QuinStreet
QNST
95 hedge funds and large institutions have $165M invested in QuinStreet in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 29 reducing their positions, and 16 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
39% more capital invested
Capital invested by funds: $119M → $165M (+$46M)
21% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 29
7% less funds holding
Funds holding: 102 → 95 (-7)
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$6.45M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.11M |
| 3 |
PCMF
Private Capital Management (Florida)
Naples,
Florida
|
+$947K |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$425K |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$392K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
-$6.05M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$4.06M |
| 3 |
NIM
Needham Investment Management
New York
|
-$1.75M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.1M |
| 5 |
LSC
Lyon Street Capital
Sausalito,
California
|
-$976K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
SG Americas Securities
New York
| – | -$155K | -37,419 | Closed |
|
102
Swiss National Bank
Zurich,
Switzerland
| – | -$134K | -32,300 | Closed |
|
|
MC
103
Menta Capital
San Francisco,
California
| – | -$79K | -19,100 | Closed |
|
104
ProShare Advisors
Bethesda,
Maryland
| – | -$60K | -14,500 | Closed |
|
|
SCA
105
Secor Capital Advisors
New York
| – | -$54K | -13,117 | Closed |
|
|
GMIM
106
General Motors Investment Management
New York
| – | -$52K | -12,618 | Closed |
|
|
AL
107
Airain Ltd
St. Peter Port,
Guernsey
| – | -$46K | -11,164 | Closed |
|
108
UBS AM
Chicago,
Illinois
| – | -$43K | -10,300 | Closed |
|
|
TRCT
109
Tower Research Capital (TRC)
New York
| – | -$28K | -6,785 | Closed |
|
110
BNP Paribas Financial Markets
Paris,
France
| – | -$9.02K | -2,173 | Closed |
|
111
Teacher Retirement System of Texas
Austin,
Texas
| – | -$5K | -1,170 | Closed |
|
QNST Hedge Fund Activity: Q4 2014 in Review
95 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in QuinStreet (QNST) for Q4 2014, worth a combined $165M — up 39% from $119M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of QNST and 11 opened new positions — a net loss of 5 holders — while 29 trimmed existing stakes and 35 added.
The largest buyer was Royce & Associates, adding an estimated $6.45M. The largest seller was Raging Capital Management, exiting entirely with an estimated $6.05M sold.
- 95 institutional investors held QuinStreet (QNST) as of Q4 2014, down from 102 in Q3 2014.
- Funds reported $165M of QuinStreet stock for Q4 2014, up 39% quarter-over-quarter.
- 11 funds opened new QuinStreet positions in Q4 2014 and 16 closed out, a net change of -5 holders.
- The largest QuinStreet buyer in Q4 2014 was Royce & Associates, an estimated $6.45M added.
- The largest QuinStreet seller in Q4 2014 was Raging Capital Management, an estimated $6.05M sold.
Based on aggregated 13F filings for Q4 2014.