QuinStreet
QNST
97 hedge funds and large institutions have $107M invested in QuinStreet in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 37 increasing their positions, 26 reducing their positions, and 9 closing their positions.
62% more ownership
Funds ownership: 0% → 62% (+62%)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
42% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 26
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
8% more capital invested
Capital invested by funds: $98.4M → $107M (+$8.31M)
1% less funds holding
Funds holding: 98 → 97 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.9M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.25M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$440K |
| 4 |
Morgan Stanley
New York
|
+$417K |
| 5 |
Citigroup
New York
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWILP
Kiwi Wealth Investments Limited Partnership
Wellington,
New Zealand
|
-$11.6M |
| 2 |
RA
Royce & Associates
New York
|
-$2.41M |
| 3 |
AIC
AWM Investment Company
New York
|
-$2.23M |
| 4 |
SIM
Spark Investment Management
New York
|
-$487K |
| 5 |
NIM
Needham Investment Management
New York
|
-$484K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
AQR Capital Management
Greenwich,
Connecticut
| – | -$86K | -28,630 | Closed |
|
102
SG Americas Securities
New York
| – | -$63K | -20,798 | Closed |
|
103
Two Sigma Investments
New York
| – | -$59K | -19,478 | Closed |
|
|
PCM
104
Prelude Capital Management
New York
| – | -$21K | -6,900 | Closed |
|
105
Barclays
London,
United Kingdom
| – | -$831 | -256 | -72% |
|
QNST Hedge Fund Activity: Q4 2016 in Review
97 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in QuinStreet (QNST) for Q4 2016, worth a combined $107M — up 8.4% from $98.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new QNST positions and 9 closed out — a net gain of 1 holder — while 37 added to existing stakes and 26 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $1.9M. The largest seller was Kiwi Wealth Investments Limited Partnership, exiting entirely with an estimated $11.6M sold.
- 97 institutional investors held QuinStreet (QNST) as of Q4 2016, down from 98 in Q3 2016.
- Funds reported $107M of QuinStreet stock for Q4 2016, up 8.4% quarter-over-quarter.
- 10 funds opened new QuinStreet positions in Q4 2016 and 9 closed out, a net change of +1 holder.
- The largest QuinStreet buyer in Q4 2016 was Guggenheim Capital, an estimated $1.9M added.
- The largest QuinStreet seller in Q4 2016 was Kiwi Wealth Investments Limited Partnership, an estimated $11.6M sold.
Based on aggregated 13F filings for Q4 2016.