QuinStreet
QNST
141 hedge funds and large institutions have $689M invested in QuinStreet in 2023 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 52 increasing their positions, 49 reducing their positions, and 23 closing their positions.
625% more call options, than puts
Call options by funds: $1.65M | Put options by funds: $228K
55% more capital invested
Capital invested by funds: $444M → $689M (+$245M)
8.01% more ownership
Funds ownership: 90.47% → 98.48% (+8%)
6% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 49
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less funds holding
Funds holding: 146 → 141 (-5)
22% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$31.7M |
| 2 |
Millennium Management
New York
|
+$15.6M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$7.99M |
| 4 |
BlackRock
New York
|
+$5.44M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$5.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$15.5M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$7.48M |
| 3 |
Impax Asset Management Group
London,
United Kingdom
|
-$3.94M |
| 4 |
SAM
Silvercrest Asset Management
New York
|
-$2.38M |
| 5 |
JAM
Jacobs Asset Management
New York
|
-$1.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Allianz Asset Management
Munich,
Germany
| – | -$153K | -17,100 | Closed |
|
|
BFM
152
Boothbay Fund Management
New York
| – | -$153K | -17,085 | Closed |
|
|
ECM
153
Everence Capital Management
Goshen,
Indiana
| – | -$141 | -15,700 | Closed |
|
154
AQR Capital Management
Greenwich,
Connecticut
| – | -$139K | -15,456 | Closed |
|
|
EGM
155
Engineers Gate Manager
New York
| – | -$124K | -13,862 | Closed |
|
156
Walleye Trading
New York
| – | -$118K | -13,103 | Closed |
|
157
Walleye Capital
New York
| – | -$117K | -13,004 | Closed |
|
|
PCM
158
Potomac Capital Management
New York
| – | -$117K | -13,000 | Closed |
|
|
VF
159
Virtu Financial
New York
| – | -$113K | -12,556 | Closed |
|
|
QT
160
Quantbot Technologies
New York
| – | -$111K | -12,415 | Closed |
|
161
HSBC Holdings
London,
United Kingdom
| – | -$113K | -12,374 | Closed |
|
|
JF
162
Jump Financial
Chicago,
Illinois
| – | -$104K | -11,590 | Closed |
|
163
Point72 Asset Management
Stamford,
Connecticut
| – | -$58.3K | -6,500 | Closed |
|
|
C
164
Covestor
London,
United Kingdom
| – | -$90 | -8 | -35% |
|
QNST Hedge Fund Activity: Q4 2023 in Review
141 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in QuinStreet (QNST) for Q4 2023, worth a combined $689M — up 55% from $444M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of QNST and 18 opened new positions — a net loss of 5 holders — while 49 trimmed existing stakes and 52 added.
The largest buyer was Morgan Stanley, adding an estimated $31.7M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $15.5M.
- 141 institutional investors held QuinStreet (QNST) as of Q4 2023, down from 146 in Q3 2023.
- Funds reported $689M of QuinStreet stock for Q4 2023, up 55% quarter-over-quarter.
- 18 funds opened new QuinStreet positions in Q4 2023 and 23 closed out, a net change of -5 holders.
- The largest QuinStreet buyer in Q4 2023 was Morgan Stanley, an estimated $31.7M added.
- The largest QuinStreet seller in Q4 2023 was Thrivent Financial for Lutherans, an estimated $15.5M sold.
Based on aggregated 13F filings for Q4 2023.