QuinStreet
QNST
180 hedge funds and large institutions have $789M invested in QuinStreet in 2019 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 71 increasing their positions, 64 reducing their positions, and 38 closing their positions.
423% more call options, than puts
Call options by funds: $16.4M | Put options by funds: $3.15M
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
23% more capital invested
Capital invested by funds: $640M → $789M (+$148M)
11% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 64
3.26% more ownership
Funds ownership: 95.99% → 99.25% (+3.3%)
10% less funds holding
Funds holding: 199 → 180 (-19)
42% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$14.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$14.4M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$10.3M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$7.51M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$6.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$10.9M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$10.3M |
| 3 |
Renaissance Technologies
New York
|
-$5.56M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$5.22M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.79M |
QNST Hedge Fund Activity: Q2 2019 in Review
180 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in QuinStreet (QNST) for Q2 2019, worth a combined $789M — up 23% from $640M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of QNST and 22 opened new positions — a net loss of 16 holders — while 64 trimmed existing stakes and 71 added.
The largest buyer was William Blair Investment Management, opening a new position worth an estimated $14.5M. The largest seller was Intrinsic Edge Capital Management, cutting an estimated $10.9M.
- 180 institutional investors held QuinStreet (QNST) as of Q2 2019, down from 199 in Q1 2019.
- Funds reported $789M of QuinStreet stock for Q2 2019, up 23% quarter-over-quarter.
- 22 funds opened new QuinStreet positions in Q2 2019 and 38 closed out, a net change of -16 holders.
- The largest QuinStreet buyer in Q2 2019 was William Blair Investment Management, an estimated $14.5M added.
- The largest QuinStreet seller in Q2 2019 was Intrinsic Edge Capital Management, an estimated $10.9M sold.
Based on aggregated 13F filings for Q2 2019.