QuinStreet
QNST
100 hedge funds and large institutions have $176M invested in QuinStreet in 2014 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 33 increasing their positions, 43 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
3% more funds holding
Funds holding: 97 → 100 (+3)
23% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 43
24% less capital invested
Capital invested by funds: $230M → $176M (-$54.1M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$6.1M |
| 2 |
RA
Royce & Associates
New York
|
+$4.97M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$832K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$644K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$437K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$4.04M |
| 2 |
Coatue Management
New York
|
-$3.56M |
| 3 |
JP Morgan Chase
New York
|
-$2.73M |
| 4 |
STC
SEI Trust Company
Oaks,
Pennsylvania
|
-$1.28M |
| 5 |
Two Sigma Investments
New York
|
-$643K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
101
Portolan Capital Management
Boston,
Massachusetts
| – | -$456K | -52,445 | Closed |
|
102
Acadian Asset Management
Boston,
Massachusetts
| – | -$366K | -42,119 | Closed |
|
|
TAM
103
Telluride Asset Management
Wayzata,
Minnesota
| – | -$180K | -20,733 | Closed |
|
|
PA
104
Profund Advisors
Bethesda,
Maryland
| – | -$132K | -15,229 | Closed |
|
|
QI
105
Quotient Investors
New York
| – | -$99K | -11,400 | Closed |
|
106
KBC Group
Brussels,
Belgium
| – | -$26K | -3,044 | Closed |
|
|
TRCT
107
Tower Research Capital (TRC)
New York
| – | -$11.2K | -1,510 | -99% |
|
108
Schroder Investment Management Group
London,
United Kingdom
| – | -$5.74K | -660 | Closed |
|
109
BNP Paribas Financial Markets
Paris,
France
| – | -$3.52K | -405 | Closed |
|
QNST Hedge Fund Activity: Q1 2014 in Review
100 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in QuinStreet (QNST) for Q1 2014, worth a combined $176M — down 24% from $230M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new QNST positions and 9 closed out — a net gain of 3 holders — while 33 added to existing stakes and 43 trimmed.
The largest buyer was Private Capital Management (Florida), adding an estimated $6.1M. The largest seller was Frontier Capital Management, cutting an estimated $4.04M.
- 100 institutional investors held QuinStreet (QNST) as of Q1 2014, up from 97 in Q4 2013.
- Funds reported $176M of QuinStreet stock for Q1 2014, down 24% quarter-over-quarter.
- 12 funds opened new QuinStreet positions in Q1 2014 and 9 closed out, a net change of +3 holders.
- The largest QuinStreet buyer in Q1 2014 was Private Capital Management (Florida), an estimated $6.1M added.
- The largest QuinStreet seller in Q1 2014 was Frontier Capital Management, an estimated $4.04M sold.
Based on aggregated 13F filings for Q1 2014.