QuinStreet
QNST
166 hedge funds and large institutions have $624M invested in QuinStreet in 2019 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 76 increasing their positions, 45 reducing their positions, and 35 closing their positions.
252% more call options, than puts
Call options by funds: $17.9M | Put options by funds: $5.09M
69% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 45
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
2.03% less ownership
Funds ownership: 99.25% → 97.22% (-2%)
8% less funds holding
Funds holding: 180 → 166 (-14)
21% less capital invested
Capital invested by funds: $789M → $624M (-$165M)
37% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$27.5M |
| 2 |
CC
Chicago Capital
Chicago,
Illinois
|
+$24M |
| 3 |
BlackRock
New York
|
+$6.88M |
| 4 |
SAM
Silvercrest Asset Management
New York
|
+$6.06M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$3.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$14.4M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
-$13.6M |
| 3 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$11.4M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$9.59M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$8.43M |
QNST Hedge Fund Activity: Q3 2019 in Review
166 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in QuinStreet (QNST) for Q3 2019, worth a combined $624M — down 21% from $789M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of QNST and 22 opened new positions — a net loss of 13 holders — while 45 trimmed existing stakes and 76 added.
The largest buyer was Rubric Capital Management (New York), opening a new position worth an estimated $27.5M. The largest seller was Driehaus Capital Management, exiting entirely with an estimated $14.4M sold.
- 166 institutional investors held QuinStreet (QNST) as of Q3 2019, down from 180 in Q2 2019.
- Funds reported $624M of QuinStreet stock for Q3 2019, down 21% quarter-over-quarter.
- 22 funds opened new QuinStreet positions in Q3 2019 and 35 closed out, a net change of -13 holders.
- The largest QuinStreet buyer in Q3 2019 was Rubric Capital Management (New York), an estimated $27.5M added.
- The largest QuinStreet seller in Q3 2019 was Driehaus Capital Management, an estimated $14.4M sold.
Based on aggregated 13F filings for Q3 2019.