QuinStreet
QNST
102 hedge funds and large institutions have $119M invested in QuinStreet in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 41 increasing their positions, 27 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
52% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 27
5% more funds holding
Funds holding: 97 → 102 (+5)
19% less capital invested
Capital invested by funds: $147M → $119M (-$27.4M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$7.17M |
| 2 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$5.79M |
| 3 |
NIM
Needham Investment Management
New York
|
+$952K |
| 4 |
Renaissance Technologies
New York
|
+$665K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$640K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Lyon Street Capital
Sausalito,
California
|
-$2.62M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.75M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.29M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$443K |
| 5 |
Morgan Stanley
New York
|
-$388K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $97 | -$6.96K | -1,415 | -6% |
|
|
TC
102
TFS Capital
West Chester,
Pennsylvania
| – | -$258K | -46,898 | Closed |
|
|
ARTA
103
A.R.T. Advisors
New York
| – | -$58K | -10,544 | Closed |
|
|
VFA
104
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$16K | -2,960 | Closed |
|
|
GAM
105
Gemmer Asset Management
Walnut Creek,
California
| – | +$580 | +118 | New |
|
QNST Hedge Fund Activity: Q3 2014 in Review
102 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in QuinStreet (QNST) for Q3 2014, worth a combined $119M — down 19% from $147M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new QNST positions and 3 closed out — a net gain of 5 holders — while 41 added to existing stakes and 27 trimmed.
The largest buyer was Raging Capital Management, opening a new position worth an estimated $7.17M. The largest seller was Lyon Street Capital, cutting an estimated $2.62M.
- 102 institutional investors held QuinStreet (QNST) as of Q3 2014, up from 97 in Q2 2014.
- Funds reported $119M of QuinStreet stock for Q3 2014, down 19% quarter-over-quarter.
- 8 funds opened new QuinStreet positions in Q3 2014 and 3 closed out, a net change of +5 holders.
- The largest QuinStreet buyer in Q3 2014 was Raging Capital Management, an estimated $7.17M added.
- The largest QuinStreet seller in Q3 2014 was Lyon Street Capital, an estimated $2.62M sold.
Based on aggregated 13F filings for Q3 2014.