QuinStreet
QNST
144 hedge funds and large institutions have $767M invested in QuinStreet in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 39 increasing their positions, 60 reducing their positions, and 10 closing their positions.
254% more call options, than puts
Call options by funds: $1.04M | Put options by funds: $294K
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
14% more capital invested
Capital invested by funds: $672M → $767M (+$95M)
1% more funds holding
Funds holding: 143 → 144 (+1)
1.38% less ownership
Funds ownership: 91.1% → 89.71% (-1.4%)
35% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$13.3M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
+$6.48M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$5.09M |
| 4 |
JP Morgan Chase
New York
|
+$2.87M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$19.5M |
| 2 |
Impax Asset Management Group
London,
United Kingdom
|
-$5.53M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$3.63M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$3.55M |
| 5 |
BCM
Basswood Capital Management
New York
|
-$3.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Walleye Trading
New York
| – | -$70.6K | -4,920 | Closed |
|
|
PFO
152
PMC FIG Opportunities
Jerusalem,
Israel
| – | -$1.44K | -100 | Closed |
|
|
SWA
153
Sutton Wealth Advisors
Tampa,
Florida
| – | -$129 | -9 | Closed |
|
|
C
154
Covestor
London,
United Kingdom
| – | -$63 | -4 | -17% |
|
QNST Hedge Fund Activity: Q1 2023 in Review
144 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in QuinStreet (QNST) for Q1 2023, worth a combined $767M — up 14% from $672M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new QNST positions and 10 closed out — a net gain of 2 holders — while 39 added to existing stakes and 60 trimmed.
The largest buyer was Thrivent Financial for Lutherans, adding an estimated $13.3M. The largest seller was Rubric Capital Management (New York), exiting entirely with an estimated $19.5M sold.
- 144 institutional investors held QuinStreet (QNST) as of Q1 2023, up from 143 in Q4 2022.
- Funds reported $767M of QuinStreet stock for Q1 2023, up 14% quarter-over-quarter.
- 12 funds opened new QuinStreet positions in Q1 2023 and 10 closed out, a net change of +2 holders.
- The largest QuinStreet buyer in Q1 2023 was Thrivent Financial for Lutherans, an estimated $13.3M added.
- The largest QuinStreet seller in Q1 2023 was Rubric Capital Management (New York), an estimated $19.5M sold.
Based on aggregated 13F filings for Q1 2023.