QuinStreet
QNST
145 hedge funds and large institutions have $920M invested in QuinStreet in 2024 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 36 increasing their positions, 58 reducing their positions, and 14 closing their positions.
432% more call options, than puts
Call options by funds: $11.4M | Put options by funds: $2.14M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
34% more capital invested
Capital invested by funds: $689M → $920M (+$231M)
29% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 14
3% more funds holding
Funds holding: 141 → 145 (+4)
3.85% less ownership
Funds ownership: 98.48% → 94.63% (-3.9%)
38% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$22.7M |
| 2 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$9.4M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$8.18M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.68M |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$24.7M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$14.8M |
| 3 |
Millennium Management
New York
|
-$9.43M |
| 4 |
Impax Asset Management Group
London,
United Kingdom
|
-$5.48M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$3.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PHS
151
Pekin Hardy Strauss
Chicago,
Illinois
| – | -$206K | -16,100 | Closed |
|
152
SG Americas Securities
New York
| – | -$193K | -15,066 | Closed |
|
|
CIP
153
Cornerstone Investment Partners
Atlanta,
Georgia
| – | -$165K | -12,865 | Closed |
|
|
DT
154
Diversified Trust
Memphis,
Tennessee
| – | -$147K | -11,457 | Closed |
|
|
BHCM
155
Brevan Howard Capital Management
St. Helier,
Jersey
| – | -$130K | -10,178 | Closed |
|
156
Simplex Trading
Chicago,
Illinois
| – | -$45.4K | -3,191 | Closed |
|
|
NFSG
157
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$3.01K | -235 | Closed |
|
|
ASN
158
Advisory Services Network
Atlanta,
Georgia
| – | -$1.28K | -100 | Closed |
|
|
C
159
Covestor
London,
United Kingdom
| – | +$100 | +7 | +47% |
|
QNST Hedge Fund Activity: Q1 2024 in Review
145 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in QuinStreet (QNST) for Q1 2024, worth a combined $920M — up 34% from $689M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new QNST positions and 14 closed out — a net gain of 4 holders — while 36 added to existing stakes and 58 trimmed.
The largest buyer was American Century Companies, opening a new position worth an estimated $22.7M. The largest seller was Morgan Stanley, cutting an estimated $24.7M.
- 145 institutional investors held QuinStreet (QNST) as of Q1 2024, up from 141 in Q4 2023.
- Funds reported $920M of QuinStreet stock for Q1 2024, up 34% quarter-over-quarter.
- 18 funds opened new QuinStreet positions in Q1 2024 and 14 closed out, a net change of +4 holders.
- The largest QuinStreet buyer in Q1 2024 was American Century Companies, an estimated $22.7M added.
- The largest QuinStreet seller in Q1 2024 was Morgan Stanley, an estimated $24.7M sold.
Based on aggregated 13F filings for Q1 2024.