QuinStreet
QNST
97 hedge funds and large institutions have $230M invested in QuinStreet in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 44 increasing their positions, 27 reducing their positions, and 13 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 27
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
3% less capital invested
Capital invested by funds: $237M → $230M (-$7.05M)
3% less funds holding
Funds holding: 100 → 97 (-3)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$6.94M |
| 2 |
SG
StepStone Group
La Jolla,
California
|
+$2.39M |
| 3 |
RA
Royce & Associates
New York
|
+$2.18M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.12M |
| 5 |
Renaissance Technologies
New York
|
+$870K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Leonard Capital Management
Vero Beach,
Florida
|
-$2.34M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$2.19M |
| 3 |
JP Morgan Chase
New York
|
-$1.84M |
| 4 |
NIM
Needham Investment Management
New York
|
-$1.81M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$981K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Nomura Holdings
Tokyo,
Japan
| – | -$254K | -26,911 | Closed |
|
102
ProShare Advisors
Bethesda,
Maryland
| – | -$194K | -20,526 | Closed |
|
103
Los Angeles Capital Management
Los Angeles,
California
| – | -$145K | -15,379 | Closed |
|
|
TC
104
TFS Capital
West Chester,
Pennsylvania
| – | -$119K | -12,656 | Closed |
|
105
AQR Capital Management
Greenwich,
Connecticut
| – | -$119K | -12,600 | Closed |
|
|
NCCM
106
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$96K | -10,200 | Closed |
|
|
PCM
107
Prelude Capital Management
New York
| – | -$30K | -3,200 | Closed |
|
|
BJ
108
BlackRock Japan
Tokyo,
Japan
| – | -$20K | -2,086 | Closed |
|
109
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$14K | -1,499 | Closed |
|
110
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$5K | -529 | Closed |
|
QNST Hedge Fund Activity: Q4 2013 in Review
97 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in QuinStreet (QNST) for Q4 2013, worth a combined $230M — down 3% from $237M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of QNST and 10 opened new positions — a net loss of 3 holders — while 27 trimmed existing stakes and 44 added.
The largest buyer was Private Capital Management (Florida), adding an estimated $6.94M. The largest seller was Leonard Capital Management, exiting entirely with an estimated $2.34M sold.
- 97 institutional investors held QuinStreet (QNST) as of Q4 2013, down from 100 in Q3 2013.
- Funds reported $230M of QuinStreet stock for Q4 2013, down 3% quarter-over-quarter.
- 10 funds opened new QuinStreet positions in Q4 2013 and 13 closed out, a net change of -3 holders.
- The largest QuinStreet buyer in Q4 2013 was Private Capital Management (Florida), an estimated $6.94M added.
- The largest QuinStreet seller in Q4 2013 was Leonard Capital Management, an estimated $2.34M sold.
Based on aggregated 13F filings for Q4 2013.