Quanex
210 hedge funds and large institutions have $1.13B invested in Quanex in 2024 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 113 increasing their positions, 36 reducing their positions, and 28 closing their positions.
214% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 36
54% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 28
22% more capital invested
Capital invested by funds: $926M → $1.13B (+$200M)
8% more funds holding
Funds holding: 195 → 210 (+15)
15.23% less ownership
Funds ownership: 101.09% → 85.85% (-15%)
50% less call options, than puts
Call options by funds: $11K | Put options by funds: $22K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$59.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$43M |
| 3 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$15.7M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$10.3M |
| 5 |
State Street
Boston,
Massachusetts
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$35.8M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$10.6M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$6.59M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$2.63M |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$1.69M |
NX Hedge Fund Activity: Q3 2024 in Review
210 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Quanex (NX) for Q3 2024, worth a combined $1.13B — up 22% from $926M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new NX positions and 28 closed out — a net gain of 15 holders — while 113 added to existing stakes and 36 trimmed.
The largest buyer was BlackRock, adding an estimated $59.1M. The largest seller was Pacer Advisors, exiting entirely with an estimated $35.8M sold.
- 210 institutional investors held Quanex (NX) as of Q3 2024, up from 195 in Q2 2024.
- Funds reported $1.13B of Quanex stock for Q3 2024, up 22% quarter-over-quarter.
- 43 funds opened new Quanex positions in Q3 2024 and 28 closed out, a net change of +15 holders.
- The largest Quanex buyer in Q3 2024 was BlackRock, an estimated $59.1M added.
- The largest Quanex seller in Q3 2024 was Pacer Advisors, an estimated $35.8M sold.
Based on aggregated 13F filings for Q3 2024.