$2.58M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$2.08M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$2M |
NX Hedge Fund Activity: Q2 2024 in Review
195 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q2 2024, worth a combined $926M — down 26% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new NX positions and 27 closed out — a net gain of 9 holders — while 72 added to existing stakes and 59 trimmed.
The largest buyer was Invesco, adding an estimated $12.3M. The largest seller was Cerity Partners, exiting entirely with an estimated $9.11M sold.
- 195 institutional investors held Quanex (NX) as of Q2 2024, up from 188 in Q1 2024.
- Funds reported $926M of Quanex stock for Q2 2024, down 26% quarter-over-quarter.
- 36 funds opened new Quanex positions in Q2 2024 and 27 closed out, a net change of +9 holders.
- The largest Quanex buyer in Q2 2024 was Invesco, an estimated $12.3M added.
- The largest Quanex seller in Q2 2024 was Cerity Partners, an estimated $9.11M sold.
Based on aggregated 13F filings for Q2 2024.